Food Tech Valley partners with Tradeling to boost UAE’s food ecosystem

November 17, 2022 | By RetailME Bureau

UAE-government-led initiative Food Tech Valley – announced in 2021 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai that aims to triple the UAE’s food production and position the nation as a global destination for the industry – has partnered with Tradeling, MENA’s e-marketplace focusing on B2B transactions. The aim is to bolster UAE’s food ecosystem.

The agreement was signed at wasl Experience Centre by Ahmed AlShaibani, Project Lead at Food Tech Valley, and Marius Ciavola, Chief Executive Officer at Tradeling, in the presence of senior officials from both entities.

Several key objectives were agreed upon to ensure that Food Tech Valley realises its potential of being a commercial hub for industry experts in the food ecosystem. Tradeling’s platform will grant business users access to food and agricultural technology products via easy payment solutions, logistics, warehousing solutions and marketing and customer acquisition benefits. Food Tech Valley will establish a B2B marketplace powered by Tradeling to help support, connect and match buyers from across industries, including hospitality, which is host to F&B sellers who source local and international quality products and raw ingredients.

This collaboration will enable a digitalised trade experience that will support food producers by helping expand their businesses in the UAE. Tradeling will support local producers by accelerating their growth through the platform. Credit finance solutions will also be offered to select eligible companies, comprising flexible payment options for SMEs and start-ups.

A spokesperson from Food Tech Valley said, “It gives us immense pleasure to enter into this strategic partnership with Tradeling to augment our proposition and consolidate our commitment to help develop and transform the UAE into a global hub for clean, tech-based food and agricultural solutions. As a result of this collaboration, we will enable local food producers to trade through a newly added section on Food Tech Valley’s website, FTV B2B Market, covering the value chain and target segment towards yielding substantial growth and results. Our combined efforts will eventually help empower the UAE’s food security plans, and we look forward to working closely with Tradeling to pioneer sustainable food production towards reimagining how the world produces and consumes food.”

“The UAE has been successfully diversifying away from its economy, and Food Tech Valley is yet another initiative that fits into the country’s plan of fostering a more sustainable future. Tradeling is thrilled to be a part of this journey, and we look forward to facilitating business opportunities for B2B buyers and sellers that contribute to the betterment of the country. More than 200 million consumers have shifted to online shopping since 2020, and through this partnership, we believe that we can collectively revolutionise the ecosystems of both e-commerce and AgriTech,” Ciavola added.

UAE food trade exceeds AED100 billion every year, and the agritech market is expected to grow from $13.5 billion to $22 billion over the next four years. The primary objectives include bolstering the UAE’s food security, helping the country achieve self-sufficiency and further developing vertical farming and other advanced agriculture technologies, among other goals.

The MoU between Tradeling and Food Tech Valley has been formed to help expedite this process and boost both organisations’ offerings. As this strategic partnership progresses Tradeling will contribute to strengthening Food Tech Valley’s market position while simultaneously becoming the preferred online channel for its technology providers.



Previous Article Next Article



GMG launches four state-of-the-art food manufacturing factories

UAE-based diversified family business GMG has launched four state-of-the-art manufacturing facilities in 

Continue Reading

March 22, 2023 | By RetailME Bureau
Are grocery retailers Ramadan ready?

The growth opportunity for food and grocery retailers during the Holy Month 

Continue Reading

March 22, 2023 | By Rupkatha B
GMG retail stores enable customers to embrace the spirit of Ramadan

From value, variety and convenience to philanthropy GMG retail stores, including 16 

Continue Reading

March 20, 2023 | By RetailME Bureau
Maggi to launch its first-ever NFTs

MAGGI from the house of the Nestlé is all set to launch 

Continue Reading

March 15, 2023 | By RetailME Bureau
Saudi consumers to increase spending on grocery and household items

What does 2023 look like for consumers in Saudi Arabia? A Nielsen 

Continue Reading

March 7, 2023 | By RetailME Bureau
Union Coop announces mega discounts on 10,000 products ahead of Ramadan

Dubai-based food & grocery retailer Union Coop has launched its discount campaign 

Continue Reading

March 6, 2023 | By RetailME Bureau
This brand’s mission to make every day ‘fruitful’

Around eight years ago in 2015 a brand called Fruitful Day was 

Continue Reading

March 2, 2023 | By Rupkatha B
How Jumia is empowering a new generation in Africa

Technology has the potential to transform everyday life in Africa for the 

Continue Reading

March 1, 2023 | By Rupkatha B
As inflation bites…grocery retail

Looking at the regional food retail landscape, one can’t ignore the fundamental 

Continue Reading

February 28, 2023 | By Rupkatha B
V. Nandakumar, Director – Marketing & Communications, Lulu Group International

In the early 1970s when large-scale oil exploration activities started, the UAE 

Continue Reading

February 17, 2023 | By Rupkatha B
Waitrose unveils revamped Dubai Mall store sporting new features

Waitrose & Partners UAE has renovated its 45,770 sqft Dubai Mall store 

Continue Reading

February 16, 2023 | By RetailME Bureau
MENA online grocery market to touch $25 billion by 2030

The MENA online grocery market stood at $4.5 billion in 2022 and 

Continue Reading

February 15, 2023 | By Rupkatha B

Download Images RetailME Magazine