Top Stories

Canada and the UAE Reach a New Milestone in Agrifood Trade

The UAE imported a record AED 2 billion in canola seeds and wheat from Canada in 2020.  Could it change the cooking oil market in the UAE?

Canada and the UAE Reach a New Milestone in Agrifood Trade
Monday 22 February 2021

The UAE imported a record AED 2 billion in canola seeds and wheat from Canada in 2020.  Could it change the cooking oil market in the UAE?


Dubai, United Arab Emirates (UAE), February 21, 2021 – On the margins of Gulfood 2021, Al Ghurair Resources Oils and Proteins (AGROP) and Al Ghurair Foods (AGF) and the Consulate General of Canada in Dubai celebrate a milestone in trade between the UAE and Canada. 

In 2020, more than AED 2 billion worth of canola seeds and wheat were imported from Canada to the UAE.) AGROP and AGF imported 1.5 million tons of canola and wheat from Canada, a record high figure that underlines the growing agrifood trade relationship between the UAE and Canada.  This follows AGROP’s recent announcement that it had crushed more than 1 million tons of canola seeds in a year for the first time in 2020. 

Combined, AGROP and AGF is the single largest importer of Canadian food products in the UAE, contributing to the country’s economy and advancing its food security agenda.  Building upon the longstanding bilateral trade relationship between the UAE and Canada, the UAE is now one of the top 5 global buyers of Canada’s canola seeds.

Canola seeds are harvested in Canada’s vast and sustainably-managed prairies. Processed by value-added manufacturing companies such as AGOP and AGF, canola oil is today one of the most consumed cooking oils worldwide.  Canola oil is a healthy, safe, and sustainable product, with the lowest saturated fat content of all common vegetable oils and high in monounsaturated fat, which can improve cholesterol levels and lower the risk of heart disease. While most of the canola seeds crushed in the UAE is currently for export, Mr. Djamal Djouhri, CEO, AGOP, AGF, has plans to expand the domestic market for this healthy cooking oil.

Mr. Djamal Djouhri, CEO, AGOP, AGF, commented: “As a leader in the region’s agricultural commodities sector, at Al Ghurair we understand that we have a critical role in supporting the global drive for enhanced food security. With a commitment to continuous improvement, we invest in innovation to bring the best quality products to consumers across the region, and beyond. Ensuring a sustainable, secure supply chain is a key focus for all at AGROP and AGF, and through our partnership with our Canadian suppliers, I am confident that we will witness continued growth in the canola market in future, as we continue raise the benchmark, providing safe, high-quality products to consumers.”

H.E. Jean-Philippe Linteau, Consul General of Canada in Dubai, noted that Canada-UAE trade was up 17% in 2020 despite COVID-19.  He also underlines that Canada’s high-quality canola seeds offer UAE consumers a new and healthier eating experience.  

H.E. Jean-Philippe Linteau, Consul General of Canada in Dubai and the Northern Emirates, United Arab Emirates, stated:

“I am delighted to see Canada’s increasing role in contributing to the UAE’s food economy and security.  Canada’s agrifood reflects the diversity of our land, people & climate and our sustainable agriculture practices.  Canola trade is an example of how Canada and the UAE can work together to drive our post COVID-19 recovery.  I salute AGROP and AGF for their achievements in 2020”. 

About Ghurair Resources, Oils and Proteins (AGOP) and Al Ghurair Foods (AGF)  Combined, AGOP and AGF have more than 40 years of intrinsic experience in trade and manufacture of agricultural commodities. The Company is a key player in the commodities sector, specialising in grains, oils, proteins and pulses, serving the region's manufacturers and traders of foods and feed with a steady supply of agricultural raw materials. Trust, reliability and innovation have been the cornerstones that have earned the confidence of customers across the region.

Media Contact:   Akiko Onozuka, Consulate General of Canada in Dubai

Email:  Akiko.Onozuka@international.gc.ca

Mobile:  +971-50-462-9618

Media Contact:  Sara O’Hara, Group Senior Manager, Communications, Al Ghurair Investment

Email:  media@al-ghurair.com

Related Links:

Al Ghurair Foods and Resources:  https://www.al-ghurair.com/

Consulate General of Canada in Dubai: https://www.international.gc.ca/country-pays/uae-eau/dubai.aspx?lang=eng

Gulf News: AGC celebrates 40 years!

40 years ago, the UAE - still a nascent nation at just 10 years old – had an ambitious vision, with the country focused and determined to build the infrastructure required to realise it.

Gulf News: AGC celebrates 40 years!
Monday 08 February 2021

40 years ago, the UAE - still a nascent nation at just 10 years old – had an ambitious vision, with the country focused and determined to build the infrastructure required to realise it.

As people from around the globe started to take notice of the UAE’s progress, the Al Ghurair family realised the potential in the market for a community centre that met the needs of a growing, and more diverse, population.

Thus was born Al Ghurair Centre, launched in 1981 - the first modern shopping mall in the Middle East, laying the ground for the emergence of a new shopping culture in the country, which would eventually become the world-class retail destination that it is today.

In a new article with Gulf News, Al Ghurair Centre celebrates 40 years of success, as, today, it retains its allure as a must-visit shopping destination.

https://gulfnews.com/uae/home-grown-shopping-centre-celebrates-40-years-of-success-1.1612428126889

 

CEO Magazine: ReadyMix innovating for success

In the latest edition of CEO Magazine, Emad Azizi, General Manager, Aluminium, Readymix and Masonry at Al Ghurair Construction, details how ongoing commitment to invest in advanced technology, coupled with a customer-centric approach, is the key to the company’s prominence and enduring success in the market.   

CEO Magazine: ReadyMix innovating for success
Tuesday 02 February 2021

In the latest edition of CEO Magazine, Emad Azizi, General Manager, Aluminium, Readymix and Masonry at Al Ghurair Construction, details how ongoing commitment to invest in advanced technology, coupled with a customer-centric approach, is the key to the company’s prominence and enduring success in the market.   

Emad comments: “It’s our policy to always adapt to the most durable, most sustainable technology and equipment…We always try to maintain strategic, long-term relationships with you suppliers, as well as our customers”. 

“Today, now that we are the market leader, we are focusing on extending our base.”

Read the full article here: http://bit.ly/3tkp8Es

AGI COVID Superheroes!

On January 18th 2021, our ReadyMix business arranged for an on-site vaccination drive to enable its people to put their health first and choose to vaccinate against COVID-19.   

AGI COVID Superheroes!
Tuesday 02 February 2021

On January 18th 2021, our ReadyMix business arranged for an on-site vaccination drive to enable its people to put their health first and choose to vaccinate against COVID-19.   

The initiative ignited interest and passion across the Group and, just 20 days later, we have now vaccinated 27% of our overall workforce - working together, as one business, to make this happen.  

The power of teamwork and Think Group! 

  • Enhancing life by embracing the nation’s efforts to safeguard its people Tuesday 02 February 2021

    By John Iossifidis, GCEO

    The UAE’s ambitious target to vaccinate more than 50% of its population against COVID-19 is a powerful statement that has provided much-needed hope to many of the country overcoming the ongoing pandemic. With over 2.8 million doses already administered, according to the UAE Ministry of Health and Prevention, the demand for the vaccination is certainly picking up pace.

    At Al Ghurair Investment, our priority focus is to ensure the wellbeing of all our employees. As such, we are encouraging our employees to safeguard their own health, whilst also protecting those around them. As a company, we have been steadfast in our aim to enable our people access to the vaccine. Through voluntary internal vaccination drives, we have already vaccinated in excess of 27% of our 28,000-person workforce.