Bloomberg Packaged-foods maker Conagra Brands Inc cut its sales and earnings forecast, blaming a slowdown at restaurants over the holiday season and subsequent weakness at retailers in January. The Chicago-based company now anticipates organic sales to be flat or to grow only 0.5% in the fiscal year that ends in three months, a reduction from its prior growth forecast of ...

Abu Dhabi / WAM The Federal Authority for Nuclear Regulation (FANR), the UAE’s independent nuclear regulator, on Monday announced it has granted Nawah Energy Company the operating licence for Unit 1 of the Barakah Nuclear Power Plant, making the UAE the first country in the Arab region to operate a nuclear power plant. In a press conference in Abu Dhabi, ...

DUBAI / WAM Figures released by Dubai Customs showed a three percent growth in Dubai’s external trade in foodstuff in 2019, reaching AED86.2 billion compared to AED84 billion in 2018. According to the customs authority, which revealed the figures during the Gulfood 2020 Exhibition currently taking place in Dubai, exports totalled AED16.94 billion, a growth of 15.3 percent, compared to ...