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10/14/24, 9:51 AM H.E. Abdullah Bin Touq Al Marri Opens Future Food Forum 2024 | UAE News 24/7
stakeholders, including universities, scientists, research institutions
and ministries, to ensure food security in the future. As an import-
heavy country, we know that there are a number of things that we,
as a key sector, can do to enhance food security and supply chain,
increase export, protect our market and practical policies. These
topics should be openly discussed between the stakeholders.”

The meeting also reviewed key trends and highlighted the F&B
sector’s strong performance and future potential. In the previous
year, the UAE saw a total volume of food imports amounting to
US$23 billion, while food exports reached US$6.6 billion. During
the first half of the year, the sector experienced a 20% growth in
total trade. Food imports increased by 23%, and exports saw a
19% rise, showcasing the UAE’s commitment to bolstering its food
security and expanding its role in the global food trade industry.

UAE Foodverse Launches: A Virtual Ecosystem for Data and
Partnerships

One of the key announcements as F&B Group Chairman Saleh
Abdullah Lootah opened the event was the launch of the UAE
Foodverse by the F&B Group. This innovative virtual platform aims
to transform the nation’s food ecosystem by offering real-time data,
fostering collaborations, and creating partnerships within the
industry. The Foodverse will bridge the gap between industry
stakeholders, enabling seamless information sharing and more
strategic decision-making in the food sector.

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“UAE Foodverse is a revolutionary metaverse platform designed to
connect the global F&B industry virtually. As part of the UAE’s
Food Cluster Strategy, the Foodverse will foster collaboration,
innovation, and trade within a virtual environment,” said Saleh
Lootah. Some of the key features of the platform include
educational modules to understand food security regulations and
supply chain management, VR-based interactive workshops for
training and product demonstrations, gamified experiences

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