Quotes: MENA   Enter Symbol: NewsLetter: Search: advanced

Singapore's F&B exports to GCC see fast growth  Join our daily free Newsletter

MENAFN - Khaleej Times - 01/02/2014
No. of Ratings : 0
Add to Mixx!


(MENAFN - Khaleej Times) With Singapore food and beverage exports to the GCC continuing to grow, the country has the strongest presence on record at the exhibition, which will take place at the Dubai World Trade Centre from February 23 to 27, 2014. Themed 'Best in Asia,' the Singapore Pavilion is organised by the Singapore Food Manufacturers' Association with the support of International Enterprise (IE) Singapore



According to IE Singapore, the government agency promoting the overseas growth of Singapore-based enterprises and international trade, the recently-ratified GCC-Singapore Free Trade Agreement (GSFTA) is set to open up more opportunities for Singapore companies in the GCC, a significant market for its F&B industry. The GSFTA is the fst free trade agreement between the GCC and a non-Middle East country




The GCC is now the 12th largest destination for Singapore F&B exports globally and its largest export market for coffee and spices. Over the last five years, Singapore F&B exports to the GCC have grown at an annual rate of five per cent, reaching 238 million in 2013



Lester Lu, regional director in Dubai for IE Singapore, said: "The UAE remains the top export market for Singapore F&B companies, accounting for 46.5 per cent of Singapore's exports to the GCC. With the ratification of the GSFTA, the mutual recognition of Halal standards and enhanced price competitiveness of products, this will contribute to the continued growth of Singapore's F&B exports.

 


Khaleej Times




  MENA News Headlines
 Dec 2 2016 - Saudi Arabia's oil revenues grow by 6.2pctMENAFN
(MENAFN) Saudi Arabia's oil profits in Sep this year reached USD11.60bn, an increase of 6.2 percent compared with the same period of 2015.Accordingly, the oil incomes accounted for 81.5 percent of ...

 Dec 2 2016 - Kuwait finishes building USD1.7bn utility plantMENAFN
(MENAFN) Kuwait proclaimed the completion of the building phase of its USD1.7bn Azzour North One, which is the first independently-owned utility plant in the country.Furthermore, the project is the ...

 Dec 2 2016 - Egypt to develop three industrial complexesMENAFN
(MENAFN) Egypt aims to invite investors to develop three industrial complexes covering pharmaceuticals, food and engineering industries.Accordingly, the projects located in Port Said, Sadat City and ...

 Dec 2 2016 - Emirates starts A380 service to DohaGulf Times
(MENAFN - Gulf Times) Emirates on Thursday set an aviation milestone by launching the world's biggest passenger aircraft on its shortest, scheduled sector ever. Covering 379km from Dubai to Doha in ...

 Dec 2 2016 - Qatar population rises 1% to 2,637,000Gulf Times
(MENAFN - Gulf Times) In line with the trend witnessed over the last 15 years, Qatar's population grew marginally in the period between November 1 and 30, according to a communique issued by the ...

 Dec 2 2016 - Qatar now a maritime gateway for trade: PMGulf Times
(MENAFN - Gulf Times) Qatar's private sector has played as significant role in the development of major infrastructure projects such as the new Hamad Port, HE the Prime Minister and Minister of ...

 Dec 2 2016 - How the UAE celebrates National DayKhaleej Times
(MENAFN - Khaleej Times) National Day fervour has gripped the UAE as people - expats and Emiratis alike - begin their celebrations in earnest throughout the emirates. All over the country, ...

 Dec 2 2016 - UAE's great leaders, their grand visionKhaleej Times
(MENAFN - Khaleej Times) The seeds were sown during a meeting in 1968 in the desert location of Argoub El Sedirah where the union was agreed upon. The UAE has now moved to discussing its future ...

 Dec 2 2016 - WATCH: Expat community unites for the UAEKhaleej Times
(MENAFN - Khaleej Times) Let us ask you: Why do you love the UAE? For these expats, they have a multiple number of reasons that all boils down to one thing - tolerance. A video recently posted by ...

 Dec 2 2016 - Lagoona Mall to showcase the latest fashion trendsGulf Times
(MENAFN - Gulf Times) Lagoona Mall, Doha's premium shopping and lifestyle destination, has announced the third edition of its Fashion Week to showcase the latest collections from some of ...

more...


 





Google

PayExpo_MENA
 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

Search News
Market Indices
Quotes & Charts

Global Indices
Arab Indices

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Economic Calendar
Financial Glossary


Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2014 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help