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LATEST NEWS
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Diageo cuts sales and profit forecast amid weak demand in US, China
The maker of Guinness and Johnnie Walker lowers its sales and profit outlook as consumer demand slows in key markets.
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Al Ghurair Foods launches industrial food ingredients portfolio, plans UAE’s first corn starch manufacturing plant
Al Ghurair Foods expands into value-added B2B ingredient supply and announces major food processing investments in Abu Dhabi’s KEZAD.
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Italian authorities seize US$1.49B in Campari shares amid alleged tax fraud
Italy’s tax agency seizes €1.29 billion (US$1.49B) in Campari shares over alleged tax evasion linked to holding company Lagfin.
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Nonda Coffee launches Uganda’s first single-origin coffee Café in Riyadh under US$148M investment project
The launch marks a key milestone in Uganda–Saudi Arabia trade ties and elevates Uganda’s coffee to global premium status.
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PepsiCo’s Crown Beverages launches Evervess malt pineapple in Uganda
Crown Beverages introduces Evervess Malt Pineapple, marking PepsiCo’s entry into Uganda’s growing non-alcoholic malt beverage market.