GULF ECONOMIC HOTSPOT MORPHS INTO KEY INTERNATIONAL BRANDED FOOD MARKET
March 1st, 2007
BY PAUL COCHRANE, in DubaiTHE UNITED Arab Emirates' (UAE) highly competitive food sector is expecting double-digit growth this year, driven by 7% annual population growth, booming foodservice and tourism sectors, and rapid economic growth.Food producers and retailers in this economic powerhouse of the oil-rich Gulf say there is strong growth across the board, from fresh fruit to ready-made meals in the modern retail environment of the UAE, particularly in Dubai, which is undergoing a construction boom and the top destination for most expatriate workers and ...
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