Food & Drink China’s online food delivery giant Keeta to enter Kuwait Keeta, the international arm of China’s biggest food delivery app, reportedly plans to launch operations in Kuwait. The recruiting process is nearing completion, with the launch expected in the second half of 2025 or early 2026, Al Qabas, an Arabic daily, reported, citing unnamed sources. The report said that the Chinese company may consider acquiring […] June 13, 2025
Leisure & Hospitality Uber enters Turkey’s food delivery sector with $700m buyout Uber Technologies will foray into Turkey’s food delivery sector as part of its expansion plans. The company has agreed to acquire an 85 percent stake in Alibaba-backed Trendyol Group’s Go online meal and grocery delivery business in Turkey for $700 million. The acquisition is expected to close in the second half of 2025 following regulatory […] May 7, 2025
Food & Drink Bahrain’s Calo acquires UK meal delivery brands Calo, a Bahraini foodtech startup, is making its first foray outside of the Gulf by expanding into the UK. The company, which was founded in Bahrain but now has its headquarters in Saudi Arabia, is acquiring UK-based meal delivery brands Fresh Fitness Food and Detox Kitchen in the expansion. Caspar Rose, the former head of […] May 1, 2025
Food & Drink Americana reports growth in revenue and profit Americana Restaurants reported a higher net income for the first quarter of 2025 compared with this time last year, as a consumer boycott targeted at the company’s brands related to the Gaza conflict eased. Net profit in the three months to March grew 16.5 percent in the quarter to $32.6 million, driven by higher revenue […] April 30, 2025
Food & Drink PIF food unit builds Jeddah factory with Brazilian partner Halal Products Development Company, a wholly owned subsidiary of Saudi Arabia’s Public Investment Fund, and Brazilian food processor BRF have started constructing a processed-food factory in Jeddah. The factory is being developed by the joint venture BRF Arabia Holding Company at a cost of $160 million, BRF said in a statement. Established in 2023, the venture […] April 22, 2025
Food & Drink PepsiCo to open Saudi research centre for Arab tastes PepsiCo has said it plans to open a research and development facility in Saudi Arabia focused on developing new products for Middle Eastern consumers. At a cost of SAR30 million ($8 million), the centre will be the largest of its kind in the Gulf region and located in Riyadh, the US company said as it […] April 21, 2025
