Financials & Economy
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Agthia Group reports 10.9% revenue growth despite headwinds in Egypt
UAE – Agthia Group, a leading UAE food and beverage company based in Abu Dhabi, has announced a 10.9% revenue increase to Dh3.27 billion (US$882.9million)…
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MGP Ingredients appoints David Bratcher CEO, releases Q3 earnings
USA – MGP Ingredients, a US-based specialty food ingredient producer, announced the appointment of a new CEO, David Bratcher, effective from January 2024, during its…
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First Mills records revenue growth, but net profit declines
SAUDI ARABIA – First Mills, a leading milling company in Saudi Arabia, saw its revenue increase by 4.5% during the first nine months of the…
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DSM-Firmenich Taste and Health & Nutrition business shows resilience amidst record low vitamin prices
NETHERLANDS – In its latest business report, DSM-Firmenich’s Taste and Texture and Health (TTH) segment reported a 5% decline in organic sales in Q3. Enzymes,…
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LDC half year sales shrink 8.9% as drought in the US, lower crop yields in Argentina impact volumes traded
NETHERLANDS– Louis Dreyfus Company has released its consolidated financial results for the six-month period ending June 30, 2023, showcasing a strong performance despite the persistent…