More Than 6,000 New F&B Companies Joined Dubai Chamber Of Commerce During 2023 Representing Annual Growth Of 19.4%
Date
2/21/2024 3:18:40 PM
(MENAFN- Mid-East) Mohammad Ali Rashed Lootah:“We believe in the power of public-private
sector partnership to achieve the goals of the Dubai Economic Agenda (D33) and
the National Food Security Strategy 2051.”
The chamber launched eight new Business Groups in 2023 to advance the
interests of F & B companies and enhance the private sector's contribution to
policymaking and legislation to stimulate the growth of the industry.
Dubai, UAE – His Excellency Mohammad Ali Rashed Lootah, President and CEO of
Dubai Chambers, has revealed that 6,478 new Food and Beverage (F & B) companies
joined Dubai Chamber of Commerce in 2023, representing year-over-year growth of
19.4%.
The total number of F & B companies registered with Dubai Chamber of Commerce –
one of the three chambers operating under the umbrella of Dubai Chambers – stood
at 22,585 at the end of 2023, an increase of 22.7% compared to 2022.
His Excellency underlined the pivotal role of sector-specific Business Groups in
enhancing the F & B industry's competitiveness. The chamber has launched 11
Business Groups dedicated to the industry, eight of which were established in 2023,
to advance the interests of F & B companies, enhance the private sector's contribution to policymaking and legislation, and stimulate the growth of the industry.
His Excellency added:“We believe in the power of public-private sector partnerships
to achieve the goals of the Dubai Economic Agenda (D33) and the National Food
Security Strategy 2051. Our Business Groups play a key role in working and
collaborating with various F & B segments to ensure we maintain the competitiveness
of private sector companies within this vital industry.”
The F & B Business Groups currently operating under the umbrella of Dubai Chamber
of Commerce include the UAE Food & Beverage Manufacturers Group, Fruit and
Vegetable Traders Business Group, UAE Restaurants Group, Bottled Water
Business Group, Agribusiness Business Group, Chocolate and Confectionery
Business Group, HORECA Traders Business Group, Meat and Poultry Business
Group, Bakeries Business Group, Organic Food Business Group, and Coffee
Business Group.
About Dubai Chamber of Commerce:
Established in 1965, Dubai Chamber of Commerce continues to represent, support, and protect the interests of the business community in Dubai, create a stimulating business environment, and promote the emirate as a global business hub. The chamber is one of three chambers operating under the umbrella of Dubai Chambers, which was restructured under a decree issued by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.
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