Page 10 - LOGIC CONSULTING PR REPORT AUGUST 2024

Press Release

LOGIC Consulting’s ‘UAE’s Food Security Leap’ report

highlights UAE’s progress in attaining global leadership in food
security

August 21, 2024: LOGIC Consulting, a prominent management consulting firm in the
MENA region, conducted a study titled ‘UAE’s Food Security Leap’, which reveals that the

UAE’s economy has progressed substantially, aligning with the ‘We the UAE 2031’ vision,
further signifying the country’s efforts towards ensuring its position as a global partner and

an exceptional economic hub. The study reveals the country’s achievement of the goals

outlined in the ambitious vision, especially in the realm of food security, are reflected in
various global indices.

The study emphasized the role of family business in food security, as illustrated by Seif
Rabie, LOGIC UAE Managing Partner; “family businesses is a key enabler to attaining food

development goals and the UAE’s family businesses are well-positioned by 21 of the Middle

East’s most powerful family businesses, including Al Futtaim, Al Ghurair and Al Majid, to
drive growth in this sector”.

The study further highlights the significant challenges in positioning the UAE among the top
10 countries in GFSI. These challenges include land desertification, shrinking freshwater

resources, climate change and dependence on imported food supply, which constitutes around
85% to 90% of the supply.

To address these challenges, the country launched the ‘National Food Security Strategy 2051’

in 2018, an initiative that seeks to ensure a ranking within top 10 in GFSI and secure a
leading global position by 2051.

Overall, the UAE has demonstrated a strong commitment to the National Food Security
Strategy 2051, as it currently accounts for over 18% of the Middle East region’s food trade

and contributes over 26% of the region’s food exports.

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