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Financed 85 projects in Food Industrial Sector
Dubai - Khalifa Fund for Enterprise Development participates in the Gulf Food Exhibition (Gulfood), which is currently being held in Dubai Trade Center. The Fund provides an umbrella for number of projects in food industry that owned and managed by Emiratis entrepreneurs.
Khalifa fund's suite in SIAL Middle East in its second session contains 9 projects for Emiratis benefited from the financial and non-financial services provided by the Fund. The exhibits are varies between food industries, animals products, sweets, fresh juices as well as the organic products of the farms funded by Khalifa Fund as part of Zaarie Program which was launched a year ago.
"Khalifa Fund's participation in Gulfood comes as part of the Fund's efforts to support the food enterprises supported by the Fund to promote their products and access the local and global market", said Mrs. Mouza Obaid Al Nasseri the Acting COO in Khalifa Fund.
"Organizing such important exhibition like Gulfood in Dubai, is a real opportunity for the entrepreneurs who owns food projects to promote their products and to build cooperation with local and global companies as well as to explore to others' experiences in order to improve their own. Since the establishment of Khalifa Fund in 2007, 85 projects in the food industry sector received support with total amount of 85 million dirham. Supporting such industry will contribute to the nation food security in the UAE", added Al Nasseri.
"The purpose of participation in Gulfood is to expose the farmers who benefited from Zaarie Program to the marketing opportunities in local & regional markets. The exhibition is great opportunity for the Emiratis farmers to explore to the technology used in packing and storage of farms' products. It will help them to better understanding of the best practices in marketing their products over the whole year", said Ahmed Khalfan Al Romaithi, Manager of Zaarie Program in Khalifa Fund.
The entrepreneurs participating in Gulfood praise the support given from Khalifa Fund to improve their marketing abilities as well as to connect them to the potential local suppliers and importers for their products.
"Participation in such exhibitions that Khalifa Fund provides allow them to expose to others' experiences to improve their marketing plans that fit to the market needs, and it is a great opportunity for potential investments", said the entrepreneurs.
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© Press Release 2015
