Turkey

Hassad Food plans to invest $700mn in global projects

Hassad Food Company intends to invest $500mn to $700mn this year for projects across the world as part of its mission to ensure food security for Qatar, chairman and managing director Nasser bin Mohamed Mubarak al-Fuhaid al-Hajri has said.

Saudia Arabia eyes US for ag investing, contracts

Saudi Arabian investors are looking to expand their agricultural investments in the United States to secure long-term food supply because of water shortages in the desert kingdom, Saudi officials said on Thursday.

Kuwait hunts for agro-food investments in Turkey

Kuwaiti firms and other Gulf Cooperation Council members are looking to invest in agriculture and food in Turkey, and could sign a number of contacts this year, the head of Turkey's investment agency said on Sunday.

Erdogan urges Saudis to invest in Turkey

The Chairman of the Chamber of Commerce’s Board of Directors said that Saudi businesspeople were keen to invest in Turkey, particularly in agriculture. “The Kingdom has a huge program involving billions of riyals for agricultural investment in countries with fertile soil and plentiful water.”

Turkey to hire lands to foreign funds

Turkey has been in talks for the past year with “three big international funds” in order to hire out agricultural lands. One of the deals will be announced very soon, the country's investment promotion agency says.

Food poor and oil rich: Quelling Qatar's appetite

Hassad Food plans to invest all over the world. “Latin America, Asia, you name it,” says Al Hajri, “Where we invest, we make profit. If Qatar is in need of that production, Hassad has the pleasure to sell to Qatar at no special rate.”

Mineks again securing Arab funds to plow Turkish fields

Mineks has withdrawn from Vision3, the strategic alliance between three major Gulf banks to bring a $9 billion investment trust to Turkey, particularly in the Southeastern Anatolia Project, which hit the rocks when the banks were affected by the continued spiral of the financial crisis.