Sunday, February 24, 2013

Dubai Exports to display growing strength of local foods sector


Dubai Exports is leading a showcase of the UAE food and beverages sector at Gulfood 2013, the world’s largest annual food trade show being held at the Dubai World Trade Centre, 25-28 February 2013.

Dubai has over 2, 000 companies involved in the trade and manufacture of food and beverage products. The food manufacturing sector especially has grown considerably in recent years and now accounts for 14 per cent of the manufacturing sector in Dubai according to a special report on the food and beverage sector produced by Dubai Exports.

"Food processing has grown to become one among the leading as well as most diversified industries in Dubai today. The annual output of the sector is valued at around four billion dirhams with almost 70 per cent of it being exported to the Middle East and North Africa,” commented Engineer Saed Al Awadi, Chief Executive Officer of Dubai Exports.

The foods sector was among the top three promoted by Dubai Exports in 2012 and accounted for 11 per cent of the total exports facilitated by Dubai Exports in the same year. Overall, AED 605 million worth of foods transactions were concluded through Dubai Exports last year.


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