Farmland investors say a tax imposed uniquely by Queensland on foreign-owned agricultural land is having a “chilling effect” on new investment and prompting existing offshore investors to divest Queensland assets and replace them with investments in other states.
Sudan proposed a trilateral partnership to combine Sudan’s fertile land, Pakistan’s agricultural expertise, and Saudi investment to launch impactful joint ventures.
The meeting focused on strategic projects aimed at boosting food security and modernising agriculture in Libya. Both sides discussed proposals for large-scale initiatives involving advanced technologies and public-private partnerships.
Standard Bank Namibia has invested N$40 million into a large-scale blueberry farming initiative by Namibia Berries, a subsidiary of Saudi Arabia's Loxworth Capital
A Riyadh private equity firm established by a Saudi royal is joining forces with Canadian asset manager Cordiant Group to set up two funds worth $5 billion for agricultural investments across the GCC and globally.
The "Green Pakistan Initiative" is fast tracking Gulf agribusiness deals. Saudi & UAE firms are investing billions in Pakistani farmland, while local communities warn of land grabs & water shortages.
Growing berries in Saudi Arabia and a farming project by the Nile are among the first investments of a new private equity firm co-founded by the former chief of Egypt’s sovereign wealth fund.
Olam Group announced on Feb 24 that it will sell its remaining 64.57% stake in Olam Agri to Saudi Agriculture & Livestock Investment Company (SALIC), a state-owned Saudi investment firm.
Ukraine and Saudi Arabia are determined to strengthen cooperation in the agricultural sector and a joint forum with the participation of business representatives from both countries will take place in May.
“Taking into account the importance of food security in the near future, I think we can implement and start joint investment projects in agriculture. We want the situation to be win-win — one project in Kazakhstan and one project in Saudi Arabia.”
A US subsidiary of Saudi dairy giant Almarai Co. is “taking advantage of Arizona’s failure to protect its precious groundwater resource,” the lawsuit says.
Almarai is venturing into seafood and red meat as part of a nearly $5 billion programme to expand its food empire
