NEWS & MEDIA

LATEST NEWS

Coronavirus: Dubai launches hi-tech scheme to boost food security amid challenges of pandemic

June 26, 2020 - by The National

Dubai has turned to technology to bolster food security in the face of the Covid-19 pandemic. Sheikh Mansour bin Mohammed, chairman of the emirate's Supreme Committee of Crisis and Disaster Management, spoke of the need to safeguard supplies against future challenges as he launched the Food Security Dashboard of Dubai. The crucial resource, developed by a local government team with the backing of authorities such as Dubai Chamber of Commerce, Dubai Economy and the Dubai Port, Customs and Free Zone Corporation, utilises artificial intelligence and data analytics to track key indicators of strong food security. The hi-tech system spearheaded by Smart Dubai monitors the supply index, stock availability, local production, consumption levels, and the cost of vital commodities in the emirate.

Abu Dhabi Agriculture and Food Safety Authority supports agriculture sector with 5 new projects worth AED75M

June 24, 2020 - by WAM, Hatem Mohamed

In cooperation with the Abu Dhabi Investment Office (ADIO), the Abu Dhabi Agriculture and Food Safety Authority (ADAFSA) has developed a pipeline of investment projects worth AED1 billion for the private sector to enhance the food security and agricultural sustainability system in the Emirate of Abu Dhabi. As part of these projects, ADAFSA has awarded five investment projects to four major local companies and a veterinary clinic to build on the emirate’s rapidly growing agricultural value chain with long-term Musataha agreement for periods of up to 30 years.

Minister of State for Food and Water Security launches UAE Aquaculture Pulse 2020 guideline

June 24, 2020 - by WAM

"Aquaculture is a core component of the UAE’s National Food Security Strategy," asserted Mariam Hareb Almheiri, Minister of State for Food and Water Security, while launching the UAE Aquaculture Pulse 2020 – a document set to serve as a reference point, outlining and evaluating investment opportunities in the local aquaculture sector. Almheiri launched the new project during a virtual meeting organised by the Food Security Office jointly with the United Nations Food and Agriculture Organisation, FAO, today, to discuss "Supporting Sustainable and Innovative Aquaculture in the UAE". The UAE Aquaculture Pulse 2020 studies consumption patterns in local and international markets, analysing production quality and size as well as prices and availability to support future investments in aquaculture projects in the UAE.

UAE FoodTech Challenge Reveals 12 Finalists Developing Innovative Solutions To Battle Food Security

June 12, 2020 - by Forbes Middle East

The UAE FoodTech challenge has announced the selection of 12 finalists who are competing for a considerable share of a $1 million prize pool, by demonstrating commercially viable solutions to support the UAE’s National Food Security Strategy. The initiative was launched collaboratively by the UAE Food Security Office and Tamkeen in September 2019.

June 2020 Newsletter

June 1, 2020 - by The FoodTech Challenge Team

Congratulations to our Finalists, who were selected from over 400+ submissions from all over the world! Our Finalists are hard at work refining their business cases to compete for their share of the $1m prize pool and eligibility to the Catalyst Accelerator Program.

Abu Dhabi Fund for Development launches $272.4m initiative to support national companies

May 31, 2020 - by Arabian Business

Abu Dhabi Fund for Development (ADFD) has announced a AED1 billion ($272.3m) initiative to support national companies during the Covid-19 pandemic. The initiative, which lasts for the remainder of 2020, provides concessionary loans for national companies operating in sectors considered crucial to the UAE economy – such as healthcare, food security and manufacturing. It also considers firms in sectors that are bearing the brunt of the Covid-19-related disruption to business and economic activity.