Minerva is 35% owned by the Saudi Agricultural and Livestock Investment Company, which already has 211,000 hectares of farmland and two mutton processing plants in Western Australia.
Film maker Gabriela Cowperthwaite uncovers a massive global scheme to gobble up resources, pairing with the Center for Investigative Reporting to bring these shadowy operations to light.
Tanmiah operates 93 farms as well as 6 hatcheries, 2 feed mills, 4 slaughterhouses, 3 food processing plants, and 13 dry and cold storage facilities located in Saudi Arabia, Bahrain and the UAE.
- Globe Newswire
06 Jul 2022
The partnership with Olam is expected to enrich SALIC’s roles to deliver food security in the Kingdom of Saudi Arabia.
Le groupe singapourien Olam annonce la cession d’une participation minoritaire de 35,4% du capital d’Olam Agri à Saudi Agricultural and Livestock Investment Company, une filiale en propriété exclusive du Fonds d'investissement public du Royaume d'Arabie saoudite, pour un montant de $1,24 milliard.
The collaboration with Sarh Attaqnia Co and CMEC aims to unlock untapped land resources of Pakistan by bringing fallow lands under cultivation through the Corporate Agriculture Farming initiative.
Major Brazilian meatpacker Minerva Foods and part-owner Saudi Arabia's SALIC have bought two sheep-focused meat processors in Western Australia for almost $48 million with plans to expand their operations.
SALIC owns a whopping aggregation in Western Australia, Merredin Farms, which produces grain and livestock over 211,000 hectares and grows around 120,000 tonnes of grain alone each year.
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).
Saudi Arabia’s state grain buyer SAGO said it has agreed to import 355,000 tonnes of wheat from Saudi Arabian-owned farms in Australia, Canada and Ukraine for delivery from May to December 2021.
A fund that supports Saudi agriculture investments abroad on the condition that at least 50 per cent of the project’s crops be exported to the Kingdom has tripled the value of its loans since 2016.
Saudi Arabia’s state grain buyer SAGO on Monday said it bought 60,000 tonnes of Ukraine wheat from investment firm SALIC, marking its first purchase from agricultural investments overseas aimed at enhancing the country’s food security.