INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Where does fisheries stand in UAE economy?

The UAE’s fisheries sector has changed quite a bit over the past two decades.
  • The UAE has been striving to achieve food security through several of its initiatives
  • It has also been looking to achieve a degree of sustainability in the fisheries sector

Fisheries are one of the biggest natural resources for the UAE, having — according to the UN Food and Agriculture Organization — previously been “entirely artisanal in nature.”

Things in the country have changed quite a bit since that statement from nearly 20 years ago.

For one, the UAE has been striving to achieve food security through several of its initiatives, because it usually ends up importing most of its food.

On the other hand, though, it has also been looking to achieve a degree of sustainability in the fisheries sector.

Here’s what’s going on with the fisheries sector in the UAE at the moment: