Colors: Green Color

In 2019, the Food and Agriculture Organization (FAO) noted that 52 million people in the MENA region were chronically undernourished. The COVID-19 pandemic, along with climate change and economic slowdown, could bring twice as many under the purview of 'acute food insecurity', this year. Water scarcity, arid climate and limited arable land undermine conventional agriculture in the region, with even economically able nations, such as the UAE, importing 80 to 90% of its food.

The COVID-19 pandemic has brought about widespread change to everyday life in various aspects, and how consumers and businesses transact is no exception. Boston Consulting Group’s (BCG) 18th annual report titled ‘Global Payments 2020: Fast Forward into the Future,’ looks at the global payments industry’s performance in the near-term and emerging industry trends in the years ahead. 

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