Some of the measures implemented to boost self-sufficiency include investments in the production of domestic dairy, meat and poultry products, as well as food processing and light industry.
“The scheme would be a major strategic step and a new experiment of its type in the region,” said the study, according to Gulf News.
Emirates Development Bank Board of Directors held its seventh meeting for the year 2017, chaired by HE Obaid Humaid Al Tayer, Minister of State for Financial Affairs at the bank headquarters in Dubai.
Muhtadi revealed that hiring activity in the country is on the rise, a development that he noted had already produced noticeable impact on the market “in the form of increased appetite among new buyers”.
Forecast is strongest in UAE, Saudi Arabia and Kuwait, while Oman and Bahrain are weaker due to their fiscal position