With the official implementation of Valued Added Tax (VAT) across the GCC entering result in January 2018, the ripple effect of the region's first used tax on all
products and solutions is a pressing problem throughout most of industries functioning in the Gulf - consisting of the burgeoning food production and manufacturing sphere.
The Gulfood Manufacturing 2017 Business Talks Meeting will cast light on the VAT conundrum and other burning issues when a that's who of the leading industry believed leaders assemble on the sidelines of the region's largest food and beverage manufacturing occasion to discuss the hot topics shaping the industry.
Business Talks Seminar will include three keynote addresses and four symposiums throughout the three-day occasion, with leading choice manufacturers and market leaders gathering to outline, go over and dispute the future direction of the industry in the region and beyond amidst climbing populations catalysing an ever-growing demand for food.
The Conference will open on 31 October with the keynote address Made in the UAE, in which high-profile speakers - consisting of Abdulla Belhoul, CEO of Dubai Food Park, the emirate's latest initiative in its bid to become a global center for the food supply chain, and Saleh Abdullah Lootah, Chairman, Food and Beverage Manufacturers Business Group - that will certainly establish the scene for the three-day mega occasion ranging from 31 October to 2 November. Both will detail the current state of the UAE's production sector, making use of appointed research to analyze future chances and challenges before a prominent target market of industry participants, manufacturers and customers shaping regional food and beverage trends.
" The UAE currently imports 90% of its total food demands, so possibilities are swarming for the industry to manufacture or refine a considerably higher share of our domestic food needs at a local level - this chance is not restricted to the UAE, it is the case across the region," said Lootah, the Managing Director of Al Islami Foods, among Middle East's largest halal food producers which has supply operations in Brazil and Australia, and which exports its products throughout the Middle East, the CIS and Europe.
" We will leverage the conference to lay out how regional food manufacturers could enable faster and much more cost-efficient production of much safer and more reputable products by executing the current active ingredients, refining equipment, product packaging equipment and logistics, warehousing and cold chain services into their operations." The second keynote - Are You Ready for VAT? - will see key numbers including Tarek El Sakka, Chief Executive Officer of Dubai Pepsi Beverage Group, and other famous market experts resolve exactly how the upcoming introduction of the five percent levy will certainly impact consumer investing and intake, with a details concentrate on the actions regional companies must require to maintain business growth by prepping their interior and exterior money systems, accounts, sales and supply chain approaches for the intro of VAT introduction.
" The illustrious roll-call of speakers for this year's Business Talks Conference will see the region's leading business minds study the prominent business challenges dealing with the entire reginal food production sector, and appropriately show exactly how Gulfood Manufacturing 2017 is again right at the heart of the Middle East and global food supply chain," stated Trixie LohMirmand, Senior Vice President, Exhibitions & Events Monitoring, DWTC.
" Key industry decision makers, thought-leaders, and prominent players progressively see Gulfood Production, and subsequently Dubai and the UAE, as essential to their regional and global growth approaches. Alongside the core event showcasing the latest food processing and manufacturing products, remedies and services, the Business Talks Seminar will certainly highlight why Gulfood Manufacturing 2017 is a must-attend event for any individual in the industry - from startups to multi-territory global heavyweights."
With Dubai currently the home of greater than 16,000 food outlets and restaurants, consisting of 2,074 new restaurants that opened in between the middle of 2015 and completion of 2016, inning accordance with the most up to date numbers from Dubai Town, the opening seminar on Day 2 of the Business Talks Seminar on November 1, is sure to draw in the interest of delegates.
The Construction and Operation of Food Establishments will certainly take the kind of an interactive workshop in order to help delegates get an understanding of the legal needs for creating and running a food establishment in Dubai, exploring finest method for design, food machinery and equipment selection.
Other sessions will certainly include a look at the fads in the industry for 2017 and beyond, technical advancements in food manufacturing and Blending Human Expertise, Digital Platforms and Data Analytics: A Food Industry Perspective, A Food Industry Point of view, which will provide delegates an insight right into exactly how automation, digitisation and big data could transform their companies.
" We want visitors to leave this year's show armed with potential business opportunities and greater knowledge and understanding of the melting problems forming the growing food industry. The sectorisation of the program and the subjects on the seminar agenda are great enablers," included LohMirmand.
Gulfood Manufacturing 2017 will offer food and beverage manufacturers with the unique chance to connect with more than 1,600 local, regional and worldwide, distributors and company, while producing simpler access for these exhibitors to meet new customers to boost their business potential.
To ensure participating companies can get in touch with the ideal partners and capitalists, Gulfood Manufacturing 2017 will certainly host the 'Big Buyers’ Programme, which will certainly hold more than 2,000 pre-qualified severe customers at the show from across the Middle East and Africa, with a pre-determined budget plan to invest with getting involved exhibitors.
The Gulfood Manufacturing Awards, meanwhile, will acknowledge industry excellence in a glittering event and gala dinner at Dubai's Conrad Hotel on the evening of October 31, while the Innovation Tours will certainly use site visitors a memorable trip showing real-life technologies within several of the region's top, award-winning food factories.
Gulfood Production 2007 will certainly open up from 10 am - 6 pm on 31 October and 1 November, and 10 am - 5 pm on 2 November 2017. The program is just open to F&B trade professionals and visitor participation is for free. To find out more, please see gulfoodmanufacturing.com