Saudi Arabia

Saudi Arabia Launches $5.3b Agricultural Fund

The Saudi Arabian cabinet on Monday decided to establish a $5.3-billion fund to support agricultural development by offering soft loans and necessary credit facilities, the Saudi daily newspaper Saudi Gazette reported.

Al-Amoudi plans largest agro investment

In the largest single agricultural investment, Ethiopia’s richest man Sheik Mohammed Hussein Ali Al-Amoudi, joined the bio-fuel sector in a joint venture with Jemal Ahmed, one of the biggest edible and palm oil importers in the country.

Pakistan’s food insecurity

For the practical realisation of the goal of food sovereignty that has been eluding our nation since the time of independence, the importance of genuine agrarian reform and peasants’ rights cannot be underestimated.

Foreign investors may get legal cover

The Pakistan government is all set to provide legal cover through parliament to protect foreign investors and their investment in all sectors particularly agriculture. “We are in talks with investors from Gulf states, particularly Saudi Arabia, for investment in corporate farming. Investors will be ensured repatriation of 100 per cent crop yield to their countries even in case Pakistan faces food deficit,” Federal Investment Minister Waqar Ahmad Khan said.

Arabs to buy WA land?

Agriculture Department denies a recent WA trade delegation visit to several Middle Eastern countries was to promote selling WA agricultural land for grain and livestock.