The meat giant will work with Protix to construct a plant dedicated to insect protein items in the U.S., for use in pet food, aquaculture and livestock production.Tyson Foods announced a strategic investment with insect protein startup Protix to boost the presence of insect ingredients utilized in the food system, the company said in a statement.
Bahrain is set to introduce a significant tax reform aimed at multinational enterprises (MNEs), with the government implementing a domestic minimum top-up tax of 15% on large corporations beginning January 1, 2025. This new tax regulation will apply to multinational companies with global revenues exceeding $828.23 million (EUR750 million), as reported by the Bahrain News […]
Global strategy consulting firm Simon-Kucher has released the 2023 edition of its annual Global Automotive Study, shedding light on the main trends and developments in the industry. Lovrenc Kessler, Chris Bergman and Samer Yamin from the firm’s Middle East team walk through the key insights for the UAE and Saudi markets. Read the full article […]
As protein bar sales grow globally, new opportunities are emerging. Learn the three top drivers of future growth in protein bars, according to our consumer research. Read the full article here mindfield
In recent years, the Gulf Cooperation Council (GCC) countries have embarked on ambitious initiatives to diversify their economies, reduce dependence on oil, and create more sustainable and inclusive economic models. Among these, Saudi Arabia’s Vision 2030 stands out as a transformative blueprint aimed at reshaping the kingdom’s economic and social landscape. As Vision 2030 progresses, […]
