Kuwait

Sudan to part-privatise agricultural schemes

Sudan's Kenana sugar company -- part-owned by the governments of Sudan and Saudi Arabia and the Kuwait Investment Authority, among others -- will manage more than 300,000 acres of farm land in a long-term project that aims to make Africa's largest country the bread basket of the Middle East within 10 years, officials said on Sunday.

Kuwait's SWF-linked KCIC says to list shares in Q4

Kuwait China Investment Co, a firm linked to the Gulf Arab state's sovereign wealth fund which is approaching governments in Southeast Asia to invest in farmland, said it had secured final approval to list its shares on the Kuwaiti bourse.

ASEAN states plan rice cartel

Laos has approached Thailand as a partner in a joint venture with Kuwait to grow rice in Laos. The Lao government has allocated 200,000ha.

Gulf risks animosity with land grab deals

Gulf states buying farmland in developing nations for food security face the risk of damaging their reputation as international investors as the deals are seen as land grabs, a Rothschild executive said yesterday.