Abu Dhabi firm grows in Egypt
- The National
- 13 August 2009
A private agricultural investment firm in Abu Dhabi plans a Dh925 million (US$251.8m) farmland deal in Egypt to grow wheat for the African nation’s domestic market.
A private agricultural investment firm in Abu Dhabi plans a Dh925 million (US$251.8m) farmland deal in Egypt to grow wheat for the African nation’s domestic market.
Janan, a UAE agricultural investment firm, will expand its farmland portfolio in a deal with Egyptian agricultural authorities next week.
A United Arab Emirates company will sign a deal with Egypt to cultivate 100,000 feddans, about 42,000 hectares, of land with wheat, corn and feed, the official news agency Mena reported on Tuesday.
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