Agthia Ventures is co-funded by Agthia Group and ADQ and will be operated alongside US-based Touchdown Ventures
Agthia
Latest in Agthia
Abu Dhabi
Abu Dhabi f&b major Agthia reports 14% jump in net profit to AED247mn in 2022
The Group’s net revenue in the year also increased 33 percent y-o-y to AED 4.07 billion
acquisitions
Recent acquisitions help Abu Dhabi food giant Agthia post impressive Q3 numbers
The region’s leading F&B company’s net revenue grow 20 percent to $259.7 million and net profit improves to $11.03 million despite challenging conditions
Abu Dhabi
Abu Dhabi-based Agthia Group launches a globally first b2b e-commerce platform for dates
The platform is a joint initiative of Agthia subsidiary Al Foah and the Abu Dhabi Agriculture and Food Safety Authority
Abu Dhabi
Abu Dhabi food giant Agthia sets half-yearly dividend at $17.8 million
The announcement comes on the back of a strong financial performance by the company in the Jan-June 2022 period, posting a 51 percent jump in its revenues to reach AED2 billion
Abu Dhabi
UAE food giant Agthia spent $626.2 million in acquisitions last year: CEO
The company has been staging acquisitions across the region as it aims to solidify it market leadership – particularly in the massive economies of Egypt and Saudi Arabia
acquisition
Abu Dhabi’s Agthia acquires 60 percent stake in Egypt-based snack firm Auf
The acquisition reflects Agthia’s plans to strengthen its portfolio and diversification into branded consumer goods
Abu Dhabi
Abu Dhabi’s Agthia Group to work with UAE authorities on exemption from India’s wheat ban: report
The Indian government’s decision to halt shipments due to a drop in production has exacerbated pressure on a tight wheat market that is struggling due to the Russia-Ukraine conflict