IFFCO Group is a privately held fast-moving consumer goods (FMCG) company based in the United Arab Emirates. The company has presence across multiple business lines, including agri-commodities, oils and fats, impulse foods, culinary, personal and home care, packaging solutions, sales and distribution, logistics, and foodservice. IFFCO has developed global leading FMCG brands such as London Dairy, Tiffany, Noor, Rahma, Al Baker, Hayat and Savannah, with 95 operations in 50 countries and 80 brands available over 100 markets.
The company employs over 10,000 individuals across 10 locations and generates $3.3 billion in revenue. In July 2006, IFFCO opened a US$275 million food production complex in Dubai Industrial City, and in March 2023, THRYVE, the Middle East's first 100% plant-based meat factory, opened in Dubai Industrial City.
Recent Leadership & Liquidity News
On May 3, 2026, it was announced the company entered provisional liquidation with a debt of $2 billion owed to creditors including HSBC. In late 2025 and early 2026, IFFCO embarked on a transition from a traditional family-led model to an institutional corporate structure, including the appointment of restructuring veteran Abdul Wahab Al-Halabi as Executive Chairman.
Facts compiled by Executive Moves from publicly available news and press releases on 10 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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