Ad

UAE Unveils $10 Billion Food Sector Strategy and Launches Virtual ‘Foodverse’ for Industry Collaboration

UAE Unveils $10 Billion Food Sector Strategy and Launches Virtual ‘Foodverse’ for Industry Collaboration
Ad

The sixth edition of the Future Food Forum 2024 opened today, led by UAE Minister of Economy, Abdullah bin Touq Al Marri, highlighting the nation’s commitment to food security and sustainability.

Organized by the UAE Food & Beverage Business Group (F&B Group), the event is hosted at Le Meridien Airport Hotel, Dubai, under the patronage of the UAE Ministry of Economy, in collaboration with FoodTech Valley and the Dubai Chamber.

Al Marri underscored the significance of the UAE’s Food Cluster Strategy, introduced at last year’s forum, to foster public-private partnerships in the sector. With 300 participants and over 20 actionable initiatives in development, the strategy aims to boost the UAE's food sector contribution to GDP by $10 billion and create 20,000 jobs by 2030.

The event also saw the launch of the UAE Foodverse, a virtual platform aimed at enhancing collaboration within the food ecosystem.

“The Foodverse will connect industry stakeholders and provide real-time data for more strategic decision-making,”

said F&B Group Chairman, Saleh Abdullah Lootah.

Key discussions focused on innovation in food production, the role of SMEs in the UAE’s F&B sector, and strategies to address climate change challenges. The event highlights the UAE’s progress toward reducing food imports and strengthening domestic production, ensuring food security for future generations.

News Source: Emirates News Agency

Ad
Ad
Shahba Mayyeri

Written by Shahba Mayyeri

Shahba is a Content Creator at HiDubai with 3 years of experience in crafting compelling stories and articles. She holds a Master’s degree in Media and Communications from MAHE Dubai.
Ad
Dark Light