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  • Saudis plan Rp600B rice estate investment
    • Indonesia Investmenet Coordinating Board
    • 07 Jul 2008

    A consortium of 15 Saudi Arabian investors is ready to take part in the Merauke Integrated Rice Estate (MIRE), injecting at least Rp600 billion ($65.04 million) into the region. The Agriculture Ministry's Secretary General, Hasanuddin Ibrahim, said each investor wanted to open about 5,000 to 10,000 hectares of land in Merauke, Papua.

  • Invest in Africa? Some say yes, others fear the worst
    • The National
    • 03 Jul 2008

    The UN’s Food and Agricultural Organization is expanding its Abu Dhabi office tenfold to broker deals with farmers in such areas as the Horn of Africa.

  • Gulf food security: is there enough, and at what price?
    • The Middle East
    • 01 Jul 2008

    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.

  • Gulf states seeking food security
    • Dawn
    • 23 Jun 2008

    The Dubai-based think-tank Gulf Research Centre, in its food inflation report released last month, noted that agriculture production in the six-member Gulf Cooperation Council’s (GCC) countries is on the decline, and its exposure to unstable global food supplies would increase in the future. It called on the GCC to develop links with countries rich in arable land.

  • UAE ‘should invest in foreign farms’
    • The National
    • 21 Jun 2008

    The UAE and its food-importing neighbours are “particularly vulnerable” to spiralling costs and should make significant investments in “contract farming” in Africa and Asia, says the UN’s Gulf food chief, Dr Kayan Jaff.

  • Gulf eyes oil-for-food pacts
    • Inter Press Service
    • 20 Jun 2008

    Recent attempts by Persian Gulf countries to invest in farmlands abroad to counter soaring inflation and guarantee long-term food security could prove to be a win-win situation in the short term for both the oil-rich region and its investment-hungry neighbors, but continued high oil prices may neutralize the gains in the long-run, say experts.

  • GCC plans to fight food crisis
    • Gulf Daily News
    • 18 Jun 2008

    A new joint strategy for agricultural investment will be launched by the GCC soon, it was announced in Bahrain yesterday.

  • Saudi Arabia: Buying food security with petrodollars
    • Kuwait Times
    • 18 Jun 2008

    The Arabian Peninsula is currently flooded with petrodollars, giving the Gulf Arabs a wide array of investment options abroad. But while these countries are winners in the oil market, they are losers in the food market. As a result, the Gulf Arabs - with Saudi Arabia at the fore - are pursuing a strategy to buy their food security through overseas agribusiness investment.

  • Middle East economy: Food outsourcing
    • Economist Intelligence Unit
    • 18 Jun 2008

    The Saudi government announced that it would co-ordinate with local private-sector companies and invest in strategic agricultural interests in key producer countries such as Brazil, Ukraine, Thailand and India, guaranteeing for itself supplies of cereals, meat and vegetables. It is already in advanced negotiations with Thai investors and a deal on rice farms in Thailand is likely before the end of the year.

  • Saudi Arabia in talks with Sudan and others to secure food needs
    • Bahrain Tribune
    • 15 Jun 2008

    The Kingdom of Saudi Arabia is in talks with Sudan and other countries to grow grains to meet its strategic food needs.

  • Saudis plan to grow crops overseas
    • Financial Times
    • 13 Jun 2008

    Saudi Arabia has unveiled plans to develop large-scale overseas agricultural projects to secure food supplies, revealing that Riyadh is in discussions with Ukraine, Pakistan, Sudan, Turkey and Egypt.

  • Bahrain eyes farmland in Philippines
    • Reuters
    • 11 Jun 2008

    Bahrain wants to invest in rice farmland in the Philippines, the world's top importer of the grain, in a move to boost food security as global food supplies become increasingly expensive, traders said on Wednesday.

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