Dubai, UAE – DP World Group announced on Tuesday the signing of a memorandum of understanding with Al Zahira Holding Group, which specializes in agricultural businesses and is headquartered in Abu Dhabi. With the aim of exploring strategic opportunities to enhance food security and develop agricultural logistics capabilities in the GCC countries and globally.
This partnership is in line with broader regional efforts to enhance food security and build more resilient and integrated supply chains in the GCC countries.
Given that the UAE imports approximately 85-90% of its food needs, there is an urgent need for flexible supply chains. To support long-term food security.
The agreement sets out a framework for cooperation in developing comprehensive and integrated solutions for supply and logistics chains. To ensure the efficient movement, storage and distribution of food commodities and agricultural products. Leveraging DB World’s global logistics infrastructure and “phenomenon” expertise in agricultural production, supply and procurement.
Improving global supply corridors
This includes the possibility of establishing specialized logistics infrastructure and ports for importing, storing, processing, and distributing food commodities in the GCC countries. In addition to cold chain and storage solutions for perishable goods, such as fresh produce, grains and processed foods.
The two parties will also study joint investment opportunities in logistics facilities, free zone operations, and centers for processing and manufacturing agricultural and food products. Especially in Abu Dhabi and the Gulf Cooperation Council countries.
DB World and The Phenomenon will explore opportunities to expand and improve global supply corridors in Africa, Eastern Europe, Central Asia, and the Americas.
In addition, the two partners will explore technology-enhanced supply chain solutions, including digital platforms, tracking systems, and smart logistics tools. To enhance the efficiency, transparency and flexibility of supply chains.
This cooperation will also contribute to enhancing harmonization between regulatory frameworks. Including food safety standards and customs procedures, to facilitate cross-border trade.
Innovative solutions to support food security
“This collaboration reflects DP World’s commitment to enabling resilient and sustainable global supply chains,” said Yuvraj Narayan, CEO of DB World. By combining our logistics capabilities with “phenomenon” expertise, we aim to provide innovative solutions that support food security and economic growth in the region and beyond.
“Through this partnership, we seek to enhance our ability to secure, transport and distribute essential food commodities reliably and on a large scale,” said Arnaud van den Berg, CEO of Al Zahira Holding. This collaboration with DB World supports our long-standing commitment to food security. It also enhances the efficiency and flexibility of supply chains for agricultural and food products in the GCC countries and global markets.”
