Turkey

Saudi Arabia, Turkey to map out cooperation

Saudi Arabia and Turkey will hold talks to map out a future strategy for cooperation in the agriculture sector on Tuesday. The talks, to be held within the framework of a major initiative launched by Custodian of the Two Holy Mosques King Abdullah to ensure food security, will be led by Minister of Agriculture Fahd Balghunaim, while Turkish Minister of Agriculture and Rural Affairs Mehdi Eker will attend from the Turkish side.

Agricultural investment firm opened

Saudi Arabia announces the launch of Agroinvest, which will focus on farm acquisitions abroad to grow wheat, rice, soybeans and other crops in Brazil, Vietnam, Indonesia, Philippines, Pakistan and Turkey

Saudi firm to invest $3 bln in Turkey farms

Private Saudi firm Planet Food World (PFWC) will invest around $3 billion in agriculture in Turkey over the next five years to export food products to the Gulf region, the head of its Turkish unit said.

Turks veto farm plan for minefield

Hostility to foreign investment in a sensitive border area has forced the Turkish government to shelve plans to turn a minefield along its frontier with Syria into organic farmland.

Riyadh paves way for foreign ventures

Since details emerged of Saudi Arabia’s plans to ensure supplies of wheat, rice, corn, soya beans and alfalfa through overseas agricultural investments, officials have insisted that they intended the programme to be private-sector led.