Bahrain

Business close-up: Ithmaar Bank

In August 2008, Ithmaar joined forces with two leading Middle East banks, Bahrain-based Gulf Finance House and Abu Dhabi Investment House, to form Vision 3, an organisation that provides high-value investment opportunities across a range of sectors including food security

Eastern promise!

Undeterred by recent debates, a Bahrain scouting mission left for a week-long trip to the Philippines and Thailand yesterday, where it hopes to secure fruit and vegetable plantations.

Foreign farm bar to stay

"According to our laws and our policy, foreigners or foreign companies are not allowed to rent or buy land to grow rice or any kind of food, including raising livestock, in Thailand," Prime Minister Abhisit Vejjajiva said yesterday.

Thailand says no to farm investment by foreigners

The issue of farmland investments is expected to be raised in the first ministerial meeting between Gulf Cooperation Council (GCC) countries and the Association of South East Asian Nations (ASEAN) on June 29-30 in Manama.

Gulf states show interest in Thai farms

A number of Gulf states have expressed interest in livestock and rice farming in Thailand to secure food supplies, a Thai official said on Monday. "The countries involved could be Saudi Arabia, Bahrain, Qatar or the UAE," he added.