UAE: Global Halal Market to Reach $6.4 Trillion in 2018_Industry News_Halal Certification_Jacob's Star

UAE: Global halal market to reach $6.4 trillion in 2018

2025-05-15

Halal activities gain momentum, Dubai's 9th Halal Expo9moon18Monday in DubaiRoda Al BustanHotel opening.

 

New highlights:

1.Dubai Halal Expo strengthens GCC500billion in import costs of halal products

2.“We want Islamic economic and local cadres with a global perspective to serve our national economic interests, as the fast-paced global economic development necessitates us to accelerate the pace of economic diversification in our country,” Sheikh Mohammed.

3.The United Arab Emirates imported200US$ billion (approximately73billion) Halal consumption,FarrellyandMitchell--Food and agriculture experts say.

4Dubai Halal Expo helpsDubai is repositioning itself as the hub of the global halal economy as it attracts4000A global manufacturer, supplier, importer, exporter, wholesaler and retailer.


The global halal economy is expected to2018Reached6.4trillion US dollars, more than2012Yearly3.2Dubai is strengthening its position as a global leader in the Islamic economy as it opens the ninth edition of the Dubai Halal Expo tomorrow.

The UAE is5000Home to Halal product importers, manufacturers and wholesalersESMAIt is the national standards authority of the UAE and is expected to issue18000A halal certificate, which is the highest in the world.

These developments are a direct result of the government’s vision, envisioned by His Highness Sheikh Mohammed bin Salman, Vice President and Prime Minister of the UAE and Ruler of Dubai.2013This is as envisioned by the government, which announced its intention in 2006 to transform Dubai into the global capital of the Islamic economy.

“The Islamic economy has become a reality in the global economic system due to its stable growth, increasing assets and straightforward principles. Through the vast market opportunities it provides and the great partners it creates, the Islamic economy can play a relevant role in furthering the stability and development of our region,” said UAE Prime Minister His Highness Sheikh Mohammed bin Salman in a statement."We hope that Islamic economic and local cadres with a global perspective will serve the national economic interests, as the fast-paced global economic development makes it necessary for us to accelerate the pace of national economic diversification."


The government subsequently established the Dubai Islamic Economy Development Centre (DIEDC), which is supporting the Dubai Halal Expo - This is from fifteen countries.100The company participated in major exhibitions, including national pavilions from Malaysia, Kazakhstan, China, Pakistan, Indonesia, the United Arab Emirates, etc.

Dubai Food Park is a government initiative that has signed13.5The US$1 billion agreement established the China Food Industry Park in the UAE, which will ultimately support China's "Belt and Road" initiative.1trillion dollars in investment and is helping to drive the rapid expansion of halal products and services across Asia, Europe and Africa.

UAE Minister of Economy Sultan bin Saeed Al Mansour earlier said: “Dubai and the UAE are interested in promoting cultural awareness of Islamic economy and fostering global acceptance of its principles.

Today, non-Muslim countries are also considering Islamic economy, halal lifestyle and Islamic law principles as core to their sustainable development plans. The Islamic economic strategy adopted by Dubai and the UAE is truly unique in its ability to anticipate economic changes, provide safe investment options and use bonds to finance major projects around the world..


It is expected that the two-day exhibition will attract 4,000 countries - Mostly from40Buyers and sellers of Halal products and services in 35 countries.2017Director of Orange Expo, hosted by Dubai Halal ExpoRaees Ahmed"The Dubai Halal Expo is part of efforts to help Dubai strengthen its position as a global hub for the halal and Islamic economy," he said. The two-day exhibition will create the right meeting point for international buyers, sellers, producers, manufacturers, importers, exporters and wholesalers of Halal food and services and help generate business for leading international Halal suppliers via Dubai.

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