Dubai Department of Economy and Tourism’s Post

Mainly, Beyond Dubai’s strong maritime and aviation logistics, and its well-established but limited industries like beach tourism and real estate as a safe investment, the city is exploring new avenues. Dubai is keen on developing sectors related to frequent, albeit temporary, visits for modern “Bazaars/Fairs,” or “Logistics Hubs,” as noted in the Foodstuff article. There is also ambition for the largest used car market. Especially, I would like to suggest to Dubai’s leaders that there’s another high-potential industry: the exhibition sector. While Dubai hosts around 100 exhibitions annually, with Gitex attracting up to 180,000 visitors, there’s room for more. By stimulating more large-scale business trade shows, potentially up to 200-300 annually, we can attract numerous long-stay business tourists. This shift could transform Dubai into a global networking hub for various industries, far beyond its current reach

Sheikh Maktoum bin Mohammed witnessed the signing of an agreement between Dubai Municipality and DP World to develop the world’s largest logistics Hub for Foodstuffs, Fruit and vegetable Trade, linking it to global markets, and doubling the current size of the fruit and vegetable market under the management of DP World. Sheikh Maktoum stated: “Under the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum and the supervision of His Highness Sheikh Hamdan bin Mohammed Al Maktoum, we strive to provide advanced infrastructure and facilities with the latest specifications and best standards, create greater commercial and investment opportunities for investors, support the UAE’s food security strategy, and make Dubai a destination for markets, export, and re-export operations for the region and the world in various sectors.” Read more: https://lnkd.in/dfywBvdY #UAE #Dubai #Economy #GlobalMarket #Trade #Logistics

Exciting developments in Dubai! Dubai Municipality and DP World are teaming up to double the size of the emirate’s fruit and vegetable market, creating the world’s largest logistics hub for foodstuffs, fruit, and vegetable trade. Announced by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, this mega project aims to position Dubai as a global destination for market, export, and re-export operations across various sectors. This expansion promises to provide advanced infrastructure and facilities, adhering to the latest specifications and best standards. It will also create significant commercial and investment opportunities, supporting the UAE’s food security strategy. The project will be managed by DP World and will introduce a unified trade window, streamlining all procedures and enhancing the customer journey. As we at Evergreen Businessmen Services continue to support businesses in setting up and thriving, these new opportunities in Dubai’s logistics and trade sectors present exciting possibilities for growth and innovation. Let’s connect and explore how your business can benefit from this dynamic expansion! #Dubai #Logistics #Investment #BusinessGrowth #FoodSecurity #EvergreenBusinessmenServices

Exciting developments in Dubai! Dubai Municipality and DP World are teaming up to double the size of the emirate’s fruit and vegetable market, creating the world’s largest logistics hub for foodstuffs, fruit, and vegetable trade. Announced by Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, this mega project aims to position Dubai as a global destination for market, export, and re-export operations across various sectors. This expansion promises to provide advanced infrastructure and facilities, adhering to the latest specifications and best standards. It will also create significant commercial and investment opportunities, supporting the UAE’s food security strategy. The project will be managed by DP World and will introduce a unified trade window, streamlining all procedures and enhancing the customer journey. As we at Evergreen Businessmen Services continue to support businesses in setting up and thriving, these new opportunities in Dubai’s logistics and trade sectors present exciting possibilities for growth and innovation. Let’s connect and explore how your business can benefit from this dynamic expansion! #Dubai #Logistics #Investment #BusinessGrowth #FoodSecurity #EvergreenBusinessmenServices

#news #dubai #uae Dubai's ambitious food trade hub: a strategic play for global growth Dubai is doubling down on its food trade ambitions with the launch of the "world's largest" logistics centre, a strategic move designed to solidify its position as a global leader in the sector. This expansion, driven by the Dubai Economic Agenda D33, aligns with the emirate's broader economic diversification strategy and its goal to become one of the top three global economic hubs by 2033. The new centre will enhance Dubai's already robust food trade ecosystem, boosting local and export markets while attracting further foreign investment. This project highlights the strategic importance of food trade to Dubai's economic future and reinforces its commitment to attracting global businesses and talent. The initiative further underscores Dubai's ambitious vision of becoming a global leader in trade, logistics, and economic innovation. Source: https://lnkd.in/dQmSXXru

The world’s largest food trade logistics centre in Dubai: Economic impact and expectations #Dubai is set to establish the world’s largest food trade logistics centre, doubling the size of its fruit and vegetable market. Developed by DP World and Dubai Municipality, this project marks a significant milestone in Dubai's economic diversification. 🌍 With its strategic location and advanced infrastructure, Dubai continues to expand its economy, focusing on non-oil sectors. The new logistics centre will strengthen Dubai's already robust logistics infrastructure, boosting local and international market growth. 📈 As part of the Dubai Economic Agenda D33, this initiative aims to double the overall economy by 2033, raise foreign trade, and expand Dubai’s global reach. The project will create new investment opportunities, generate revenue, and provide jobs, aligning with the UAE's Year of Sustainability initiative. 🌱 By enhancing the food trade market, Dubai is positioning itself as a global hub for sustainable economic growth, attracting businesses and investors worldwide. #Dubai #EconomicDiversification #FoodTrade #Logistics #Sustainability #InvestmentOpportunities #UAE #MiddleEast #GCC

Dubai is about to take the food trade game to a whole new level. Our city of dreams is setting up THE world’s largest logistics center for food trade, and let me tell you, this is not just another day at the market. Here’s the scoop: Dubai Municipality and DP World are joining forces to double the size of our fruit and vegetable market. Yep, you heard it right. Double the size, double the fun, and double the business opportunities! This project is set to revolutionize how we do business. From cutting-edge logistics to sustainable development, Dubai is laying down the blueprint for the future. It’s a win-win for everyone—investors, businesses, and of course, us locals. So, here’s to Dubai leading the charge in global food trade! 🚛🌎 Let's keep breaking records and setting trends. Cheers to a future of growth, innovation, and endless possibilities. Read More ➡ https://lnkd.in/gPGY2cPq

Our CEO, Marcos Mera Escala, and Suresh Vaidhyanathan, CEO of GA Global Holdings Limited (a member of Ghassan Aboud Group) acting in the interest of the Abu Dhabi Food Hub - KEZAD, signed a Memorandum of Understanding (MOU) in Ghassan Aboud Group 's headquarters in Dubai on December 5, 2023. The Abu Dhabi Food Hub will be a one-stop-shop, wholesale trading and logistics hub for food. It is an ambitious venture to enhance diversity and modernize food trade in the UAE and the region. The objective of the MOU is to express the willingness and intent to formally cooperate to explore potential opportunities for our company to enter the UAE market through the Abu Dhabi Food Hub and access the domestic and regional/global reexport markets. This MOU is aligned with our mission to connect native communities and food producers from Peru and Latin America with the Middle East and North Africa market with high-quality food and superfoods. This is one more step in our commitment to offer quality and trust to maintain a long-term relationship with our customers, suppliers & business partners. #superfood #superfoods #logistics #fooddistribution #uae #abudhabi #peruvianfood #entrepreneurship

Dubai to Develop World's Largest Logistics Hub for Food Trade Shipping Arabia, July 12, 2024 — In a landmark initiative to bolster the UAE’s food trade infrastructure, Sheikh Maktoum bin Mohammed witnessed the signing of an agreement between Dubai Municipality and DP World to develop the world's largest logistics area dedicated to food trade, vegetables, and fruits. The agreement, aimed at connecting the new logistics hub with global markets, will double the size of the current vegetable and fruit market managed by DP World. This strategic development is set to enhance Dubai's position as a key player in global trade and food security. Sheikh Maktoum emphasized that the initiative, guided by the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum and the oversight of His Highness Sheikh Hamdan bin Mohammed Al Maktoum, aims to provide advanced infrastructure and facilities built to the latest specifications and best standards. This project will create greater commercial and investment opportunities for investors, support the UAE’s food security strategy, and establish Dubai as a premier destination for markets and re-export operations across various sectors. In line with these developments, last March saw the launch of the "Dubai Farms" program by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Chairman of the Executive Council, and Chairman of the Higher Committee for Development and Citizens Affairs. This program, part of the Dubai Social Agenda 33, is designed to support local farmers with productive agricultural projects, providing a comprehensive package of services and facilities. The "Dubai Farms" program aligns with the goals of the Dubai Social Agenda 33, initiated by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai. The agenda aims to elevate the city’s living standards and services, empower Dubai's citizens, enhance their productivity and economic contribution, and achieve their self-sufficiency and financial independence, ensuring family and social stability. Source: Middle East Economy #DPWorld #UAE #Maritime #Logistics #Dubai

Food and the culinary art surrounding it have a deep connection that binds people globally. Food has been a tool of cultural exchange since ancient times.   This is what moves global food trade; allows countries to access a diverse range of food products that may not be locally available, promotes #economicgrowth and development by creating employment opportunities, generating revenue, and stimulating agricultural production.   In 2022, the global food import bill exceeded US$1.95 trillion, clocking a double-digit increase each year highlighting the growing global demand.   The UAE, today, is considered one of the most important hubs of global #foodlogistics . The UAE traded food products worth US$35.7 billion in 2022, a staggering 24% higher against 2021, contributing to over 5.7% to the UAEs GDP.   The opportunities in the sector are immense for both local and global players as UAE aspires to increase the food trade value by US$10 bn and add 20,000 jobs in the sector in the next 5 years!   The thriving trade hub, UAE, is an attractive location for global producers, traders and entrepreneurs looking to establish a new base.   ·       Strategically located between east & the west, acts as a connecting hub. ·       State of the art logistics infrastructure and multimodal network connectivity. ·       The diverse consumer base is represented by over 200 nationalities offering a perfect platform to promote international foods and cuisine. ·       As a tourism hub, the country and the region offer access to a large and fast growing #horeca / Food services market. ·       UAEs commitment to advancing food security and the directions set to achieve it offers opportunities for investment and partnerships in food production, technology and innovation, #sustainability , skill development and many more areas.   Data sources: FAO, UAE Ministry of economy Ghassan Aboud Group AD Ports Group #foodindustry #marketgrowth #Foodhub #uae #opportunities