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Abu Dhabi Ports, Agthia Group ink 25-year lease agreement (The Gulf Today - 30/06/2016)

Abu Dhabi Ports (ADP) and Agthia Group have signed a lease agreement aimed at expanding the Group’s existing ‘Grand Mills Flour and Animal Feed’ facilities at Zayed Port. The new agreement was signed by Captain Mohamed Juma Al Shamisi, Chief Executive

Mezzan Holding in talks on joint venture with Al Faisaliah Group (Saudi Gazette - 21/06/2016)

Mezzan Holding, one of the largest food, beverage, FMCG and pharma manufacturing and distribution companies in the Gulf, announced on Monday that it is in talks with Saudi Arabia’s Al Faisaliah Group, a leading diversified business group, for the

Dubai group pays $2.4bn for control of Kuwait's Americana (Arab News - 19/06/2016)

An investment group led by prominent Dubai businessman Mohamed Alabbar has agreed to buy a majority stake in Kuwait Food Co (Americana) from the Kharafis, a Kuwaiti merchant family, for about $2.4 billion. Under a legally binding agreement with Al-Khair

Kuwaiti group Americana revives stake sale talks (Trade Arabia - 16/06/2016)

Kuwait Food Company (Americana) is back in talks to sell a majority stake to a group of Gulf investors just days after negotiations collapsed over valuation issues, sources said on Wednesday. Americana, which owns the Middle East franchises for fast food

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