Saudi Arabia

Almarai is venturing into seafood and red meat as part of a nearly $5 billion programme to expand its food empire

After years investing in farms overseas, the Saudi government is now stepping up efforts to attract foreign investors to its domestic agriculture sector

The attorney general of the US state of Arizona is set to launch legal proceeding in the next two weeks against the Saudi dairy company Almarai over groundwater pumping on two farms in the state.

Saudi Agricultural & Livestock Investment Co., controlled by the country’s sovereign wealth fund, is in advanced talks on a transaction that would value Olam Agri Holdings at about $4 billion.

SALIC aspires to expand co-operation and investment in the Vietnamese market, especially in the production, processing and export of rice, along with animal feed, poultry, livestock and aquaculture.

Le projet, porté par des investisseurs privés des deux pays, prévoit l’implantation de cultures céréalières et le développement d’une filière d’élevage bovin laitier.

A new agricultural hub is expected to be embodied in an Algerian-Saudi partnership in strategic agriculture and dairy cattle on an area exceeding 20,000 hectares in the wilaya of El Menea (Southern Algeria).

Pure Farms operates greenhouse-based farms in the UAE and Saudi Arabia and will use the fundraising for the construction of a new farm in Morocco

MHP, a Ukrainian agribusiness company with massive poultry and grain farms, says the Saudi Agricultural and Livestock Investment Company (SALIC) has acquired a 12.6% stake in the company.

In recent years, Gulf economies have tackled their food dependencies not just by importing foodstuffs but through land enclosures, or the purchasing of agricultural land abroad, particularly in the Middle East, North and East Africa (but also as far as the United States and Australia)

À propos des terres agricoles accordées à des sociétés rwandaises, le Président de la République du Congo a déclaré que jamais il n’a été question de leur vendre des terres. "À chaque fois, il s’agit -ou il s’agira- de terres louées pour une période déterminée et pour une mission précise."

New York-based hedge fund Water Asset Management LLC spent $100 million to buy farmland and water rights in Western Arizona, stirring concerns about a future “water grab” from that rural area and of corporate control over a major groundwater source.