Page 54 - MOET ENGLISH PR REPORT - JULY 2025

Press Release

H.E. Bin Touq added: “The UAE is moving toward an economic cluster model across key sectors,
in line with its future economic vision. At the forefront of this strategy is the food economic cluster,
which integrates agricultural production, food industries, and cutting-edge agri-tech into a cohesive
and collaborative system. This synergy enhances competitiveness and empowers private sector
enterprises operating within the food sector and its related industries.”

H.E. Dr. Iman Ahmed Al-Salami, UAE Ambassador to Tunisia, underscored the strength of
bilateral ties and the pivotal role of the food industry in advancing the UAE’s food security strategy
and agri-tech vision. She highlighted UAE companies as regional pioneers in this sector,
emphasizing the forum’s importance in fostering UAE-Tunisian partnerships with key economic
stakeholders in attendance. Her Excellency also pointed out the promising opportunities in
manufacturing and biological products, which could further elevate economic cooperation between
the two countries.

The UAE’s food sector has experienced significant growth, with its contribution to non-oil GDP
projected to rise to 11 percent in 2024, up from 10 per cent in 2023. This expansion is fueled by
advancements in food manufacturing, agri-tech investments, and strengthened local production.
Forecasts suggest the broader food system, encompassing production, processing, distribution,
retail, hospitality, and logistics, will generate USD 38.3 to USD 40 billion in 2024. Additionally,
the food and beverage manufacturing sector is poised to sustain this growth, with a projected 5.1
per cent CAGR through 2028.

UAE and Tunisian firms highlight food sector investment prospects

The forum featured dedicated sessions and B2B meetings where companies from both markets
showcased opportunities in smart agriculture, food processing, packaging technologies, and food
logistics. Participants explored avenues to strengthen cooperation in agricultural research and food
innovation, while also examining investment potential in emerging technologies like alternative
proteins, vertical farming, and smart supply chain solutions.

At the forum, participants explored future collaboration avenues and knowledge-sharing between
public and private sector representatives, aiming to strengthen food security systems and boost
joint investments in this critical sector.

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