Page 554 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

2/26/25, 4:53 PM H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy delivers keynote address at Gulfood

Commenting on the parallels between the F&B industry’s influence on the UAE, regional and global
economies, His Excellency credited strategic government and industry alliances for their unwavering

commitment securing Gulfood’s position as the largest arena of global food trade and innovation
globally.

‘For three decades Gulfood has been at the forefront of shaping global food trends, fostering
partnerships and driving innovation which has not only strengthened the UAE’s positioning as a global

food hub but also played a big role as a strategic platform for industry leaders, policymakers, and
innovators to address the most pressing issues that the industry and the world around it faces.

Food security, innovation and resilience in the global digital economy are critical issues. These are not
just priorities for the UAE but the entire world as we navigate rapidly in the evolving food basket. The
food sector is a cornerstone of the UAE’s economic growth and our diversification efforts. We import

95% of our food and as the food sector is a lead contributor to our GDP, the sector in its expansion has
attracted global and regional investments in food production, processing and technology.’

Dubai Chamber of Commerce Briefing

Members and industry contacts explored how international businesses can utilise avenues such as

Gulfood towards driving innovation and economic progress. The Chambers also touched upon its
strategic vision and tailored services and initiatives. Salem Al Shamsi, Vice President of International
Relations Sector at Dubai Chambers opened the morning briefing, and shared critical insights with
exhibitors and key decision-makers in the room.

‘Between 2020 and 2024, Dubai’s F&B sector attracted USD 370 million in greenfield investments.

These investments further cement Dubai’s reputation as a prime destination for businesses and
investors in the food industry. The UAE remains to be the top-ranked country in the GCC on the UN's
Global Food Security Index, highlighting our nation's commitment to resilience and innovation. The UAE
is also the leading destination in the MENA region for venture capital investments in restaurant tech with

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