Saudi Arabia announces the launch of Agroinvest, which will focus on farm acquisitions abroad to grow wheat, rice, soybeans and other crops in Brazil, Vietnam, Indonesia, Philippines, Pakistan and Turkey
Pursuing its strategy of penetrating the Middle East market, the company has set up a special committee to study the possibility to increase exports to the region. So far, the company has signed a farming contract with Bahrain for supplying food products.
Mauritius has secured a large area of land in Mozambique to produce hybrid rice for export back hom through a joint venture with a Singaporean company.
Nigeria allows foreigners -- like Thailand's Riceland International Co -- to lease land for growing rice and to run rice-related businesses including milling and processing.
"Finance Minister Yousef Hussein Kamal said he had personally been traveling to Vietnam, Cambodia, Yemen, Sudan, Tajikistan, and elsewhere to look into investing in agricultural production for the Qatari market," reports the US Embassy in Doha about a visit from US Treasury Secretary Henry Paulson
CNN's John Defterios takes a look at how Middle Eastern countries are scouring the globe for farmland.
Vietnam Rubber Group, the nation’s largest producer and exporter, plans to plant 200,000 hectares of trees in neighboring Laos and Cambodia, betting on a rebound in global demand in the next decade.
A conference for fund managers tied to agriculture held annually in Sydney by Austock, an Australian broker, attracted a few dozen contrarian souls three years ago. This year’s event, which began on March 16th, had to be restricted to several hundred ticket-holders, with many others turned away.
Vietnam, the world's second-largest rice producer, plans to lease Cambodian farmland to grow rice in areas close to the border, officials said this week.
A flock of 360 sheep imported from the UAE landed at Ho Chi Minh City’s Tan Son Nhat Airport Saturday, Ninh Thuan Province’s Department of Agriculture and Rural Development said.
Saudi Arabia, one of the world's biggest rice importers, has received the first batch of rice to be produced abroad by local investors, state news agency SPA reported on Monday.
King Abdullah received today Saudi Arabia's Minister of Commerce and Industry accompanied by two Saudi businessmen Mohammad Hussein Al-Amoudi and Abdullah Hassan Al-Masri on the occasion of the arrival of the earliest produce of their rice to the Kingdom.
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