Kingdom of Saudi Arabia in the spotlight at day 2 of Gulfood Manufacturing 2022

Kingdom of Saudi Arabia in the spotlight at day 2 of Gulfood Manufacturing 2022

DUBAI : Leading global trade events Gulfood Manufacturing and GulfHost continued into a second day at Dubai World Trade Centre, with discussions on the regulatory landscape and investment opportunities in the F&B sector in the Kingdom of Saudi Arabia, as well as the pressing issue of global food price inflation.

The morning kicked off with a breakfast briefing and overview on next year’s inaugural The SaudiFood Show (taking place from 20-22 June 2023 in Riyadh), and a presentation of the investment opportunities in KSA’s F&B sector with a deep dive into the Saudi legislative system from advocacy body Mukatafa.

“When we talk about food manufacturing, we are also talking about technology, logistics and other segments that we are bringing to Saudi Arabia. At the same time, a lot of policies around ease of doing business in Saudi Arabia are being reviewed, and employment incentives are being introduced. The SaudiFood Show 2023 is coming at the right time, to bring international companies to Saudi Arabia” said Prince Waleed bin Nasser Al Saud, Founder and CEO of Mukatafa.

“With an F&B market valued at $45 billion, and the ambition to attract 100 million inward visitors per year to the country by 2030, the need and