The company leased 10,000 hectares in Ethiopia’s western Gambella region for 60 years for $9.42 per hectare annually and plans to lease an additional 290,000 hectares from the government.
El Foro Multisectorial por la Tierra del Chaco denunció negociaciones entre el gobernador del Chaco, Jorge Capitanich, y el Grupo Al-Khorayef de Arabia Saudita, para la entrega de tierras públicas
Sudan is top of the list of countries selected for Saudi investments, says Undersecretary of Saudi Arabia's Ministry of Agriculture
Investors from UAE, Saudi Arabia, Kuwait and Bahrain are currently planning to inrease investment in the agriculture sector of the Philippines as part of their government’s food security programmes.
- Emirates 24/7
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05 Mar 2011
A local subsidiary of Saudi Arabian firm Abbar and Zainy has proposed turning a wide swathe of land in Sultan Kudarat and Maguindanao – including the site of the Maguindanao massacre – into a banana plantation.
- Philippine Star
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22 February 2011
Modern machineries of all sorts, owned and run by agri-companies, are turning the soils inside out, destroying forests and beginning to pollute the environment to get more production.
Land grabbing poses no harm on the environment or on the local community, says Saudi billionaire Sheik Mohammed Hussein Al-Amoudi who is seeking to expand his farmland in Ethiopia from 10,000 hectares to 250,000 hectares.
- Afrik News
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17 February 2011
Former Prime Minister, Bob Hawke, is leading a push to get Arabs to invest in Australian farmland as part of a long term food security strategy for oil-rich Gulf States
- Stock & Land
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10 February 2011
Countries in north Africa and the Middle East are urgently seeking ways to soften the blow of surging food prices for their citizens, alarmed by protests against authoritarian rulers from Algeria to Yemen.
The ECER has abundant land, which could fulfill the needs of Middle East countries that are looking for their food security program, says Malaysian official.
- Arab News
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28 January 2011
The Zambian Development Agency signed off the virgin land to a firm called Menafea Holding which will grow pineapples and produce juice
- Zambian Watchdog
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28 January 2011
“Our king has asked that the government and the private sector go and invest in countries that have high agricultural production potential,” says Saudi central bank governor.
- Bloomberg
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24 January 2011