One of the fastest growing segments of the worldwide food industry, currently worth $1.1 trillion globally, is the international Halal food market. The global Halal market is predicted to reach $10 trillion by 2030, according to the Global Futures and Foresights Study.
With GCC Halal food imports projected to rise from $25.8 billion in 2010 to $53.1 billion by 2020 – as forecasted by Economist Intelligence Unit – the UAE is progressing a series of initiatives designed to propel its position at the forefront of the global Halal food industry.
Anticipation runs high as the Emirates Authority for Standardisation and Metrology (ESMA) and Dubai Municipality work to establish unified Halal standards that will, in the future, be introduced to all Islamic countries. In addition, government officials announced in 2014 that Dubai has dedicated 72.1 million sqft of land in Dubai Industrial City for a dedicated ‘Halal Cluster’ reserved for manufacturing and logistics companies dealing in Halal products.
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/ For decades, Haldiram’s built deep recall across the UAE through its packaged
When House of Habanero opened its first physical location at Alserkal Avenue
Union Coop has completed a significant expansion of its Hatta Souq branch,
Saudi Arabia is set to welcome U.S. food exporters this week, as
Majid Al Futtaim has officially entered the discount retail segment with the
As convenience increasingly becomes currency in the region’s grocery landscape, Union Coop
As wellness becomes a lifestyle in the UAE, the grocery aisle is
Grandiose, one of the leading grocery retailers in the UAE with a
With shifting consumer behaviour, rising cost pressures, regulatory changes, and rapid digitization,
Union Coop’s blend of retail expansion, digital innovation, and community focus is
Abu Dhabi-based MAIR Group has marked a pivotal stage in its transformation
In a move that blurs the line between shopping and investing, Apparel
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