Abu Auf has opened more than 100 stores and increased EBITDA by over 70% in AED terms over the past two years
food and snacks business
Latest in food and snacks business
Agthia Group
Agthia increases its stake in Egypt’s Auf Group to 70%
The Abu Dhabi-based company will significantly enhance its footprint in the attractive Egyptian snacking market
beverages business
Pepsi announces major logo change
The new Pepsi logo will debut in North America in 2023, whereas it will be globally rolled out in 2024
beverages business
PepsiCo to slash hundreds of jobs to ‘operate more efficiently’: Report
Hundreds of jobs will be cut, the source said, and will primarily affect the company’s North America beverage business
acquisitions
Abu Dhabi-based Agthia fully acquires Dubai’s BMB Group
Agthia will acquire 100 percent of BMB in a transaction that is expected to be fully funded by cash
