Sheikh Mohammed bin Zayed Al Nahyan will become a majority owner of eight Serbian agriculture corporations that own 9,000 hectares of land and will lease an additional 14,000 hectares of arable land in Serbia for EUR 250 per hectare per year.
A 20,000 ha tranche of Serbian farmland bought by an Abu Dhabi firm should be providing a substantial amount of the UAE's food within the next five years.
- The National
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01 November 2012
Abu Dhabi's Al Dahra Agricultural Company is to develop 9,000 hectares of farmland in Serbia as it seeks to bolster food security in the UAE.
- The National
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23 October 2012
MK Group, a Serbian company, currently cultivates around 30,000 hectares of land in Ukraine
"Several very powerful groups in the Middle East are seriously considering the 3.2 million hectares that Serbia has to offer."
Farming overseas is a global trend. So to find out more about this phenomenon, Mike Gallagher meets Andrew Hunter - a British farmer working vast landholdings in Hungary and Serbia.
A British entrepreneur is leasing land from smallholders in an attempt to revive the breadbasket of the former Soviet Union
- Wall Street Journal
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18 May 2008
