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



Carrefour onboards female-led start-up The Zola Collective

Carrefour, which is owned and operated by Majid Al Futtaim in the 

Continue Reading

January 31, 2023 | By RetailME Bureau
A new branch of Waitrose comes up in Abu Dhabi’s Khalifa City

British grocer Waitrose has opened its newest store in Abu Dhabi’s Khalifa 

Continue Reading

January 25, 2023 | By RetailME Bureau
Its Netherlands Food Week at Al Maya Supermarkets

UAE-based Al Maya Supermarkets has kicked off its ‘Netherlands Food Week’ that 

Continue Reading

January 20, 2023 | By RetailME Bureau
Tesco announces price lock to support consumers amid inflation (PC: Andrew Parsons / Parsons Media)

British grocery retail chain Tesco has announced a price lock on over 

Continue Reading

January 13, 2023 | By RetailME Bureau
Union Coop renews ISO certification

Dubai-based grocery retailer Union Coop has successfully obtained the ISO 22301, an 

Continue Reading

January 12, 2023 | By RetailME Bureau
Spanish supermarket chain Mercadona announces salary increase amid inflation (PC: Mercadona)

Spanish omnichannel supermarket chain Mercadona has announced salary increase amid inflation that 

Continue Reading

January 3, 2023 | By RetailME Bureau
Choithrams partners with Rove Hotels to open 8 new outlets

Grocery retail chain Choithrams will open eight convenience stores across Rove Hotels’ 

Continue Reading

December 30, 2022 | By RetailME Bureau
Géant to open more than 20 stores in the UAE in 2023

Part of regional retail conglomerate GMG, Géant plans to open more than 

Continue Reading

December 23, 2022 | By RetailME Bureau
FMCG online sales growing by 68% in UAE and 58% in KSA

Online share in FMCG sales has been growing all over the world, 

Continue Reading

December 19, 2022 | By RetailME Bureau
Majid Al Futtaim Retail, Standard Chartered launch region’s first Sustainable Supply Chain Finance Programme

Majid Al Futtaim Retail, operator of the Carrefour franchise in the Middle 

Continue Reading

December 15, 2022 | By RetailME Bureau
GMG and Silal partner to support 1,100 UAE farms access local retail market

UAE-based diversified conglomerate GMG and Silal have signed a memorandum of understanding 

Continue Reading

December 12, 2022 | By RetailME Bureau
Lulu Group partners with Amazon expanding grocery offerings to online customers in the UAE

Abu Dhabi based grocery retail chain Lulu Group has partnered with Amazon 

Continue Reading

November 24, 2022 | By RetailME Bureau

Download Images RetailME Magazine