AGP Executive Report
Last update: 2 hours agoFood Costs: Türkiye’s annual inflation reached 29.77% in October, with food prices up 27.73% year on year and 3.5% month on month, keeping pressure on consumers and food businesses. Dubai Dining: KFC opened its first Muse restaurant in Dubai, a global debut for the brand’s experience-led concept. Foodtech: Syrian startup Percent Labs closed a seed round at a valuation above $1 million, adding momentum to the region’s emerging foodtech scene. Egypt Expansion: Kitopi and TMR signed an exclusive deal to bring the CATCH22 and Awani restaurant brands to Egypt. Regional Trade: Türkiye and Cameroon identified agriculture, food industry and other sectors for deeper business cooperation, with agricultural modernisation a priority. Franchise Growth: Subway is targeting 10,000 restaurants across Europe, the Middle East and Africa by 2031, with new partnerships and expansion plans including Qatar.
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.
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