Agricultural Products

Agricultural Products

 

The agriculture industry in the U.A.E. is diversifying quickly. Main exports include dates, fish, vegetables, poultry, eggs, and dairy products. At the national level, the Ministry of Economy is establishing a strategic food reserve that would help diversify the nation’s agricultural base and protect against any acute food shortages. The Federal National Council, which represents the different municipalities throughout the country, is recommending subsidies for food and agricultural investments as part of a national overhaul on food policy. Individual Emirates are also looking into agricultural investment. For example, Abu Dhabi Sources, a government-owned trading house, is focused upon securing food supplies as well as agriculture and metals trading.

 

Opportunities for U.S. companies include: long term distribution and supply contracts, logistical consulting and advising, and various agriculture investment opportunities. Many Emirati government entities are focused upon diversifying U.A.E. agricultural investments and are looking to the United States, among other countries, for these opportunities. Local companies, such as Federal Foods, Agthia, and Al Foah, are also interested in agriculture investments in the United States. Between both private and public entities, a considerable amount of currency is being appropriated for agricultural investment.

 

Resources

Ministry of Economy: www.economy.ae/english