Khalifa Fund To Empower 10 Emirati F&B Businesses At Gulfood 2024

The Khalifa Fund for Enterprise Development has unveiled its plan to back 10 local enterprises led by Emirati entrepreneurs at the forthcoming Gulfood 2024 event.

This initiative is part of the Fund's continuous efforts to nurture growth and innovation within the UAE's Food and Beverage (F&B) industry. These businesses will present their innovative offerings at the Khalifa Fund's booth situated in the UAE Pavilion, sharing the space with Dubai SME from February 19th to 23rd, 2024, at the Dubai World Trade Centre.

Empowering Local Entrepreneurs

This endeavor underscores the Khalifa Fund's unwavering dedication to encouraging innovation and development in the F&B sector. By supporting Emirati-owned businesses, the Fund not only promotes local entrepreneurship but also contributes to the diversification and enhancement of the UAE’s economic landscape. The participation of these businesses at a global platform like Gulfood 2024 exemplifies the potential and quality of locally developed products and services, showcasing them to an international audience.

Leadership and Innovation at Gulfood 2024

Highlighting the significance of leadership and innovation in the F&B industry, Alia Abdullah Al Mazrouei, CEO of Khalifa Fund, will join Jacob Jensen, the Danish Minister of Food, Agriculture, and Fisheries, among other eminent leaders for a panel discussion. Titled 'Leaders in the Armchair: Transforming, Collaborating, and Being Agile in the New Economic Landscape', the discussion will focus on various strategies critical for staying at the forefront of the F&B industry. It includes adapting to changing consumer trends, navigating new scientific advancements, adhering to ESG regulations, and adopting circular food systems. This panel is slated to occur on February 19th, from 12:50 to 13:30, at the "Al-Multaqa" ballroom stage.

Commitment to Supporting SMEs

Alia Abdulla AlMazrouei commented on the Khalifa Fund's consistent efforts to support the participation of Emirati SMEs in significant exhibitions and trade events like Gulfood 2024. According to her, the Fund's involvement for the 8th consecutive year underscores its commitment to fostering innovation and empowering local businesses within the UAE's F&B sector. This support is integral to positioning the country as a leading global hub for food innovation, sustainability, and entrepreneurship. It highlights the extensive support and investment within the UAE's F&B sector, showcasing the depth and breadth of opportunities available to local entrepreneurs.

The support extended by the Khalifa Fund for Enterprise Development to these 10 UAE-based businesses at Gulfood 2024 is a testament to the UAE's commitment to nurturing a vibrant and sustainable F&B sector. By facilitating the participation of local entrepreneurs on such a prestigious global stage, the Fund not only highlights the innovative capabilities of the UAE's F&B industry but also contributes to the broader economic development and diversification goals of the country. This initiative exemplifies the collaborative effort between government entities and the private sector towards promoting sustainable growth and innovation within the UAE’s entrepreneurial ecosystem.