PepsiCo announced on 28 September the opening of its first innovation facility in the Middle East.
Omar Farid to head PepsiCo in MEA
Omar Farid, previously SVP and business unit GM for GCC Beverages at PepsiCo, has moved from Saudi Arabia to PepsiCo’s Dubai headquarters to take on the role of president for the Middle East and Africa (MEA).
Saudi packaged food market forecast to keep surging at 8.95%
In its new Packaged Foods Market in Saudi Arabia 2012–16 report, Research and Markets estimates that the sector will grow over the period at an average of 8.95% each year.