Final Day of InFlavour in Riyadh Celebrates Regional F&B Ecosystem

InFlavour ended its three-day run on Wednesday. (SPA)
InFlavour ended its three-day run on Wednesday. (SPA)
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Final Day of InFlavour in Riyadh Celebrates Regional F&B Ecosystem

InFlavour ended its three-day run on Wednesday. (SPA)
InFlavour ended its three-day run on Wednesday. (SPA)

InFlavour ended its three-day run at Riyadh Exhibition and Conference Center, Malham, on Wednesday with the region’s growing start-up industry at the top of the menu. Prominent figures from across the Middle East took to the inaugural event’s various stages to share personal growth stories, while the first Five-Star Pitch Fest – a three-day knock-out competition for F&B start-ups – confirmed its winners.

Speaking on the Main Course stage early in the afternoon, Jordanian chef Manal Al Alem discussed the importance of keeping tradition and culture alive. With more than four million followers on Instagram and in excess of 2.6 million subscribed to her YouTube channel, the “Queen of the Arabian Kitchen” believes social media can help rather than hinder when it comes to ensuring younger generations remain connected with their food heritage.

“It is an ongoing challenge with the new generation as they are so used to quick food – the press of a button nowadays means you can have any cuisine you wish,” she said. “Also, traditional food can sometimes be one-dimensional in terms of flavors and the new generation prefers multiple flavors when they eat a meal.

“I like to use my influence on social media to try and encourage my followers to try different things. I work with them to find ways of merging tradition with current trends and have seen some incredible recipes come out of social media. I always like to engage with my followers and leave comments on how they can improve their creations – I believe this is very important when trying to inject traditional culture into modern cuisine trends.”

Later on the same stage, the grand finale of InFlavour’s inaugural Five-Star Pitch Fest saw the industry’s brightest and best start-ups compete to win one of three coveted prizes: The “Plant The Idea Award” for best early-stage start-up included a US$10,000 prize; “Flourishing Founder Award” celebrated the best well-established start-up and also provided a prize of US$10,000; while the “InFlavour Award” was given to the most impressive startup overall, rewarding the winners with a check for US$30,000.

Starting on InFlavour’s opening day, 33 semi-finalists battled it out on stage to impress the 24 investors-turned-judges and secure one of six finalist spots. The grand finale welcomed Prince Khaled bin Alwaleed bin Talal Al Saud, the founder and CEO of KBW Ventures, alongside industry veterans Andrew D Ive, founder and managing general partner of Big Idea Ventures, and Dana Al Salem, founder of Merit Capital, as part of the judging panel, who scored the start-ups based on how each tackled creativity, innovation, potential, functionality, impact, and people and society.

Taking home the “Plant The Idea Award” for best early-stage start-up was Saudi-based Terraxy, a spin-off from King Abdullah University of Science and Technology (KAUST). Commercializing its SandX and CarboSoil technologies, Terraxy aims to address the ongoing challenges posed by harsh and arid environments by ultimately providing low-cost and environmentally friendly solutions for growing plants in deserts.

The “Flourishing Founder Award” for best well-established start-up, meanwhile, was Saudi-based Barakah, an online marketplace that enables food retailers to sell their surplus products and meals to consumers at heavily discounted prices.

Taking home the “InFlavour Award” and its US$30,000 prize was US-based A Dozen Cousins, a natural food brand that makes convenient and nutrient-rich meals, side dishes, and sauces inspired by traditional Creole, Caribbean and Latin American recipes.

“I was thrilled to showcase our brand and what we’ve built over the years,” said Ibraheem Basir, company founder and CEO. “It was so refreshing to hear all the pitches and it’s always a privilege to emerge as the winner. Looking ahead, our future involves continued growth, expanding distribution, and entering new markets. The prize money will help us expand our team and allocate resources efficiently.”

Speaking on the experience of judging some of the most innovative start-ups in the F&B ecosystem, Prince Khaled added: “It has been an incredible three days of pitches. We’ve seen some truly groundbreaking innovations and products from around the world. It is really exciting to see how these start-ups plan to transform not only the wider world’s F&B landscape, but also specifically Saudi Arabia’s. Congratulations once again to all participants and especially the three winners.”

Earlier in the day, Alia AlKasimi, the co-founder of Oh Delices Creative, had delivered a masterclass focused on current trends, spotlighting a cookbook her company created using only generative artificial intelligence (AI), and what potential repercussions the technology could have on the food marketing industry.

“After seeing so much talk about the possibilities of AI, my team and I got together in February of this year to explore how we could use these tools in our work, and in particular, the culinary space,” she said.

“We set out to make a cookbook solely using both text and image-based generative AI. As we are a Morocco-based company, we asked the program to come up with dishes that have never been done before, but still encompass the tradition of Moroccan food. What came out was nothing short of amazing,” she added.

Some of the dishes that made the final cut of Spice & Machine: 10 Moroccan Recipes Born From Artificial Intelligence include a strawberry harissa gazpacho, orange honey quinoa, and a Moroccan mint tea cake. Yet before they could be included, first Al Kasimi and her team needed to generate supporting images – and then, of course, the best part: Testing the recipes for real.

“I’ll be honest, we were all expecting the dishes to taste horrible, but we ended up changing next to nothing as every dish worked perfectly,” she said. “It was a real eye-opener for us all just how powerful AI can be if you learn to harness it properly. A project like this would usually take seven people up to four weeks to create – we did this with two people in less than a week. Is AI going to replace humans? It’s a broad question, but what I do know is humans who have learnt to properly utilize AI will replace humans who haven’t. That much is certain.”

Organized by Tahaluf, the Informa LLC joint venture with the Events Investment Fund and SAFCSP, and with the support of the Saudi Ministry of Environment, Water and Agriculture, the inaugural InFlavour proved a hive of activity with tens of thousands of visitors being joined by 400 brands, 200 investors, and 200 speakers representing 143 countries across the three days.



China Positions Itself as a Stable Economic Force Amid Global Uncertainty at Beijing Forum

 Apple CEO Tim Cook is seen on a big screen live broadcasting his speech at the opening of the China Development Forum 2026 held at the Diaoyutai State Guesthouse in Beijing on March 22, 2026. (AFP)
Apple CEO Tim Cook is seen on a big screen live broadcasting his speech at the opening of the China Development Forum 2026 held at the Diaoyutai State Guesthouse in Beijing on March 22, 2026. (AFP)
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China Positions Itself as a Stable Economic Force Amid Global Uncertainty at Beijing Forum

 Apple CEO Tim Cook is seen on a big screen live broadcasting his speech at the opening of the China Development Forum 2026 held at the Diaoyutai State Guesthouse in Beijing on March 22, 2026. (AFP)
Apple CEO Tim Cook is seen on a big screen live broadcasting his speech at the opening of the China Development Forum 2026 held at the Diaoyutai State Guesthouse in Beijing on March 22, 2026. (AFP)

Global corporate executives attending China's flagship annual business conference this week were reassured by leaders of the world's second-largest economy that it remains a predictable anchor at a time of geopolitical flux and global uncertainty.

The tone at this year's China Development Forum (CDF), which ended on Monday, was noticeably more confident than in recent years, analysts said, marking a shift from previous post-pandemic forums where officials tended to emphasize support measures and recovery trajectories.

"Compared to previous CDFs, the China messaging was the most confident,” said Han Lin, China Country Director at US-based strategy consultancy, The Asia Group. “While identifying challenges in the international system and without naming the US directly, (Premier Li Qiang’s) opening speech focused on what China was doing right to encourage innovation, trade and other opportunities to collaborate."

The timing of the ‌forum sharpened that ‌message. Nearly a year into a bruising trade war and ahead of a ‌postponed summit ⁠between President Xi ⁠Jinping and US President Donald Trump, Beijing is navigating strained ties with Washington and faces rising trade barriers elsewhere off the back of a record $1.2 trillion trade surplus in 2025.

The US-Israeli war with Iran has caused a surge in energy prices that is rippling across the wider global economy and given Beijing another opportunity to promote itself as a bastion of calm.

REFLECTION OF SHIFTING GEOPOLITICAL LANDSCAPE

Attendance patterns reflected shifting geopolitical boundaries. A higher share of US corporate leaders travelled to Beijing compared with previous years, among them the CEOs of Apple, ⁠McDonald’s, Eli Lilly, Coach parent Tapestry and Mastercard.

Their presence suggested that despite tensions, American multinationals ‌remain keen to keep channels open with Beijing, as the two ‌countries recalibrate trade and investment flows.

Stability, a recurring theme from last year’s CDF, resonated more strongly this year, said Albert ‌Hu, professor of economics at the China Europe International Business School in Shanghai.

“Given all the erratic policies ‌introduced by Donald Trump and the uncertainty his policies have introduced to the world economy, the message of China being a stabilizing force probably finds a more willing audience this year than last year,” Hu said.

Absent, however, were Japanese executives — a stark contrast with last year, when their involvement included a widely publicized meeting between top global CEOs and Xi.

Their non-attendance this year ‌comes amid a diplomatic rift between Beijing and Tokyo, underscoring how China’s promises of renewed openness still operate firmly within geopolitical red lines.

EYES ON POTENTIAL MEETING WITH ⁠XI

A decision on whether ⁠Xi will reprise his recent practice of hosting a roundtable with select CEOs had not been confirmed by the close of the forum.

Han Lin believes the absence of an immediate announcement reflects sequencing rather than reluctance.

“I think Xi has every intention to meet CEOs, but only after a Trump visit,” he said. “Beijing wants trade terms set at the leadership level first, then multinationals get their signal on what comes next.”

Chinese policymakers also used this year's forum to underline priorities that now define its medium-term strategy: technological self-reliance, industrial upgrading and “high-quality development.”

All three pillars are central to the country’s latest five-year plan, released earlier this month and set as the theme of this year’s CDF.


IEA: Australian Energy, Uranium Seen in Demand Post Iran Crisis

International Energy Agency Executive Director Fatih Birol, right, speaks with Australian Prime Minister Anthony Albanese in Canberra, Australia, Monday, March 23, 2026. (Lukas Coch/AAP Image via AP)
International Energy Agency Executive Director Fatih Birol, right, speaks with Australian Prime Minister Anthony Albanese in Canberra, Australia, Monday, March 23, 2026. (Lukas Coch/AAP Image via AP)
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IEA: Australian Energy, Uranium Seen in Demand Post Iran Crisis

International Energy Agency Executive Director Fatih Birol, right, speaks with Australian Prime Minister Anthony Albanese in Canberra, Australia, Monday, March 23, 2026. (Lukas Coch/AAP Image via AP)
International Energy Agency Executive Director Fatih Birol, right, speaks with Australian Prime Minister Anthony Albanese in Canberra, Australia, Monday, March 23, 2026. (Lukas Coch/AAP Image via AP)

Australia is a crucial source of minerals, including for nuclear power, to help stave off a bigger supply shock than the world is currently facing in energy due to the Iran war, the head of the International Energy Agency said on Tuesday.

The world is facing its worst-ever energy shock due to the US-Israeli war on Iran, losing the equivalent of 10 million barrels of oil a day, said Fatih Birol, the IEA's executive director.

"We are going to see that this energy security challenge that we are facing today might well be ⁠a small one ⁠compared to the critical minerals challenges we may face in the future if we don’t take the necessary measures in terms of diversification of critical minerals, especially in refining and processing," he said.

A single country controls more than 80% of the world's refining and critical minerals processing, he said, referring to China.

"It is good that ... the world has an energy supplier that is ⁠reliable and doesn’t use energy as a weapon," he said, referring to Russia. According to Reuters, he spoke at the Minerals Week conference in Canberra.

"The world should be thankful to Australia for producing energy, uranium."

Australia’s uranium reserves are the world’s largest, accounting for about a third of global supplies, according to figures from the Minerals Council of Australia (MCA). Australia is also the world’s fourth-largest uranium producer behind Kazakhstan, Canada and Namibia, the MCA said. Australia banned nuclear power for domestic energy generation more than a quarter of a century ago.

"There will be a policy response to this crisis globally," Birol said, adding ⁠that countries ⁠would turn to nuclear power.

"In this policy response, one of the beneficiaries will be small module reactors coming on to the market," he said, pointing to production from the US, Britain, France and South Korea.

"Nuclear will come back, this will accelerate," he said. "Australia being a major supplier, there will be opportunities." Other opportunities for Australia will come from greater demand for its natural gas, given the damage to Middle Eastern facilities.

"So more LNG from Australia will definitely be imported," he said.

There will also be increasing demand for electric vehicles, he said. Australia has the critical minerals to support EV batteries and demand for its copper will also grow due to electrification.

"We need grids around the world, this means copper," he said.


Australia, EU Agree Sweeping New Trade Pact 8 Years in the Works

24 March 2026, Australia, Canberra: Australian Prime Minister Anthony Albanese and EU Commission President Ursula von der Leyen walk together after an address to Members and Senators during a joint sitting in the House of Representatives at the Parliament House in Canberra. Photo: Lukas Coch/AAP/dpa
24 March 2026, Australia, Canberra: Australian Prime Minister Anthony Albanese and EU Commission President Ursula von der Leyen walk together after an address to Members and Senators during a joint sitting in the House of Representatives at the Parliament House in Canberra. Photo: Lukas Coch/AAP/dpa
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Australia, EU Agree Sweeping New Trade Pact 8 Years in the Works

24 March 2026, Australia, Canberra: Australian Prime Minister Anthony Albanese and EU Commission President Ursula von der Leyen walk together after an address to Members and Senators during a joint sitting in the House of Representatives at the Parliament House in Canberra. Photo: Lukas Coch/AAP/dpa
24 March 2026, Australia, Canberra: Australian Prime Minister Anthony Albanese and EU Commission President Ursula von der Leyen walk together after an address to Members and Senators during a joint sitting in the House of Representatives at the Parliament House in Canberra. Photo: Lukas Coch/AAP/dpa

The European Union and Australia struck a long-awaited free-trade deal on Tuesday, while also agreeing to boost defense cooperation and access to rare earth minerals in the face of global uncertainty over trade.

EU chief Ursula von der Leyen's visit to Australia comes as the 27-nation bloc and the import-reliant nation navigate renewed energy vulnerability sparked by the war in the Middle East.

The accord is the latest agreed by Brussels in a push to diversify trade as Europe faces challenges from the United States and China.

Key sticking points on Australian use of European geographical names as well as how much beef can be exported to the continent were overcome to reach the deal after eight years of negotiations.

Another compromise will see Australian winemakers allowed to use the term "prosecco" domestically, but they must stop using it for exports after 10 years.

Australia will also be allowed to keep using some geographical names, such as feta and gruyere, in cases where producers have used the name for at least five years.

And European car makers will benefit from Australia raising the threshold for a luxury car tax on electric vehicles -- three-quarters will now be exempt.

The two sides also agreed to step up defense cooperation as well as critical raw materials.

Addressing the Australian parliament on Tuesday, von der Leyen described a world that was "brutal, harsh and unforgiving".

In that context, she said the EU and Australia were bound by common values and must work together to mitigate over-reliance on countries like China for critical minerals.

"We cannot be over dependent on any supplier for such crucial ingredients, and that is precisely why we need each other," AFP quoted her as saying.

"Our security is your security, and with our new security and defense partnership, we have each other's back."

She told lawmakers Tuesday's agreement on trade was a "fair deal, and one that delivers for your businesses and one that delivers for our businesses".

Under the deal, the EU said it expected exports to Australia to grow by a third over a decade.

The quota of Australian beef allowed into the bloc will increase more than 10 times the current level over the next decade, although that falls short of what Australian farmers had been seeking.

Australia's National Farmers' Federation said it was "extremely disappointed" by the outcome of the deal.

"What the Australian government has accepted today appears to offer no material change for key agricultural commodities as what the government rightly rejected in October 2023," president Hamish McIntyre said.

EU firms exported 37 billion euros (US$42.9 billion) of goods to Australia last year, and 31 billion euros of services in 2024.

And Australia said the deal could add AU$7.8 billion (US$5.4 billion) to its gross domestic product by 2030.

Australia's largest export market is China and the United States is its largest source of investment.

But Canberra has redoubled efforts to diversify export markets for farmers since a 2020 dispute with Beijing saw agriculture shipments blocked for several years, and last year's global imposition of US tariffs.

Likewise, the European Union is on a drive to strike new partnerships in the face of US levies and Chinese export controls.

Von der Leyen's visit was overshadowed by the war in the Middle East, which has sent oil prices soaring.

The EU chief this month said the conflict had served as a "stark reminder" of Europe's vulnerabilities.

And on Tuesday she called for an immediate end to hostilities in the face of a "critical" situation for energy supply chains globally.

Australia -- which is heavily reliant on fuel from abroad -- has also felt the pressure from the global energy squeeze.