UAE Food And Beverages Sector Put At “Medium Risk” Amid New Price Challenges, Rising Competition Amid Online Distribution
Euler Hermes, the world’s largest trade credit insurance provider, said in its latest regional assessment, that the sanitary crisis triggered by COVID-19 has had a dual impact on the F&B industry in the UAE. The beverage segment in particular suffered setbacks in a domino effect amid the slowdown of travel in the UAE and globally.