Halal Industry, a High-Potential Path for UAE, GCC and ASEAN to Boost Trade

According to industry experts speaking at the inaugural Global Business Forum ASEAN on the 11th of December 2021, held at the Expo 2020 Dubai in the United Arab Emirates (UAE), the Halal industry is a high-potential path for companies in the UAE, the Gulf Cooperation Council (GCC) and the ASEAN to boost trade and build cross-border partnerships.

Why it Matters?

Despite the market's downturn as a result of the COVID-19 pandemic, the experts expressed hope for the Halal sector, which is worth an estimated USD 4 trillion globally. The industry is expected to grow at a rising pace, with new strategies and policies recognised as important drivers.

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