No.1 Grains Industry Magazine & Website for Africa & the Middle East
UAE – Uterra Middle East Agro Industries, a part of a multi-national UniPax Investment Group is investing US$20 million in the next three years for the construction and development of Ras Al Khaimah’s first organic soil fertilizer project in the Middle East. As part of the project, Uterra has acquired a land plot of approximately 33,000 m2 in Al Ghail…
Read More
INDIA- A government notification released on Monday reveals that India has allowed the export of 75,000 tonnes of non-Basmati white rice to the United Arab Emirates (UAE). “Export of 75,000 tonnes of non-Basmati white rice to the UAE is permitted through National Cooperative Exports Limited,” the Directorate General of Foreign Trade (DGFT) said in a notice issued on Monday. India…
Read More
UAE- Berg + Schmidt – Animal Nutrition, a Germany-based company that provides feed additives and customer support, has opened a new subsidiary in Dubai. Berg+Schmidt has over 60 years of raw materials expertise in oils and fats, gathering experience that has made it a highly competent supplier of essential substances to the feed industry. So far, the animal nutrition expert…
Read More
EGYPT- UAE-based agribusiness Al Dahra and the Abu Dhabi Exports Office (ADEX), the export financing arm of state-owned Abu Dhabi Fund for Development, have signed a US$500 million deal to supply Egypt with wheat. The five-year agreement, worth US$100 million per year, will provide Egypt with imported milling wheat “at competitive prices”. Egypt has one of the highest per capita…
Read More
UAE – The United Arab Emirates recently announced that it will temporarily suspend exports and re-exports of rice from the UAE to protect the supply of the commodity in the country. According to Ministerial Resolution No. 120 of 2023, the suspension will remain in place for four months, and it will be instrumental in ensuring sufficient rice supply in the…
Read More
UAE- The Dubai Multi Commodities Centre (DMCC) has partnered with CG Agrotech, a leading agricultural commodities business in Nepal, to increase bilateral trade with South Asia in agri commodities. As part of DMCC’s broader target of bolstering agri trade between the UAE and key markets across South Asia, the agreement seeks to create collaboration between DMCC’s business community and CG…
Read More
EGYPT – Egypt, one of the world’s biggest wheat importers, is in talks with the UAE for US$400 million in financing to help it purchase Ukrainian wheat. According to Zawya, the decision follows the recent move by Russia decision to withdraw from the agreement on the Black Sea Grain Initiative concluded under the aegis of the United Nations on July…
Read More
MENA- Invictus Investment Company, a UAE-based agricultural commodity trader, has announced plans to invest US$272 million to expand into the MENA region via acquisitions and joint ventures with regional entities. The expansion will see the Abu Dhabi-listed firm significantly increase its presence in Africa to potentially include Morocco, Algeria, Kenya, Tanzania, and Mozambique. According to a statement issued by the…
Read More
UAE- Ras Al Khaimah Economic Zone (Rakez), an Emirati free-trade zone in the United Arab Emirates, and the Indian Chamber of Food and Agriculture (ICFA) have partnered to foster mutual growth and development of the food and agriculture sectors of the UAE and India. The Group CEO of Rakez, Ramy Jallad, and ICFA Chairman, Dr. MJ Khan, signed an MoU…
Read More
UAE – “Sabaa Sanabel” flour, made from wheat indigenously produced in the Emirate of Sharjah, has clinched a new label becoming the first national product to obtain the “Made in the UAE” mark. The labeling comes after a recent move by the UAE Ministry of Industry and Advanced Technology (MoIAT) to launch a new quality mark for UAE-made products. According…
Read More