Dubai Food Imports Hit 8 Million Ton in 2021

People shop at a supermarket in Dubai, United Arab Emirates, March 26, 2020. - REUTERS/Christopher Pike
People shop at a supermarket in Dubai, United Arab Emirates, March 26, 2020. - REUTERS/Christopher Pike
TT

Dubai Food Imports Hit 8 Million Ton in 2021

People shop at a supermarket in Dubai, United Arab Emirates, March 26, 2020. - REUTERS/Christopher Pike
People shop at a supermarket in Dubai, United Arab Emirates, March 26, 2020. - REUTERS/Christopher Pike

Dubai has imported eight million tons of food during 2021 and re-exported 6.277 million shipments through all its ports, a Dubai Municipality press release revealed Thursday.

Food exports amounted to 3.272 tons to 157 countries last year after verifying their safety and compliance with food safety standards and requirements. This came after Dubai issued 78,812 food export health certificates.

Director of Food Safety Department in Dubai Municipality Sultan Al Taher said that these efforts comply with the municipality's responsibility for the continued flow of food imports to Dubai's markets and ensure the smooth flow of their passage through the ports following strict procedures, state news agency WAM reported.

"All food items must be registered within the regulatory system subject to the provisions of food control regarding local and imported foodstuff," he added.

"This ensures that the food reaches the consumer within the approved standards and specifications and helps control the follow-up of food."

According to Al Taher, all types of food are registered electronically through a global system that controls imported and locally produced foods in the emirate.



GCC States’ GDP Projected to Reach $6 Trillion in 2025

Riyadh, Saudi Arabia (Reuters)
Riyadh, Saudi Arabia (Reuters)
TT

GCC States’ GDP Projected to Reach $6 Trillion in 2025

Riyadh, Saudi Arabia (Reuters)
Riyadh, Saudi Arabia (Reuters)

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi affirmed that GCC countries hold a significant economic status globally, with the GDP reaching approximately USD2.1 trillion in 2023.

AlBudaiwi projected the GDP of GCC countries will reach $6 trillion by 2025.

The Secretary-General’s remarks came as he participated in the Gulf dialogue session, held as part of the Asian Financial Forum 2025 sessions in Hong Kong, with the participation of the Secretary for Financial Services and the Treasury of the Hong Kong Special Administrative Region and a number of senior economic officials from the GCC countries.

The total sovereign financial assets in the GCC countries amounted to around $3.2 trillion, accounting for 33% of the total sovereign assets worldwide, Albudaiwi added.

Albudaiwi highlighted that the GCC countries hold the top global ranking in crude oil reserves and production, and also lead in natural gas reserves, while ranking third globally in natural gas production.

He underscored that the GCC’s balanced policies have contributed to the stability of energy markets by providing secure and stable supplies of oil and gas to global markets.

The Secretary-General mentioned that the GCC's significant economic potential creates numerous opportunities for cooperation with Hong Kong, a leading Asian financial center.