2018 Gulfwest Food Expo held in Jeddah

US Consul General in Jeddah Ryan Gliha last week inaugurated the 2018 Gulfwest Food Expo at the Park Hyatt hotel in Jeddah.
Updated 03 December 2018

2018 Gulfwest Food Expo held in Jeddah

US Consul General in Jeddah Ryan Gliha last week inaugurated the 2018 Gulfwest Food Expo at the Park Hyatt hotel in Jeddah. Gulfwest Company Limited is a Jeddah-based Saudi company that imports US beef, which is used by five-star hotels, fine-dining restaurants, upscale casual dining and fast food restaurants, and catering companies.

The company said in a statement that the Gulfwest Food Expo held on Nov.26 is the first-of-its-kind event organized by a food product importer in Saudi Arabia. Twenty-five food products exporters from eight countries participated, including six from the US. Around 400 existing and new customers visited the exhibition to meet with the exhibitors, who received feedback on the products purchased and discussed issues related to new products.

One of the food products that attracted visitors’ attention at the event was the US-certified Angus beef exhibited by the Greater Omaha and United Source One. Both companies showcased high-quality US natural beef. US beef exports to Saudi Arabia are expected to reach $15 million this year and are projected to reach $30 million in 2019. 

Gulfwest is the only licensed US-certified Angus beef importer in Saudi Arabia, according to the press release.

Headquartered in Jeddah, the company is involved in importing chilled, frozen and ambient food products, serving to both food service and retail business segments through distribution centers located in Jeddah, Riyadh, Dammam and Madinah.

Top CEO Conference & Awards wraps up in Bahrain

Updated 17 April 2019

Top CEO Conference & Awards wraps up in Bahrain

The Top CEO Conference & Awards 2019, organized by TRENDS magazine — Mediaquest and international business school INSEAD, has concluded at the Al-Areen Palace and Spa in Bahrain. The event, held on Thursday, included seven key panel discussions under the theme “Growth in a Volatile Future” as well as the Top CEO Awards 2019 ceremony, which recognized the region’s most successful and trendsetting CEOs from more than 700 companies listed on GCC stock exchanges.

Top business leaders and more than 30 speakers from across the GCC shed light on the Middle East’s dynamic but volatile region and the burning issues facing the corporate world today. This year’s theme focused on a score of relevant issues, such as oil price fluctuations, tech disruptions, armed and political schisms that pose new risks, and opportunities. Speakers such as renowned economist Professor Nouriel Roubini provided growth solutions and road maps for businesses in the GCC region.

Alexandre Hawari, CEO of Mediaquest, said: “In its fifth edition, the Top CEO Conference & Awards fully encapsulated the theme of ‘Growth in a Volatile Future’ by acknowledging and exploring the growth transformation that the region is undergoing through digitalization and the fourth industrial revolution amid geopolitical tensions, looming trade wars and a rapidly evolving business environment. Building on the huge success of the previous years, the Top CEO Awards 2019 recognized CEOs and companies who have raised the bar by navigating challenges, implementing new strategies, and have demonstrated unquestionable growth, profitability and excellence in corporate governance.”

The conference kicked off with an opening keynote from Jassim Al-Seddiqi, CEO of the Abu Dhabi Financial Group and chairman of GFH Financial Group, who delved into the potential of transforming the region into a fintech hub and the importance of jumping on the digital bandwagon. 

The prime panel discussion on the “Future of Growth Amid Volatility” brought together five CEOs who explored methods to create future-proof strategies that can not only tackle challenges but also boost growth in a tough geopolitical and economic climate. 

Hisham Al-Rayes, CEO and board member of the GFH Financial Group, said: “Investing in the future in areas such as fintech, education and technology, the foundations for strong, enduring knowledge-based economies, is a priority for the group and the governments of the region in which we invest.”

“The Blockchain Opportunity” and “The Human Factor and Tech Innovation” panels brought together industry experts from Facebook, the Bahrain FinTech Bay and King Abdul Aziz University. 

“The Future of Women’s Business Leadership” panel discussed positive strides taken by GCC governments and businesses in leveling the playing field for women professionals.