Egypt

In a bid to enhance investment opportunities for Egyptians abroad, the New Egyptian Countryside Development Company has launched a new initiative titled “Your Farm in Egypt,” in collaboration with the Ministries of Foreign Affairs and Migration and Egyptians Abroad Affairs.

The Egyptian government and a Chinese business delegation are planning for the establishment of an agricultural investment project in the New Valley Governorate through “China Railway,” one of China’s major companies, to produce potatoes, wheat, and soybeans.

Future of Egypt for Sustainable Development, affiliated with the Egyptian Air Force, was entrusted with reclaiming 1.5 million acres of land across the country, despite the Air Force’s lack of any role in agricultural activities.

Al Dahra, qui exploite 27 000 hectares de terres agricoles dans les gouvernorats de la Nouvelle-Vallée et Ach-Charqiya, va booster sa production et ses exportations de produits agricoles egyptiens

The UAE company's investment will target land reclamation in Toshka, where it currently holds a 67,000-acre land bank and is negotiating the acquisition of an additional 80,000 acres.

UAE-based agribusiness venture Al Dahra plans to expand its business in Egypt amid the African country’s bid to promote investments in different agricultural sectors.

In recent years, Gulf economies have tackled their food dependencies not just by importing foodstuffs but through land enclosures, or the purchasing of agricultural land abroad, particularly in the Middle East, North and East Africa (but also as far as the United States and Australia)

Amr Abdel Wahab, chairperson and managing director of the Egyptian Countryside Development Company, signed an investment contract with Al Magd Group for a 29,000-feddan area for the large-scale cultivation of oil seed crops

The Egyptian Countryside Development Company and the Italian Ambassador to Egypt discussed cooperation and strategies to attract Italian investments to the lands and sectors of the 630,000 ha agricultural project.

During a visit to the 630,000 ha Mostaqbal Misr project, Egypt's President says he will be opening the door wide for the private sector to tap land-reclamation projects on a grand scale by offering a lot of incentives, like roads and water for agricultural purposes.

With 56 deals under its belt, the UAE has 14 more farmland acquisition deals in the pipeline in 2024, mainly in Africa

The president also instructed the government to devise and implement suitable mechanisms to mitigate investment risks and assist investors, aiming to benefit both Egypt and its African partners