Dubai: The Global Gateway to Halal Food

Page 1

DUBAI: THE GLOBAL GATEWAY TO HALAL FOOD

A GULF NEWS SPONSORED SUPPLEMENT

MONDAY, MAY 20, 2019

Dubai central to global halal food industry Standardisation and quality control play their parts in the evolving halal industry in Dubai and the UAE he State of the Global Islamic Economy Report 2017/18 by Thomson Reuters confirms the halal food sector to be the most diverse in the Islamic economy, expected to be valued at $1.93 trillion by the year 2022. And the UAE halal food industry, worth Dh69 billion in 2017, makes a strong case for Dubai and the country being central to the industry’s fortunes in the long term. Published by the Dubai Islamic Economy Development Centre in collaboration with Thomson Reuters, the report found halal food to be not only the largest but also the most diverse sector of the Islamic economy. Quite a few factors were cited for the growth of the sector, of which the most important were new market entrants, the more established players who were also making inroads abroad through franchising deals, as well as the

T

Shutterstock

multinationals making major investments in Muslim-majority markets by anticipating demand. Product offerings have also expanded beyond the traditional focus on meat to include candy, ready-to-eat meals, snacks and children’s foods. GROWTH WITHIN THE SECTOR The UAE establishing itself as global market leader in the halal industry was a given considering halal food is more the norm. Plans are currently underway to strengthen the UAE’s position as a global leader in the business of halal foods. Abdulla Abdul Qader Al Maeeni, Director General of Emirates Authority for Standardisation and Meteorology (Esma), is confident about the UAE’s ambitions in see overleaf


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.