Abu Dhabi will become the focal point for the $2.1 trillion a year global halal industry next week as leading manufacturers and suppliers assemble in the UAE capital to debate issues vital to the growth of the business worldwide.
Halal World Expo, the most comprehensive Middle East event to focus on the burgeoning halal industry, opens at the Abu Dhabi National Exhibition Centre on Sunday, at a time when the industry is facing new challenges as its boundaries continued to expand.
As the Middle East positions itself as one of the premier users of quality halal products with its dense concentration of Muslim consumers, there is huge potential for the halal industry across the GCC to produce and distribute high quality, regulation certified halal products throughout the region.
The halal food market, which is worth $150 billion a year, will be the focus of the three-day event, with exhibitors from the areas of food production, canned products, agricultural products, dairy and meat products in the international exhibitor lined up.
The exhibition will also showcase halal lifestyle products including Islamic fashion, cosmetics - a market worth Dh2.06 billion in the UAE alone - as well as other healthcare products.
Islamic Finance, currently worth between $200 and $500 billion annually and a consistently growing interest for financial market across the world, will also be part of the exhibition.
Islamic finance is of interest to the halal industry as many companies seek Sharia-compliant financial products and services.
"We will offer both regional and international exhibitors a gateway to the Middle East and international markets", said Christine Weaver, exhibition director.
Güncelleme Tarihi: 07 Aralık 2007, 16:31