Abraaj Capital, the PE firm that was very active in the rush to buy global farmland after the food financial crises of 2008, has collapsed and is under investigation for “mismanagement, comingling of funds and misappropriation of assets"
“I’ve got strong interest from Canada, the United Kingdom and Dubai and they want to come out now and have a look around," says the owner of the largest semi-contiguous cropping aggregation to be offered in Australia’s history.
Once one of Florida's iconic ranching dynasties has sold the balance of its Osceola County land holdings to a global agribusiness firm Optimum Agriculture and the government of Dubai for $136.5 million.
Undersecretary of the Ministry of Economy says that investments in the fields of agriculture and food industries are among the prominent sectors that attract UAE investments abroad as the country currently imports about 80 per cent of its food needs.
Mozambique's Minister of Agriculture and Food Security of Mozambique tells the Charge d'Affaires at the UAE Embassy that his ministry will co-ordinate with other relevant authorities to provide UAE investors with land to for agricultural projects
Le projet porte sur une superficie totale de 76 000 hectares et comprend la mise en place d’une plantation et d’une usine dotée d’une capacité annuelle de production de 1 million de tonnes de sucre et d'un coût de 450 millions $.
"2017 has been an exciting year for Pegasus Food Futures, as we acquired farms in Abu Dhabi, Ras-Al-Khaimah and two sites in Portugal," says UAE-based company which already owns farms in Oman, Dubai, Saudi Arabia, Abu Dhabi, and Bahrain.
A Mozambican delegation is in the UAE to conclude procedures prior to signing a formal agreement on cooperation in agriculture, while Dubai Ports World is in negotiations with the Mozambican government over the future of the port of Nacala.