Bin Touq confirms price stability and sufficient supplies of strategic goods during the Abu Dhabi tour

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Abu Dhabi (UrduPoint / WAM / March 31, 2026) His Excellency Abdullah bin Touq Al Marri, Minister of Economy and Tourism, confirmed that United Arab EmiratesUnder the guidance of its wise leadership, it continues to strengthen its position as a leading regional country center For economic activities in food sector.

He stressed that the country has an integrated infrastructure at the global level The best Advanced practices technology and resilient supply chains that effectively ensure the sustainability and availability of food supplies locally Markets.

This came during a field Visit By Minister L Abu Dhabi vegetable oil a company (ADVOC), one of United Arab EmiratesLeading national companies in the food industry sector.

the Visit It aims to assess the efficiency and readiness of food supply chains and levels of strategic stocks of basic commodities, as well as strengthening partnerships between the public and private sectors.

He was received by Nirman R Shetty, ADVOC CEO and Chief Executive Officer a company Officials.

Bin Touq said that the food industries, including vegetables oil Production is the key driver In strengthening the national food security system by enhancing economic and industrial integration, enhancing local production, and supporting economic diversification.

He added that national companies in the food industries sector represent a pioneering model for advanced Emiratis industryrelying on the latest production technologies and adhering to the highest standards of food safety and quality, which enables it to expand locally, regionally and globally. Under the current circumstances, these companies play a pivotal role in ensuring the continuity of food supply chains market Stabilization and strengthening United Arab EmiratesIts readiness to meet consumer demand and support its position among countries summit 10 countries in the Global Food Security Index in line with the “We” initiative United Arab Emirates Vision 2031.

The minister stressed United Arab EmiratesIts commitment to preservation market Stability and ensuring the availability of strategic goods in sufficient and safe quantities in line with regional and global developments.

In statements to the Emirates news WAM said that the ministry is continuously monitoring market developments, stressing his commitment to them price Stability and reassuring the public that this stability will continue during the coming period.

He pointed out that United Arab Emirates Has a high level of preparedness to handle various scenarios to ensure uninterrupted availability of essential goods. He added that the Ministry of Economy and Tourism is scheduled to issue decisions this week aimed at strengthening it price Monitoring mechanisms and strengthening them market Transparency.

He stressed that food security is a national priority and a red line, noting that United Arab EmiratesIts long-term strategies have focused on building an integrated system that ensures sustainable food supplies.

He pointed out that the economic gatherings launched by… United Arab Emirates last September The food industries have been placed at the top of its priorities, which reflects the clarity of the strategic direction in this vital sector.

Badriya Al-Maidour, Assistant Undersecretary for Support Services at the Ministry of Economy and Tourism, confirmed the availability of basic goods through retail outlets nationwide. She indicated that the ministry’s call center operates seven days a week and has received about 3,000 inquiries since the beginning of the week. Ramadan Through specialized inspection teams.

said Falal Amin, CEO of Geetha Holding Visit It reflects the depth of the strategic partnership between the public and private sectors, and confirms their joint commitment to supporting and enhancing United Arab EmiratesNational food security system.

He added that Visit This is especially important amid rapid regional and global developments, highlighting the importance of building more resilient and sustainable supply systems. He pointed out that the group continues to develop local production capabilities and adopt advanced technologies to ensure the continued availability of basic food products.

Abu Dhabi Vegetables oil a company It plays a major role in supporting food security in the region United Arab Emirates By ensuring the availability of essential products and maintaining efficient supply chains, and contributing to this market stability.

During the tour, the Minister was briefed on the various production stages of the factory. from Receiving crude oils from worldwide MarketsThrough refining processes using advanced technologies, to final packaging which is carried out under strict quality control systems.

He also reviewed the factory’s advanced operational capabilities, which exceed 200,000 metric tons annually, in addition to the storage capabilities, which exceed 40,000 metric tons, which enhances the efficiency of inventory management and ensures continuity of supply locally and regionally. Markets.

the a company Distribution of approximately 17 to cook oil Brands through an integrated logistics network and a modern supply chain system, including third-party manufacturing and packaging.

the a company The officials also briefed the minister on its regional and international expansion, as its products reached the Gulf Cooperation Council countries middle east, Asianorth Africa And the century Africaserving multiple sectors including retail, food and hospitality industries, government International bodies and organizations.

the United Arab EmiratesThe value of food products trade amounted to 148.6 dirhams one billion In 2024, recording an increase of 16.8% compared to AED 127.2. one billion In 2023, while National Food exports It rose by 10.9% to reach 24.2 UAE dirhams one billion.

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