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Middle East
Tanmiah Food Company reports jump in poultry sales
Despite an increase in revenue, net profit was lower during the most recent quarter for the Saudi Arabian poultry and feed company.
Brand Insights
Egg handling innovations to better serve North American customers
GI-OVO
GI-OVO to open first US office in Springfield, Missouri. Brand Insights from GI-OVO.
Middle East
BRF, Saudi Public Investment Fund joint venture progressing
The two parties are now ready to begin implementing the formalities to incorporate a legal entity in Saudi Arabia.
Middle East
Saudi Arabia’s SALIC buys 180 million BRF shares
Saudi Agricultural and Livestock Investment Co. says transaction reflects efforts for country to achieve food security mandates.
Broilers & Turkeys
VIV Turkey returns for its 10th year
The 2023 10th International Trade Fair for Poultry Technologies, VIV Turkey, is scheduled for July 6-8 in the country’s largest city, Istanbul.
Broilers & Turkeys
Tanmiah Food reports strong revenue growth
For 2022, Saudi Arabia-based poultry company Tanmiah Food Group reports a 43% year-on-year increase in overall revenue, and operating profit up by 142%.
Broilers & Turkeys
Saudi Arabian poultry sector set to gain from new joint venture
The latest step to progressing the Saudi Arabian government’s program towards food security is a new Memorandum of Understanding between local poultry company Tanmiah Food Company and MHP SE of Ukraine.
Egg Production
Controls keep down food prices in United Arab Emirates
In contrast to elsewhere in the world, poultry and egg prices in the United Arab Emirates (UAE) are stable and forecast to fall. Local media report that this is the result of recent government policies on food prices, while international agencies suggest the controls may be holding back domestic production.
Broilers & Turkeys
Tanmiah Group reports seven-fold increase in profit
For the third quarter of the fiscal year, Saudi Arabia-based Tanmiah Food Group is reporting rising costs. However, these have been amply covered by increased sales, which have led to a more than seven-fold jump in net profit compared with last year.
Broilers & Turkeys
BRF agrees to new joint venture in Saudi Arabia
Through one of its subsidiaries, Brazil-based BRF is forming a new joint venture in Saudi Arabia to support the nation’s halal chicken production expansion target.
Poultry Nutrition & Formulation
Poultry feed shortage addressed by Egyptian government
In Egypt, the speaker of the House of Representatives is the latest high-level government representative to call for a solution to the current crisis affecting the nation’s poultry industry.
Home
Tyson: Sales increase, partnership in Saudi Arabia
Tyson Foods saw sales increase for the third quarter of 2022 and announced a partnership with Saudi Arabian company, Tanmiah.
Broilers & Turkeys
Ag ministry offers grants to boost Saudi Arabian poultry production
Over recent years, Saudi Arabia has successfully increased its rate of self-sufficiency in poultry meat production.
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