UAE

Investing abroad is right decision to ensure food supply

Pakistan has reportedly offered Saudi Arabia a large amount of acres of agricultural land in return for oil. Egypt is also said to have offered both Saudi Arabia and the UAE the opportunity to purchase farmland. Even Bahrain, the smallest economy in the GCC, has started exploring buying farmland in southeast Asian nations, notably Thailand and the Philippines.

UAE looks abroad for food security

The UAE is actively looking at acquiring farmland in Vietnam, Cambodia, Africa and South America in an effort to ensure the availability of food stocks, according to the UAE Minister of Economy.

Gulf food security: is there enough, and at what price?

Both public and private sector investors in the Gulf are also looking at ways to improve local food supplies, by investing in a range of outlets from arable farm land in the Sudan, Algeria and Pakistan to introduce new technology to enhance the local production of foodstuffs and grains, livestock, poultry and fish.