Latest in Tag: Nestle Highlight

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Latest in Tag: Nestle

Nestlé acquires Egyptian instant coffee company Caravan

Nestlé SA announced on Sunday that it has signed an agreement to acquire Caravan Marketing Company SAE (CMC), an Egyptian instant coffee company owner of the Bonjorno brand. The acquisition reflects Nestlé’s ambition to invest in Egypt and foster the development of the rapidly growing soluble coffee segment which has been gaining popularity among Egyptians. …

Hossam Mounir

INTERVIEW-Halal food standards too complex-Nestle

Demand for halal food is growing but confusion surrounding global standards is hindering the industry’s potential, said an executive at Nestle, the world’s biggest food group. Aiad Al Khatib, head of corporate regulatory and scientific affairs at Nestle, said that standards for what is halal, or permissible under sharia law, need to be aligned, clarified …


Egypt gains momentum in ICT outsourcing

By Oxford Business Group Egypt has long been a cost-competitive destination for offshore services, such as business process outsourcing (BPO), but a spate of new agreements with a number of large investors has given the ICT sector a further boost, with thousands of potential new jobs in the offing. Egypt’s Information Technology Industry Development Agency …

Daily News Egypt

Innovation in Developing Economies

By Michael R Czinkota and Ilkka Ronkainen Innovation in developing economies is evolving rapidly, but can still improve in terms of marketing. Businesses in emerging economies can make profits and can positively affect the livelihoods of people. In the next generation, multinational corporations can expand to vast un- and underserved consumer groups in developing countries. Executives …

Daily News Egypt

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