Nestle eyes 10 percent sales growth in Middle East


(MENAFN) Nestl', the Swiss multinational food and Beverage Company headquartered in Vevey, forecasts 10 percent growth in its Mideast business this year, Gulf News reported.

The largest food company in the world measured by revenues, and ranked number 72 on the Fortune Global 500 in 2014 said that it wants the USD2.4 billion sales of last year to increase despite turmoil in Yemen, Syria and Iraq.

'We are extending the distribution of Nescaf' Arabiana from Saudi Arabia to Kuwait and the United Arab Emirates this year. We are also extending the distribution of Nescaf' Dolce Gusto'' Chairman and chief executive of Nestle Middle East said


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