His Excellency Mohammad Ali Rashed Lootah,
President and CEO of Dubai Chambers
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.