Thursday 28 March 2024
 
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farmland

Global investment in farmland deals tops $90bn

Global investors have spent more than $90 billion buying agricultural lands the size of Finland in deals criticized by rights groups for displacing small farmers, according to research published on Tuesday. Internationally, there

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Al Tijaria invests in $10m Turkey farmlands deal

Kuwait-based Al Tijaria Real Estate Company has entered into a new $10 million investment deal in Turkey. The investment, which was through a special purpose company in alliance with other investors, is aimed at buying and develop

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Morocco aims to quadruple farmland leases by 2020

Morocco aims to increase fourfold the amount of state-owned land it leases to farmers and investors, to increase production and speed up modernisation of Moroccan farming, the director of agricultural development said. To attract

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Vast land too polluted to farm in China

About 3.33 million hectares (8 million acres) of China's farmland is too polluted to grow crops, a government official said on Monday, highlighting the risk facing agriculture after three decades of rapid industrial growth. Ch

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Saudi in talks with Senegal over farmland

Senegal is in talks with Saudi Arabia to lease farmland to grow food on an area nearly four times the size of Manhattan, an official in Senegal involved in the deal said. Like other Gulf states, Saudi Arabia has been buying farmland in Asi

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Jenaan to focus on developing farmland

Jenaan, an Abu Dhabi private firm, will focus on developing farmland it has already acquired in a number of developing nations until it breaks even in about five years, a company board member said. 'We have land in Egypt, Sudan, Ethiop

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Foreigners apply to farm maize in Algeria

Algeria's government is considering applications from firms in Europe, the Gulf and Canada to launch the country's first commercial maize production, the head of the Algerian farmers' union said. The foreign firms seeking to in

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Gulf looks to science to turn desert to farmland

Gulf nations hope science will turn desert areas into arable land to boost food security and avoid the risks inherent in buying farmland abroad, industry insiders said. Farming in the Gulf battles against little water supply, high soil sal

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Saudis plan farmland investment in Algeria

Saudi Arabian investors are looking at opportunities to buy into farmland in Algeria, the Saudi Agriculture Minister said. 'Some of our farmers from the private sector have started investing in countries including Egypt and Sudan. We h

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Saudis, Vietnam mull rice cultivation deal

Vietnam, the world's second-largest rice exporter, has welcomed Saudi firms' interest in investing in rice cultivation in the country. Like other Gulf countries that rely on food imports, Saudi private firms have intensified eff

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