AGP Executive Report
Last update: 6 hours agoUAE Beverage Deal: Al Khayyat Investments (AKI) signed an exclusive distribution partnership with Aujan Coca-Cola Beverages to run UAE growth and distribution for Rani, Vimto and Barbican across modern trade, traditional trade, supermarkets, HORECA and e-commerce. Turkey Food Transparency: Türkiye’s new rules from July 1 push restaurants and cafes to list ingredients and calories on menus, with QR codes for extra detail—aimed at helping diners with allergies and dietary needs. Turkey Recycling Push: Türkiye also launched a nationwide Deposit Return System, paying 1 lira back for eligible plastic, glass and aluminium beverage containers via return points or reverse vending machines. Turkey Inflation Watch: Istanbul’s June inflation eased to 35.94% year-on-year, with food and non-alcoholic beverages up 37.2%—and restaurant/hotel prices rising 34.3% annually. Cost Pressure from Mideast Turmoil: Japan’s manufacturers plan price hikes for about 20,000 food and beverage items again, citing higher raw materials, logistics and packaging costs linked to the Middle East conflict. Commercial LPG Relief (India): Oil marketing companies cut the 19-kg commercial LPG cylinder by up to ₹183.50 to ₹2,930 from July 1, easing costs for restaurants and hotels while domestic rates stayed unchanged. Hospitality Expansion (Gulf): Tashas Group announced a AED155m investment to accelerate Middle East growth, targeting more venues across the UAE and Saudi Arabia.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.