The Special Investment Facilitation Center has asked the Ministry of National Food Security and Research for an update on the invitation sent to the Almarai company of Saudi Arabia to invest in farming in Pakistan.
Worsening drought has focused new attention on a Saudi-owned dairy company and whether Arizona should be doing more to protect its groundwater resources.
- Associated Press
28 Apr 2023
The Arizona Republic’s Rob O’Dell explains why a Saudi Arabian company’s deal for Arizona water raises questions for taxpayers, water users, the Legislature and the governor.
The Public Investment Fund has transferred its ownership stakes in Almarai, the National Agricultural Development Company, and the Saudi Fisheries Company to the Saudi Agricultural and Livestock Investment Company (SALIC).
L’invitation officielle adressée au groupe saoudien Almarai d’investir en Algérie fait partie de toutes celles qu’on avait engagées en grande pompe et qui se sont évaporées instantanément pour avoir été engagées à travers un marché de dupes.
Saudi-based Almarai owns 15,000 acres of an irrigated valley – but what business does a foreign food production company have drawing resources from a US desert?
The Middle Eastern kingdom needs hay for its 170,000 cows. So, it's buying up farmland for the water-chugging crop in the drought-stricken American Southwest.
Almarai, which already owns land in Arizona, said the purchase was part of efforts to secure high-quality hay from outside Saudi Arabia, in line with Saudi government policy.
Almarai said to be among Saudi companies that plan to expand their business in Egypt, along with food oil firm Saffola and Jannat Agriculture Investment Company.
Sin actividad fiscal en la Argentina, este profesional del estudio Integritas Trust figura en los registros societarios de una multinacional saudí que se reunió con Cristina Kirchner y luego adquirió 12 mil hectáreas, 24 horas antes de que el Congreso de la Nación sancionara la Ley de Tierras.
Investment plans include a new dairy farm of 5,000 cows and eventually another farm of 20,000 cows that will be the biggest in Egypt.
Almarai has recently received the first shipment of feed estimated at 39 thousand tons coming from farms owned by the company in Argentina.