Oman

The firm also aims to conclude as many as six deals by year end, including in Latin America and is scouting Africa to set up joint ventures or buy firms to develop land.

Oman has decided to appoint a specialist company to prepare the Sultanate's national strategy for food security.

While Oman has yet to indicate it will follow the course, it is in this make-or-break moment for a new, more stable capitalist system that the Gulf – and perhaps Oman in the future – are forging a rather novel form of global venture, that is, government-funded offshore farming.

Oman has sought the assistance of the specialised UN agency, UNCTAD, in conducting a study on food security.