Abu Dhabi National Hotels’ Post

Much has been said, and much more debated on global #FoodSecurity – Data reveals that we produce enough to feed over 8Bn people, yet over 800MM don’t have enough to eat every day. Prevalence of severe food insecurity went from 9.3% in 2019 to 11.7% in 2021 - against the UN FAO vision to end hunger, food insecurity and all forms of malnutrition by 2030 - Trends that clearly need to be urgent reversal. Even as we move towards convergence of perspectives to look beyond #food_safety, recognising that #nutritional_security relies critically on #food_sovereignty – the world’s largest exhibition for the sector, #Gulfood2024 opened doors this week to 5500 exhibitors from over 190 nations. Reconnecting nature, food sources, and people, the city platform showcases technological advancements on sustainable and regenerative food production systems, and the tremendous strides in innovation to #future-proof the #longevity aspirations of society. #Dubai’s commitment to food safety and quality assurance is poised to advance excellence in such vital global sectors for human wellbeing; and nurture partnerships to raise efficiency of the end to end source-to-table food supplychain prevalent in the city.   https://lnkd.in/dxT6nCDB   #Gulfood2024 #FoodSafety #SustainableFoodSystems #GlobalInnovation #D33_Agenda #RealFoodRealChange

Abu Dhabi National Hotels (ADNH) plans on listing its catering business on ADX - ADNH Catering LLC, which is well positioned to benefit from the favorable demographics in UAE and Saudi Arabia. The revenue for ADNH as of FY23 was up by 12% to AED 1.6 billion, with the hotel segment that grew at a CAGR of 24% (2020-23), contributing to over 83% of the revenue, remaining being driven by the transport segment. EBITDA margin stood at 55% - highest within the hospitality sector of UAE. As per Bloomberg the share sale is expected to raise around AED 1.1 to 1.5 billion (USD 300 to 400 million). Initially, the ADNH group held a 50% stake in ADNH Catering through a JV with Compass Group. In 1Q’24, ADNH acquired the remaining 50% shareholding of ADNH Compass for AED 227 million, resulting in the fair value gain of AED 916 million, leading to all three ADNH Catering UAE entities becoming fully owned subsidiaries of the group.   Currently ADNH is trading at 18x its FY23 earnings, with EV/EBITDA of 10.2x and P/B of 0.9x, fairly at a discount to its global peers. They continue to distribute DPS of AED 0.19/share reflecting a DY of 3%. The short-term catalyst for the stock would be the market's anticipation of ADNH’s inclusion into FTSE EM Index by Sept’24 as it meets the liquidity requirements. While the potential IPO of ADNH Catering  would serve as an additional value unlocking driver Stay tuned for more updates! #AbuDhabiNationalHotel #ADNH #Catering #IPO #Hospitality #ADX #UAE

Download the FHTB post-show report and relive the highlights, key trends, and success stories from the event. Get valuable insights and market data to fuel your future business strategies. Download now at bit.ly/FHTB2024Postshow #fhtbali #fhtb #foodhoteltourismbali #exhibition #businessopportunities #businessmatching #tradeevent #foodbeverage #foodindustry #hospitality

Let’s meet for a complete food solution 

Invaluable insights and inspiring connections! Cirrus International is thriving at Gulf Food 2024, engaging with industry leaders and shaping the future of food together. #cirrus #cirrusinternationalpvtltd #gulffood2024 #industryleaders #collaboration #dwtc #foodtech #innovation #futureoffood #foodindustry #logistics #shipping #uae #dubai #tradeshow #networking #exhibitors #innovation #realfoodrealbusiness LinkedIn

Abu Dhabi’s ADNH Group has started taking investor orders for the initial public offering (IPO) of its catering business, and seeks to raise as much as $235m (Dhs864m), capitalising on the robust appetite for listings in the GCC region. ADNH Catering is offering 9 million shares, equivalent to 40 per cent of the company’s total issued share capital. The indicative share price of Dhs0.91 and Dhs0.96 per share implies a market valuation of around $588m at the top of the range. “With exposure to high-growth sectors such as healthcare and education and an expanding geographic footprint in Abu Dhabi and Dubai, we see significant potential in Saudi Arabia, especially in the Eastern Region, Jeddah, and Riyadh, where we are already making excellent progress on expanding our operations,” said Clive Cowley, CEO of ADNH Catering. The catering firm, which provides food, cleaning, support services and manpower supply, is offering the shares in two tranches – to institutional investors and retail investors – between October 7 and October 15. The offering price would be determined on October 16, at the end of the book-building process. ADNH Catering | Abu Dhabi Securities Exchange | #IPO | #AbuDhabi

Let's connect in #Dubai next week! I'll be attending Gulfood - The World’s Largest, Most Trusted F&B Sourcing Event to gain market insights and network with industry leaders. As a representative of the Polish F&B industry, I'm excited to discuss business opportunities and food trends in Eastern-Central Europe. Feel free to drop me an email if you're interested in connecting. Looking forward to meeting you there! #Gulfood #networking #foodindustry #businessopportunities #marketinsights #Poland #EasternEurope

The countdown has begun! Only 10 days until the Future Food Forum 2024, where the UAE’s food industry leaders come together to shape the future of F&B. With the UAE leading the charge in innovation, this is your chance to engage in impactful discussions, discover the latest trends, and connect with industry experts. Don’t miss your chance to be a part of the biggest F&B event!  Register now: https://lnkd.in/gSdsCwzV Ministry Of Economy, UAE, وزارة التغير المناخي والبيئة Ministry of Climate Change and Environment, UAE Food & Beverage Manufacturers Group, Food Tech Valley, Dubai Chambers, DP World, Free From Food & Health Ingredients , Al Ain Farms, Emirates Macaroni Factory, IFFCO Group, Abu Dhabi Food Hub, SGS, BRF, Almarai - المراعي, Saigol & Gulf, Agthia Group PJSC, United Foods Company (PJSC), Yokogawa, Nutridor Dairy Manufacturing LLC, Pınar Süt, Tilda® | B Corp, Spinneys, Tetra Pak, Barakat , Tetra Pak, Al Islami Foods, Emirates Development Bank (EDB), Etihad Credit Insurance (ECI), Hunter Foods #futurefood2024 #futurefoodforum2024 #futurefoodseries #fbmg #futureconsumer #futurefood #futuregovernment #sustainability #foodinnovation #foodtech #uaefnb #uaefoodmarket #middleeastfnb #foodsecurity #fnbgrowth #impactpartnership #nextgenfood #cleaneating #organicfood #plantbaseduae #techinnovation #smartfarming #foodentrepreneurs #uaesustainability #globalfoodtrends

On this #WorldFoodDay, the Abu Dhabi Food Hub stands united with global efforts to strengthen food security and sustainability. As we continue our endeavor of building the region's leading #wholesale market, we are committed to building resilient food supply chains that connect producers to markets efficiently, reduce food waste, and ensure access to safe and nutritious food for all. Through collaboration with governments, private sectors, and global partners, we are driving innovative solutions to address food challenges and ensure that food systems are inclusive, sustainable, and capable of supporting future generations. Today, we honor the contributions of all those working to ensure that no one goes hungry and commit to continuing our work to build a food-secure world. Abu Dhabi Food Hub Empowering Global Food Security Ghassan Aboud Group AD Ports Group KEZAD Group #foodsupplychain #wholesalemarket #foodhub #foodsecurity #sustainability

EXCITING NEWS! SEALAND FOODSTUFF is thrilled to announce our participation in Foodex 2024 Riyadh from September 16-19, 2024! This premier event offers a unique opportunity to showcase your brand in one of the most dynamic food markets in the Middle East. Are you looking to expand your food business into the thriving Saudi market? Partner with us and benefit from our extensive experience and local market knowledge. 🔹 Who We Are: SEALAND FOODSTUFF specialises in sourcing and distributing high-quality food products across the Middle East. Our portfolio includes premium SEAFOOD ensuring top-notch quality for our clients. 🔹 Collaboration Opportunity: We invite food companies to collaborate with us before the exhibition. By partnering with us as your local distributor, we will help you navigate the Saudi market, establish your presence, and ensure your products reach the right customers. 🔹 Why Partner with Us: - Deep understanding of the Saudi market - Established distribution channels - Proven track record with successful partnerships You can secure your spot with us at the Sealand booth and have your brand showcased at Foodex 2024 Riyadh. Let’s discuss this exciting collaboration opportunity and how we can help your brand succeed in Saudi Arabia! 📅 Don’t miss out – schedule a meeting with us in advance by contacting sm@sealandksa.com. #Foodex2024 #FoodexRiyadh #FoodIndustry #FoodTrading #SaudiMarket #BrandExpansion #PartnershipOpportunities Looking forward to connecting with you!