Majid Al Futtaim’s Post

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

Dubai is set to establish the world's largest food trading logistics center, as His Highness Sheikh Mohammed bin Rashid, Ruler of Dubai, announced the creation of the Logistics Hub for Foodstuffs, Fruit, and Vegetable Trade. The agreement was signed between Dubai Municipality and DP World to double the current size of the fruit and vegetable market, which DP World will develop and manage, connecting it to international markets. This initiative supports Dubai's strategic goals to boost investment and economic opportunities, aligning with the Dubai Economic Agenda D33. Read more here: https://lnkd.in/dRATgKC2 #Dubai #EconomicGrowth #GlobalMarkets 

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

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

Why Dubai's Food Security Initiatives Are Good News for Exporters Dubai has long been a hub for global trade, but recent strides in its food security initiatives are creating new opportunities for exporters. With a focus on sustainability and self-sufficiency, Dubai aims to secure its food supply through advanced technologies, strategic partnerships, and infrastructure development. For exporters, this is a golden opportunity. Dubai's commitment to food security means a growing demand for high-quality, reliable sources of fresh produce. The government’s initiatives to streamline import processes, improve logistics, and enhance storage facilities are designed to make Dubai an even more attractive destination for agricultural exports. Moreover, Dubai’s strategic location as a gateway to the GCC and beyond allows exporters to tap into a broader market. With Dubai investing heavily in its agritech sector, there’s a push for innovation that can elevate the standards of exported goods, ensuring they meet the highest quality benchmarks. In essence, Dubai's food security initiatives are not just about meeting local needs—they are about creating a robust, dynamic market where exporters can thrive. By aligning with these initiatives, exporters can position themselves as key players in Dubai’s vision for a secure and sustainable food future. #DubaiExports #FoodSecurity #GlobalTrade #Agriculture #Sustainability #ExportOpportunities #DubaiMarket #Agritech #FoodIndustry #Logistics #FreshProduce #BusinessGrowth

Mohammed bin Rashid announces world’s largest logistics hub to boost trade in #foodstuffs, #fruits and #vegetables His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, announced the development of the Logistics Hub for Foodstuffs, Fruit and Vegetable Trade, the largest such facility in the world, serving the world’s largest market for foodstuffs, fruits and vegetables. This initiative aligns with the emirate's strategies to enhance investment and economic opportunities, thus contributing to the goals of the Dubai Economic Agenda D33, which aims to double the size of Dubai's economy and transform it into one of the top three economic cities globally by 2033. The project also aims to improve quality of life for Dubai's residents and enhance the city's overall attractiveness and livability. Sheikh Mohammed bin Rashid said, “Today, we have launched our plan to develop the largest logistics hub in the world for the trade of foodstuffs, fruits and vegetables. This expansion and doubling of the current market area will support our economic agenda and create larger commercial and investment opportunities. We have entrusted DP World with the management, operation, and development of the market, linking it with markets globally.”.... https://bit.ly/3Ll9AL6 DP World Dubai Municipality #Dubai #Infrastructure #Logistics #UAE #GCC #MiddleEast Via WAM

We're thrilled to announce that our Ramadan programme has been recognised with a certificate from the UAE Food Bank! This achievement however wouldn't have been possible without the invaluable support of our key partners and sponsors (Dentons Middle East Linklaters Visa Clyde & Co GMG ENGIE Solutions Middle East Emirates Global Aluminium (EGA) Abdulla Al Ghurair Foundation Richemont Khazna Data Centers Alshaya Group HeroGo Reloop Emirates International School Ivy Secret Garden and Moriesh by K). This recognition underscores the powerful impact we can create when we unite as a community to combat food waste. By bringing together the public sector, private sector, and the broader community, we've demonstrated that collective action yields significant results. But our fight against food waste doesn't end with Ramadan. It's a year-round commitment: We continue to organize meal packing activities throughout the year. These serve as meaningful corporate team-building events. Our focus is raising awareness about the far-reaching implications of food waste and providing practical, everyday solutions to reduce food waste. Contact ask@goumbook.com to join us in reducing food waste. #Goumbook #changingmindsets #EatItorSaveIt #CorporateSocialResponsibility #Sustainability #ClimateAction #CircularEconomy #FoodWaste

💡 Imagine's weekly wrap-up of the FMCG industry headlines. Are you looking to stay up to date with the FMCG industry? Look no further! We’ve rounded up the week’s biggest headlines so you can be informed of all the latest news and updates. 📣 See our latest insights > https://lnkd.in/dMx7HnPV A group of environmental champions to showcase green projects in the UAE > The National News https://bit.ly/3PBR9nN The first batch of cows arrive in Sharjah to boost organic milk production > Khaleej Times https://lnkd.in/dmWfFJSi Consumers want a wider range of healthy beverages > Food Business Gulf https://bit.ly/3PtOlck 2024: Another challenging year for retail> Retail Insight Network https://lnkd.in/dmfH9ar4 #fmcg #imaginefmcg #imagine #industrynews #news #insights #innovation #consumers #gcc #sustainability #uae #dubai #environment #organic #sharjah #beverages #healthy #retail #gulfood

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