Latest news with #ADNHCatering
Mid East Info
20-05-2025
- Business
- Mid East Info
Ghitha Holding PJSC and ADNH Catering OPC Sign MoU to Explore Local Sourcing and Supply Chain Collaboration
Agreement reflects joint commitment to advancing national food security and industrial efficiency under Make it in the Emirates 2025 Abu Dhabi, UAE – May, 2025 – Ghitha Holding PJSC, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company PJSC (IHC), today signed a Memorandum of Understanding (MoU) with Abu Dhabi National Hotels (ADNH) Catering OPC, one of the country's largest institutional catering providers. The signing took place at Make it in the Emirates (MIITE) 2025, the UAE's premier manufacturing platform, running from May 19–22 at ADNEC, Abu Dhabi. The agreement was inked by Falal Ameen, Group CEO of Ghitha Holding PJSC and Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, on Day 1 of the event. The MoU outlines the intent of both parties to explore avenues of collaboration that support the UAE's national food security goals, enhance local sourcing, and optimize supply chain integration. The partnership reflects a mutual vision to scale production capabilities and expand the use of high-quality, Made-in-UAE food products across institutional catering sectors, including hospitality, healthcare, education, and government. The collaboration aligns with the objectives of the UAE's Food Security Strategy 2051, the National Strategy for Industry and Advanced Technology, and the wider objectives of MIITE 2025 — reinforcing the strategic role of both organizations in strengthening national resilience through local value creation. Falal Ameen, Group CEO of Ghitha Holding PJSC, stated: 'This MoU reflects a joint commitment to enhancing our growing supply chain and building a more self-reliant, agile food ecosystem in the UAE. At Ghitha, we believe that value-based partnerships are key to achieving lasting impact. By working closely with ADNH Catering, we aim to expand local sourcing, and deliver reliable, high-quality food solutions that support the nation's growth.' Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering OPC, added: 'Partnering with Ghitha Holding enables us to explore new ways of embedding local production into our catering operations, while continuing to meet the high standards our clients expect. This collaboration supports our broader goal of contributing to food security, enhancing sustainability, and strengthening national capabilities across the value chain.' The MoU sets the stage for early-stage collaboration in several key areas, including evaluating local sourcing potential, aligning supply chain planning, enhancing procurement agility, and exploring opportunities for product innovation and infrastructure investment. As both entities explore next steps, the MoU underscores their shared commitment to driving national priorities forward — by leveraging complementary strengths to deliver long-term value to the UAE's food and hospitality ecosystem. For more information, visit Ghitha Holding at Stand 1-FB20, Hall 1, at Make it in the Emirates 2025 from May 19–22 at ADNEC, Abu Dhabi.
Trade Arabia
20-05-2025
- Business
- Trade Arabia
Ghitha, ADNH Catering plan local sourcing, supply chain collaboration
UAE's Ghitha Holding and ADNH Catering OPC have signed an MoU to explore local sourcing and supply chain collaboration. Ghitha Holding, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company (IHC), today signed a memorandum of understanding (MoU) with Abu Dhabi National Hotels (ADNH) Catering OPC, one of the country's largest institutional catering providers. The signing took place at Make it in the Emirates (MIITE) 2025, the UAE's premier manufacturing platform, running from May 19 to 22 at Adnec, Abu Dhabi. The MoU sets the stage for early-stage collaboration in several key areas, including evaluating local sourcing potential, aligning supply chain planning, enhancing procurement agility, and exploring opportunities for product innovation and infrastructure investment. The agreement was inked by Falal Ameen, Group CEO of Ghitha Holding, and Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, on Day 1 of the event. The MoU outlines the intent of both parties to explore avenues of collaboration that support the UAE's national food security goals, enhance local sourcing, and optimise supply chain integration. The partnership reflects a mutual vision to scale production capabilities and expand the use of high-quality, Made-in-UAE food products across institutional catering sectors, including hospitality, healthcare, education, and government. The collaboration aligns with the objectives of the UAE's Food Security Strategy 2051, the National Strategy for Industry and Advanced Technology, and the wider objectives of MIITE 2025 — reinforcing the strategic role of both organizations in strengthening national resilience through local value creation. Ameen stated: 'This MoU reflects a joint commitment to enhancing our growing supply chain and building a more self-reliant, agile food ecosystem in the UAE. At Ghitha, we believe that value-based partnerships are key to achieving lasting impact. By working closely with ADNH Catering, we aim to expand local sourcing, and deliver reliable, high-quality food solutions that support the nation's growth.' Abizova added: 'Partnering with Ghitha Holding enables us to explore new ways of embedding local production into our catering operations, while continuing to meet the high standards our clients expect. This collaboration supports our broader goal of contributing to food security, enhancing sustainability, and strengthening national capabilities across the value chain.' As both entities explore next steps, the MoU underscores their shared commitment to driving national priorities forward — by leveraging complementary strengths to deliver long-term value to the UAE's food and hospitality ecosystem, a statement said. - TradeArabia News Service
Zawya
20-05-2025
- Business
- Zawya
Ghitha Holding PJSC and ADNH Catering PLC sign MoU to explore local sourcing and supply chain collaboration
Abu Dhabi, UAE – Ghitha Holding PJSC, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company PJSC (IHC), today signed a Memorandum of Understanding (MoU) with Abu Dhabi National Hotels (ADNH) Catering PLC, one of the country's largest institutional catering providers. The signing took place at Make it in the Emirates (MIITE) 2025, the UAE's premier manufacturing platform, running from May 19–22 at ADNEC, Abu Dhabi. The agreement was inked by Falal Ameen, Group CEO of Ghitha Holding PJSC and Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, on Day 1 of the event. The MoU outlines the intent of both parties to explore avenues of collaboration that support the UAE's national food security goals, enhance local sourcing, and optimize supply chain integration. The partnership reflects a mutual vision to scale production capabilities and expand the use of high-quality, Made-in-UAE food products across institutional catering sectors, including hospitality, healthcare, education, and government. The collaboration aligns with the objectives of the UAE's Food Security Strategy 2051, the National Strategy for Industry and Advanced Technology, and the wider objectives of MIITE 2025 — reinforcing the strategic role of both organizations in strengthening national resilience through local value creation. Falal Ameen, Group CEO of Ghitha Holding PJSC, stated: 'This MoU reflects a joint commitment to enhancing our growing supply chain and building a more self-reliant, agile food ecosystem in the UAE. At Ghitha, we believe that value-based partnerships are key to achieving lasting impact. By working closely with ADNH Catering, we aim to expand local sourcing, and deliver reliable, high-quality food solutions that support the nation's growth.' Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, added: 'Partnering with Ghitha Holding enables us to explore new ways of embedding local production into our catering operations, while continuing to meet the high standards our clients expect. This collaboration supports our broader goal of contributing to food security, enhancing sustainability, and strengthening national capabilities across the value chain.' The MoU sets the stage for early-stage collaboration in several key areas, including evaluating local sourcing potential, aligning supply chain planning, enhancing procurement agility, and exploring opportunities for product innovation and infrastructure investment. As both entities explore next steps, the MoU underscores their shared commitment to driving national priorities forward — by leveraging complementary strengths to deliver long-term value to the UAE's food and hospitality ecosystem. For more information, visit Ghitha Holding at Stand 1-FB20, Hall 1, at Make it in the Emirates 2025 from May 19–22 at ADNEC, Abu Dhabi.
Mid East Info
19-05-2025
- Business
- Mid East Info
Ghitha Holding PJSC and ADNH Catering PLC Sign MoU to Explore Local Sourcing and Supply Chain Collaboration
Agreement reflects joint commitment to advancing national food security and industrial efficiency under Make it in the Emirates 2025 Abu Dhabi, UAE – May , 2025 – Ghitha Holding PJSC, a UAE-based diversified conglomerate spanning agriculture, food production, and distribution, a subsidiary of International Holding Company PJSC (IHC), today signed a Memorandum of Understanding (MoU) with Abu Dhabi National Hotels (ADNH) Catering PLC, one of the country's largest institutional catering providers. The signing took place at Make it in the Emirates (MIITE) 2025, the UAE's premier manufacturing platform, running from May 19–22 at ADNEC, Abu Dhabi. The agreement was inked by Falal Ameen, Group CEO of Ghitha Holding PJSC and Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, on Day 1 of the event. The MoU outlines the intent of both parties to explore avenues of collaboration that support the UAE's national food security goals, enhance local sourcing, and optimize supply chain integration. The partnership reflects a mutual vision to scale production capabilities and expand the use of high-quality, Made-in-UAE food products across institutional catering sectors, including hospitality, healthcare, education, and government. The collaboration aligns with the objectives of the UAE's Food Security Strategy 2051, the National Strategy for Industry and Advanced Technology, and the wider objectives of MIITE 2025 — reinforcing the strategic role of both organizations in strengthening national resilience through local value creation. Falal Ameen, Group CEO of Ghitha Holding PJSC, stated: 'This MoU reflects a joint commitment to enhancing our growing supply chain and building a more self-reliant, agile food ecosystem in the UAE. At Ghitha, we believe that value-based partnerships are key to achieving lasting impact. By working closely with ADNH Catering, we aim to expand local sourcing, and deliver reliable, high-quality food solutions that support the nation's growth.' Laura Abizova, Procurement & Supply Chain Director (ME) of ADNH Catering, added: 'Partnering with Ghitha Holding enables us to explore new ways of embedding local production into our catering operations, while continuing to meet the high standards our clients expect. This collaboration supports our broader goal of contributing to food security, enhancing sustainability, and strengthening national capabilities across the value chain.' The MoU sets the stage for early-stage collaboration in several key areas, including evaluating local sourcing potential, aligning supply chain planning, enhancing procurement agility, and exploring opportunities for product innovation and infrastructure investment. As both entities explore next steps, the MoU underscores their shared commitment to driving national priorities forward — by leveraging complementary strengths to deliver long-term value to the UAE's food and hospitality ecosystem. For more information, visit Ghitha Holding at Stand 1-FB20, Hall 1, at Make it in the Emirates 2025 from May 19–22 at ADNEC, Abu Dhabi.
Zawya
24-02-2025
- Business
- Zawya
ADNH Catering plans further Saudi growth after Food Nation acquisition
Abu Dhabi-listed ADNH Catering (ADNHC) will expand further into Saudi Arabia after its recent acquisition of Food Nation Catering. The transaction, which is close to completion, allows ADNHC, which is a unit of Abu Dhabi National Hotels (ADNH), to expand further into the school food segment its CEO Clive Cowley said. The company will utilise Food Nation's expertise to grow in that area including in Saudi Arabia. Within three to five years, the school catering segment could bring in AED 250 million revenue, Cowley told Zawya. The addressable market for ADNHC in the UAE is AED 4 billion according to studies commissioned by the company. It expects a CAGR of 5% for the next five years across the business. Analysts said ADNHC has a ' promising ' outlook due to population and tourism growth in Abu Dhabi. While 70% of ADNHC's business is still focused on Abu Dhabi and the country's western region, there is further opportunity to grow in Dubai and the Northern Emirates, Cowley said. A shift to 60% of the business being in Abu Dhabi and 40% elsewhere is likely within 18 months. 'We are very much a broader based business in the UAE now, and our portfolio represents a more diverse contract base,' he said. ADNHC raised AED 864 million ($235 million) when it listed in Abu Dhabi last year and operates in private and public sectors, providing catering in healthcare, education and the defence sector. Other segments are dining services in workplaces including offices, factories and oil rigs as well as police and correctional facilities. It also provides support services such as cleaning, manpower supply and pest control, which already accounts for annual revenue of AED 500 million. Revenue rose 12% to AED 443 million in the fourth quarter of 2024 and profit grew to AED 44 million according to recent financial results. ADHNC expanded into Saudi Arabia and acquired a controlling stake in its joint venture Compass Arabia last year, with the healthcare sector seen as a 'high growth' opportunity in addition to education, Cowley said. Cowley described ADHNC as profitable, cash generative and light on capital expenditure in real terms with a positive cash outlook. The company is not keen on debt equity at this moment for expansion, Cowley said. 'We have already established a revolving credit facility for AED 250 million for any acquisitions going forward. 'We are in a position where we are able to fund our growth in the near-term with the facilities we already have available to us,' he added. (Reporting by Imogen Lillywhite; editing by Seban Scaria)
