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Headlines:
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The Field
Day
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The First Arab Agricultural and Food Investment
Conference
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Visits of HE Ali Bin Saeed Alsharhan chairman of
AAAID to the affiliated companies in Syria
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Visit to UAE, the Republic of Comoros and Yemen
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The 34th annual meeting of Board of Shareholders 7-8
April 2010
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AAAID Pledges to fund development projects in
Nouakchott
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The AAAID Board of Directors third Meeting for the
year 2010
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H .E .The president of AAAID Meetings
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A Debate with HE Ali Bin Saeed Al Shrhan President
of the Arab Authority for Agricultural Investment
and Development
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The Meetings and Interviews of H E President of
AAAID
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AAAID Board of Directors held its first meeting for
the year 2010
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AAAID Granted a loan of $ 12 million to the Arab
Sudanese Blue Nile Agricultural Company (Agadi)
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Board of Directors’ 5th Meeting for 2009
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The Founding Committee for the Arab Holding
Agricultural Company held its 4th Meeting
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H. E. the President of AAAID Participate in the 8th
Conference of the Arab Thought Foundation
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Board of Director’s 4rd Meeting for 2009
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Extraordinary Meeting of the Board of Shareholders
Istanbul, Turkey, 5 October 2009
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H.E. The President of AAAID visits Ministry of
Finance and National Economy, Sudan
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H.E. the President of AAAID visits Tunisia and
Morocco (6-13 July 2009)
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Board of Director’s 3rd meeting for 2009
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AAAID Signs a Memorandum of Understanding with a
Number of Investors With the Purpose of Establishing
an Agricultural Investment Company
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Board of Shareholders’ 33rd Annual Meeting 15-16
April 2009
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Board of Directors’ 2nd Meeting for 2009
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AAAID’s Board of Directors Held its 1st meeting for
2009 in Dubai, U.A.E.
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AAAID’s Board of Directors Held its 135th Meeting in
Dubai, U.A.E.
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H.E. Mr. Ali Bin Saeed Al-Sharhan – President of
AAAID made site visits to companies
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The Arab Authority says farewell to its President,
H.E. Mr. Abdul Kareem Al-Amri, and welcome to its
new President, H.E. Mr. Ali Al-Sharhan
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His Excellency the President of the Republic of
Sudan met H. E. the President of AAAID
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UNRWA and AAAID cooperate to help poor Palestine
refuges in Gaza and Lebanon
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AAAID’s Board of Directors Held Its 134th Meeting in
Dubai
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AAAID Inaugurated
its Library following Completion of its Expansion and
Modernization
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The Board of Directors of AAAID held its 133rd
meeting, 12/6/2008
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The Board of Shareholders of
AAAID Held its 32nd annual meting
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The President of AAAID Visits South Darfur
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The President of AAAID and the Minister of
Agriculture in the Blue Nile State Discuss
Agricultural Development in the State
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H. E. The President of AAAID and H. E. the Governor
of S. Kordofan State Discuss Zero-Tillage Experience
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H.E. the President of AAAID visits the Arab Company
for Crop Production
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AAAID and UN-HABITAT signed an agreement for the
establishment of a Medical and Rehabilitation Center
in the West Bank, occupied Palestinian territories
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The Arab Authority continues the Application and
Dissemination of Zero-Tillage Farming System
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AAAID Organized The Third Seminar on Biotechnology
and its Applications in Arab Agricultural
Investment, Amman, Jordan, 21-24 May 2007
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The Board of Shareholders of the Arab Authority for
Agricultural Investment and Development (AAAID) held
its 31st annual meeting in the period 11-12 April
2007 in Beirut, Republic of Lebanon, within the
annual meetings of Arab Financial Institutions.
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AAAID organized a Workshop on the Production of
Fertilizers in Sudan
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AAAID donates US$0.5 million to UNRWA: Food Security
Program in Gaza and the West Bank
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A Discussion Meeting for the Establishment of a
Project for Red Meat Production, Processing and
Marketing in Sudan
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AAAID’s Board of Directors Held Its 127th Meeting in
Dubai
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H. E. the President of AAAID visited the Union of
the Comoros and was received by H.E. the President
of the Union of the Comoros
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AAAID participates in the LAS meeting for Arab
financial organizations and institutions and
contributes to Lebanon rebuilding
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The Arab Authority for Agricultural Investment and
Development contributes US$ 2 million to small
projects in the West Bank and Gaza
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The Agreement of Establishment of the Arab Company
for Veterinary Medicine signed in Dubai
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The Board of Shareholders of the Arab Authority for
Agricultural Investment and Development (AAAID) held
its 30th annual meeting in the period 18-19 April
2006 in Rabat, Kingdom of Morocco, within the annual
meetings of Arab financial institutions
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The Fourth Meeting of AAAID Companies held in
Fujairah, 22-24 March 2006
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H.E. the President of the Republic of Sudan visits
the Zero-tillage farming technology transfer
projects in Gadarif state
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Workshop on " Tissue Culture and its Applications in
Agricultural Investment in the Arab Region
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AAAID Board of Shareholders Annual Meeting, 12-13 April,
2005, United Arab Emirates
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A workshop on: Date Processing and Marketing and the
Utilization of Date Palm Byproducts in the Arab Region,
Present and Views for the Future 8-10 June 2004..
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Following the Success of the
Zero-Tillage Farming System in Agadi, AAAID Proceeds on
Zero-Tillage Technology Transfer to Farmers in Gadarif
State , Sudan.
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AAAID Board of Shareholders Annual
Meeting, 14-15 April, 2004, Kuwait.
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A workshop on: Agricultural
Investment in Sudan and the Potential Contribution by
French Agri-Business Companies
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A Presentation on FAO Africa
Stockpiles Programme (ASP).
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H.E. The General Secretary of LAS
visits AAAID.
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H.E. Mr. Abdul Kareem Mohammad Al-Amri,
President of AAAID, re-appointed for a new term
2003-2008.
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AAAID Board of Shareholders Annual
Meeting, 22-23 April, 2003, Abu Dhabi.
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Promotion Workshop for Milk
Collection and Processing Project 9-10 March 2003.
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Workshop on Tissue Culture 14-16
January 2003.
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Field Day 11.10.2002.
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EL Neilain Order Conferred to H.E. the President of
AAAID
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The
Field Day
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AAAID has arranged in 28 October
2010 a field day in the site of the Arab Sudanese for Agriculture in Blue Nile (Agadi)
in the presence of the governor of the state ,HE Federal Minister of Agriculture
and Forests ,HE governor of Sinar State , Senior Federal officials and some
states Ministers , the regional and international organizations , accredited
Arab ambassadors in Sudan , numbers of local and external investors ,Scientists
, interested persons, agric banks managers, companies representatives and the
related associations beside press and media.
The delegations arrived in Aldmazin city the capital of the state on two
aircrafts and they were received by HE lieutenant general Malik Aqar , governor
of the state and his government crew , and then they moved in large convoy and
visited the crops fields in Agadi which managed by the Arab Sudanese Blue Nile
agricultural Company , the residents were gathered at the outskirts of the city
to meet the delegation.
The
delegation started their visit by the first farm which allocated
for sorghum which was in the stage of harvest ,promising a high
productivity , the presence expressed their satisfaction not
only for the high quality of the production but also they
confirmed that it is the best production in the rain fed sector
in Sudan .
The delegation have also seen harvest operations of Sesame,
cotton, sunflower and Millet, praising the Brazilian company
experiment , which is specialist in cotton and soybean producing
,as a fruit of joint venture.
In this regard, his Excellency Mr. Ali Saeed Alsharhan has
stated to Aljazeera channel expressing his satisfaction to what
he had seen, inviting the investors and those who are interested
in Arab food security to come to Sudan and benefited of AAAID’s
experiment in agric investment (Agadi company is an example).
and from his side his Excellency Doctor Abdulhalim Almutaafi the
Minister of Agriculture and forests has praised in a press
statement the role of AAAID in introducing new technologies as
ideal solution to resolve low productivity problem in the rain
fed sector in Sudan , emphasizing his willingness to transfer
technology into the different rain fed areas in Sudan .
The governor of the state Mr. Malik Aqar has praised AAAID’S
efforts in introducing technologies to rain fed sector in Sudan,
especially in his state, reviewing its advantages for great
numbers of farmers particularly the small scale farmers,
expressing his desire to introduce these technologies.
Some of the presence from the scientists, investors and
interested persons has expressed their deep appreciation for
AAAID’s efforts to introduce these modern technologies.
After the inspection visit the company had set up a grand
ceremony in honor of the presence, and during the celebration
his Excellency Mr. Ali Alsharhan president of AAAID has
delivered a speech expressed the pleasure and satisfaction of
board of directors of the achievements and he granted a bonus to
all the staff , in this regard Mr. Almutaafi has stressed his
ministry concern to provide the necessary support to AAAID till
achieving the Arab food security , mean while Mr. Aqar the state
governor has renewed his invitation to farmers unions to benefit
from this experiment.
Finally Engineer Omer Marzoug the director general of the
company has thanked the kind presence for their coming and
wishing their participation in harvest campaign shortly, to
enable them to see new harvest technology.
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The First Arab Agricultural and Food Investment
Conference
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AAAID in collaboration with
the Ministry of Agriculture and land reclamation in Egypt has held the Arab
Agric and Food Investment Conference in Cairo during 8-9 /12/2010 sponsored by
his Excellency Amin Abazza, minister of Agriculture and land reclamation in
Egypt, in the presence of HE Mohamed Abuhamour, Minister of Finance in Jordan
head of AAAID’S shareholders Board and representative for HE M.A.Almutaafi
Minister of Agriculture and Forests in Sudan and some of reps of Agric
Companies, investors and Arab Agric sector businessmen in addition to number of
decision makers in the institutions, organizations, and concerned authorities.
HE minister of agric in Egypt has addressed the presence in the opening session
praising AAAID’s efforts in arranging this conference and its prominent role in
enhancing Arab food security and its remarkable efforts in developing Arab Agric
and food investment .
HE Mohamed Abohamour, Head of AAAID’S shareholders Board stressed the importance
of the conference however it comes under difficult circumstances that facing
Arab Area beside growing food gap.
From the other hand, HE president of AAAID has started his speech by thanking
the Republic of Egypt, president and citizens, stressing the great role of Egypt
in supporting Arab food processing and agric investment, and he delivered a
special thanks to his Excellency Minister of Agriculture for his kind
sponsorship to the conference, stressing importance of science research as
guarantee for agric and food investment success and AAAID’s efforts to achieve
food security.
The conference also included 4 sessions which discussed different topics
especially agric and food investment beside the development in the Arab world
particularly agric marketing and logistic services in addition to private sector
experiment in human resources management and its impact on investments success.
The discussions focused on the gap of main food commodities, which include
dairies, sugar, grain and meat besides fishes (production, planting, processing)
and the vegetable oil in addition to modern technologies which applied by AAAID,
zero tillage as unique one.
And there was a specific exhibition among the sessions, 16 agric companies were
participated and AAAID has participated in a separate pavilion which reflected
its objectives and different activities.
The discussions by the participants resulted in serious and constructive
recommendations and it can be summarized into:
First:
in the field of agricultural policies:
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Developing strategies
and policies related to specific goals during determined period suiting the
capabilities and resources of every country.
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taking polices to develop
styles in natural resources investment in order to rise up the capacity of
using land and water.
Second: laws and legislations which organize agric
investment:
Third: finance and resources mobilization:
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Establishing database
offering information about agricultural investment opportunities.
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Working hard to attract
investors from private sector through Seminars and Workshops.
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Establishing a fund for Arab
agricultural and food investments in collaboration with Arab finance funds.
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Re arrange finance
priorities and directing them to fund the agricultural infrastructures.
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Increase financial
allocations in the countries budgets to finance agric sector needs.
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Provide finance for small
scale producers and farmers through national and specialist banks.
Fourth: infrastructures:
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Invest in the infrastructure
and agric services by establishing roads, dams and irrigation networks in
addition to electricity, communications and more agric requirements.
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Providing means of storage,
transportation and marketing for agric products.
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Promoting scientific
research through the financial allocations and coordinate between the agric
research centers.
Fifth: vegetable oil:
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Providing support for
scientific research by increasing the production of oil seeds however the
promising local market.
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Develop programs to combat
desertification and groundwater scarcity.
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Support the Arab
seminars and conferences for the specialists in production of oil seeds and
vegetable oil (private and public sectors and governmental organizations).
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The Arab integration
cultivating food products that used in oil industry.
Sixth:
dairy production:
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Providing feed through
establishment of developmental agricultural projects.
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Cancelling the imposed fees
on dairy.
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Ensuring potable water
against nominal fees.
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Providing veterinary
medicines and supporting research in dairy production.
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Coordinate and integrate
between the similar sectors.
Seventh: production and industry of sugar:
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Emphasizing the investment
in sugar production as strategic commodity and consider the consuming gap in
the Arab countries.

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Urging countries to
coordinate with regional and international funds to finance the
infrastructures in the areas of sugar production, to reduce the investment
cost.
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To produce sugar we must
focus in the high productivities countries such as Sudan, Egypt and Iraq.
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Bear in mind the benefit of
the production relation with small scale producers to plant sugar cane and
then selling to the sugar plants to enhance producer’s capability.
Eighth:
seeds production:
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Managing water resources and
set up new irrigation systems.
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Urge governments to finance
new investments in grain.
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Establishing Arab market as
reference for investors in grain and arranging for Arab wheat and sorghum
stock.
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Protect small scale
producers.
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Standardization of plant
quarantine measures among Arab countries.
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Activating the Arab strategy
which prepared by Arab Organization for Agricultural Development.
Ninth:
Meat Production & Processing:
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Integration between the
production projects of poultry.
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Establishing specialized
technical training centers to breed and produce poultry.
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The need to set up
specialized veterinary laboratories to diagnose poultry diseases.
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Establishing laboratories to
analyze the food raw materials that go into poultry feed.
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Introducing feed production
inputs as sorghum and soya in the agricultural countries like Sudan and
Egypt.
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Establishing projects of
fertilized eggs to produce parent stock as well as eggs.
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Establishing parent stock
breeding projects of the known strains of poultry such as Coop, Ross and
Hubbard.
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Establishing poultry waste
treatment plants to maintain the safety of environment, in order to get
maximum benefit of poultry wastes.
Tenth:
fisheries:
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AAAID has determined
investment opportunities in the Arab countries in the field of producing,
processing, and marketing of fishes and also has prepared visibility study
for that proposed projects beside the promotion among Arab investment
parties in collaboration with the Arab federation of fish producers.
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Increasing AAAID investments
in fisheries sector.
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Preparing a visibility study
to establish a joint venture company to produce fish feed for its high value
and also for cooperation between the Arab countries.
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To obtain Arab food security
AAAID must encourage investment in Arab fisheries sector.
Eleventh: zero tillage technology:
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AAAID will save no efforts
to introduce zero tillage in the rain fed sector in the Arab countries.
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Establishing specialized
plants to manufacture and develop the machines and equipment of zero tillage
agriculture.
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Providing production inputs
by encouraging its industry in the Arab countries.
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Activate research and
strategy of zero tillage agriculture in the universities and research
centers.
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Keep on disseminate and
introduce zero tillage agriculture system among small scale farmers in the
rain fed sector.
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Encourage the establishment
of agricultural services companies.
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Urge the governments to
support the new technologies.
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Enhance cooperation and
coordination between Arab finance institutions that interested in
development and food security and the adoption of the new agricultural
system.
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Bear in mind the need to
establish specialized Arab center in zero tillage agriculture system.
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Visits of HE Ali Bin Saeed Alsharhan chairman of AAAID
to the affiliated companies in Syria
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According to the Board of
Directors resolution No (37) HE Ali Bin Saeed Alsharhan, president of AAAID has
made number of site visits for number of AAAID affiliated companies in the Arab
republic of Syria from 10 -13 October 2010, to learn about the conditions of the
Arab company for Agricultural Production Development , also he met the officials
in the National Company for vegetable oil to discuss the means to provide the
technical support to address the obstacles and problems that obstruct the
workflow in the company.
Arab Company for advanced
irrigation equipment industry:
The company aims to produce the
advanced irrigation equipment such as pipes , sprayers and drippers , the
company started producing in the year 2000 with paid capital of 190 million
Syrian pounds ,AAAID share is 25% (equal one million US Dollar) .
The company has a basic infrastructure which support its activity and increasing
the productivity, the plant condition is good and the products has a high
quality compared to the local one, particularly the dripping pipes covers as
extra product by using manufacturing wastes .
The company is facing some troubles such as the need to complete the production
lines in addition to some necessary administrative regulations.
The most important recommendations was to communicate with other share holders
in the company , possibility to raise the company capacity ,offering a capital
of 10 million Syrian pounds and enhancing the demand for the company’s products.
As well as implementing the approved plan of using the modern means of
irrigation in irrigated land and working hard to complete the lines of
production.
Arab Syrian Company for Agric
Products Development:
The company aims to produce food
products in both animal and plant, and composed of 7 projects for the agric and
animal production scattered in different areas in the republic of Syria in
addition to the industrial complex which represent the main activity.
The company started production in the year 1989 with capital of 300 million
Syrian pounds.
The National Company for
Vegetable Oil:
The company started production
in 2001 with capital of 1500 million Syrian pounds (equal 30 million US dollar)
and AAAID share is 40%.
The company produces oils and margarine in high quality and provides part of the
domestic demand of feed, soap and export linter.
The company has the elements of production such as premises, machines and
equipment, best techniques to abstract oils, beside the continuous improvement
of company sales and profits.
The company has been registered in the stock market in Syria due to the good
quality of its products , good reputation and its spread branches in Damascus,
Aleppo and Laziqia.
AAAID delegation has discussed the problems that facing the company and the
relative decline of the performance and the way to use the full capacity and
reduce high run cost of production.
The delegation has recommended supporting the company in cooperation with the
officials in the republic of Syria and to increase the allocated area for cotton
seeds
crop,
the possibility to ensure production inputs from AAAID’s companies in Sudan
especially the Arab Sudanese Blue Nile Agricultural company – Agade.
After these visits the higher management has taken packages of legal, technical,
and financial regulations and also they studied the proposals that presented by
their Excellencies the Ministers of Economy, Trade, and Agriculture in Syria, in
addition to the ideas and plans which developed during the sessions with ACSAD
and the different topics covered such as the establishment of fertilizers &
pesticides projects. |
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Visit to UAE, the Republic of Comoros and Yemen
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AAAID has delegated Mr. Salah Hassan Abdallah the Head of Applied Research and
Technology transfer Division in AAAID to the UAE, Republic of Comoros and Yemen
in 1- 9 / 11 / 2011 in order to purchase the equipments of tissue culture
laboratory in the Comoros and follow up shipping procedures.
Mr. Salah has also visited our coordination office in the Comoros and he
discussed the problems and obstacles that hinder the progress of work.
And he met the officials in the ministry of agriculture and he expressed AAAID
desire to implement numbers of projects, then he visited the Tissue Culture Lab
and he handed over the
equipment
to the technical officer in order to prepare for the new agricultural season.
He also visited the research station in Bandasmlini and Plant Quarantine and he
discuss the current situations there in order to handover them to the government
of Comoros, besides insuring and inventing AAAID’S properties.
Also Mr. Salah has visited coordination office for zero tillage programs in
Yemen and he discussed the future of the program within the new directives of
AAAID, he also the storage standards for the equipment and instruments.
Mr. Salah has met HE Minister of Agriculture and he informed him about AAAID’S
directives about the new projects that it will be established such as fishing ,
animal breed ,chicks production unit , feed production unit , fruit trees
especially citrus fruits , and tissue propagation for banana and potato seeds .
The prominent recommendations of the visits is the necessity to send a
delegation headed by HE president of AAAID with some experts to the Republic of
Comoros and the Republic of Yemen to discuss the current activities of AAAID in
those countries and the future plans however AAAID properties there. |
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The 34th annual meeting of Board of Shareholders 7-8
April 2010
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The Board of Shareholders
of AAAID held its 34th annual meeting within the
annual meetings of Arab financial institutions, 7-8 April 2010, Khartoum,
Republic of the Sudan.
The Board issued a number of resolutions, the most important of which included
the following:
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Election of H.E. the
representative of the Hashemite Kingdom of Jordan as chairman of the Board
for its 34th term (which begins as from the current meeting and ends by the
beginning of the 35th meeting), H.E. the representative of the Sultanate of
Oman as deputy chairman for the same term.
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Approval of AAAID balance
sheet, the final accounts and reserves, as at 31.12.2009.
Allocation of AAAID net profit for the year 2009 to a number of items, some
of which are :
Distribution of dividends to AAAID shareholders equivalent to 3% of the
paid-up capital as at 31/12/2009.
10% of AAAID net income for the year 2009 to support the people of
Palestine.
Appointment of external auditors for the accounts of AAAID for the
financial year ending 31 December 2010.
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Approval of AAAID investment
program for 2010-2011.
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Expression of deepest thanks
and gratitude to His Excellency Field Marshal Omar Hassan Ahmed Al-Bashir,
President of the Republic of Sudan, and the Government and people of Sudan,
for the generosity which covered the 34th meeting of AAAID shareholders.
Expression of great thanks to His Excellency Dr. Mohammed El Nouri El Jouini,
the representative of the Republic of Tunisia for his efforts as a chairman
of the Board for its 33rd term.
Expression of thanks to H.E. AAAID President/ Chairman and Excellencies the
members of the Board of Directors, and AAAID staff, for their fruitful
efforts during the last year towards enabling AAAID to perform its duties.
H.E. Mr. Ali Bin Saeed Al-Sharhan,
President of AAAID, addressed the Board of Shareholders meeting, briefing the
Board on the performance of AAAID during the year 2009. The President speech
covered the various activities of AAAID during the year. It pointed out that
AAAID was able to overcome the negative impact of the international financial
crises in less than one year, and made profits amounting to over $40 million.
The total of AAAID shareholdings in companies amounted about $332 million,
equivalent to 95% of paid-up capital. Distributed dividends to AAAID member
states amounted $351 million, equivalent to 96% of AAAID paid-up capital.
Shareholders’ equity amounted to $565 million, equivalent to 161% of paid-up
capital. The President speech to the Board also gave broad-lines of |
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AAAID Pledges to fund development projects in Nouakchott
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During his meeting with the
commissioner of food security, H. E. Mr. Mohamed Ould Mohamedo, H. E. Mr. Ali
Bin Saeed AL-Sharhan, President of AAAID, pledged to fund, in the near future, a
number of projects in some districts of Nouakchott, in cooperation with the
commission of food security.
The projects which would be launched include:
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Financing of women
income-generating activities by providing revolving credit.
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Building a health center in
the quarters of Mecca 1, 2, 3.
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Expanding the clinic in AL-
Dar AL Baidha quarter.
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Building a clinic in Um AL-Quora
quarter.
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Building a 3 – room school
for the expansion quarters A & B, and then adding a room in each of 3
schools in AL- Nazaha quarter.
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Construction of 10 water
tanks in Mendez, AL- Marfa, and Masamia quarters, in addition to providing a
tank for water supply to those quarters.
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Establishment of 3 feeding
centers in AL-Mirbat quarter.
It is worth mention that a joint
delegation from AAAID and a number of businessmen and investors from the Gulf
visited Mauritania the first week of May (May 2010), following the invitation of
the Minister of Economy and Development, Mr. ٍSidi Ould Tah. The visit lasted
for five days.
At the end of the visit, H.E. Mr. Ali bin Saeed Al-Sharhan, President of AAAID,
made a statement to “Hassad”, published in Hassad website, in which he said that
he came to Mauritania accompanied by a delegation of senior businessmen and
investors from the Gulf who manage and represent large companies, including
leading companies in the field of agriculture, such as "Tabuk" corporation, "Al-Mohammedia
Farms" / Saudi Arabia, “Hassad” / Qatar, "Emirates Investment Authority" / U.A.E.,
"A’Saffa" / Sultanate of Oman, and "Arab Fisheries Co." / Saudi Arabia. The
delegation visited the river bank and looked at the various investment
opportunities in the country, especially in the areas of agriculture,
development, animal husbandry, and fishing.
He added that he had visited Mauritania in November of last year in order to
review and monitor the agricultural activity of AAAID in the vicinity of Rosso
city which has been carried out since 1995, where a lot of work and achievements
were made in this area, adding that he noted that the matter needs more
ambition, and that the response of the Prime Minister in Mauritania at that time
was the first drive where he welcomed the support to AAAID. It was agreed that
another visit be made, accompanied by a delegation from Gulf investors. He added
“Today, the mentioned visit is made for 5 days to cover all the sites which
saturate the ambition. We have told the Prime Minister that the anticipated
ambition has became a reality today.” We discussed and exchanged views, and
agreed with the Prime minister on the importance of air transport lines between
Nouakchott and Gulf capitals.
Besides, the meeting combined between investment ambitions and the national and
Islamic linkage. “We found that the pillars of investment are available in
Mauritania and the climate of confidence lies on this blessed land, in its
people and its government, as this government has a great deal of transparency
in its visions for the future. "
Finally, the president of AAAID said “We have the ambition to establish with our
brothers in Mauritania monuments and investing efforts, experiences, and money,
to see this ambition is achieved on the ground of reality by the efforts of men,
the wisdom of leadership, and clarity of souls, in a manner to achieve security
and safety, and that is the happiness of nations." |
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The AAAID Board of Directors third Meeting for the year
2010
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The AAAID Board of
Directors held the third meeting for the year 2010 in the Regional Office in
Dubai city in the UAE , on Saturday 19 June 2010 , under the chairman of H.E Ali
Saeed Alsharhan , chairman of the Board of Directors , the President of AAAID .
The meeting discussed several important topics related to reform the conditions
of AAAID companies and some of its projects .
The meeting issued several decisions included the approval of the new
organizational structure according to the Administrative Manual and the salaries
structure , also the approval to establish an agricultural services company in
the Islamic Republic of Mauritania with a capital of about 3 million dollar , to
provide all kind of modern farming services for the Mauritanian farmers as
in-kind contribution reached 50 % of its capital , paid as agricultural
equipment .
In order to adapt the Zero-Tillage Farming Technology in Sudan , the Board of
Directors agreed to increase the contribution in Almuzdana Company for
Zero-Tillage Farming Services – in Sudan by 15% of its capital that estimated of
6 million USD , the company which basically established to provide the
Zero-Tillage Farming technology.
The next meeting scheduled to be held on October 2010 in the AAAID Headquarter
in Khartoum -Sudan |
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H .E
.The president of AAAID Meetings
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H .E .The president of AAAID
Meetings with:
United Arab Emirates
Ambassador in Sudan
H.E. Mr. Ali Saeed Alsharhan
the president of AAAID has
visited the embassy of the
United Arab Emirates , and
he met H.E. Hassan Ahmed
Alshahi , the Ambassador of
the United Arab Emirates in
Khartoum and at the outset
of his visit Mr. Alsharhan
has presented a
comprehensive explanation on
the AAAID and its work plan
, projects , and the
activities that been
implemented during the
previous period , pointing
the approval of the new
administrative structure and
ongoing preparations for
implementation , also he
pointed the AAAID efforts to
invite the investors and
Arab private sector
specially gulf area to study
the investing opportunities
in Arab countries .
And following a welcome to
H.E Mr. Alsharhan , H.E. the
Ambassador expressed his
pleasure of the visit and
his appreciation to the
AAAID and its efforts in
enhancing the joint Arab
action , appointing the
economic recovery in Sudan
and the political stability
that prevailing lately
stressing his commitment to
support the AAAID to its
important role that plays in
the investment and economic
aspects in the Arab world ,
which will guide to link the
Arab interests and the
benefits will be obtained
and the positive impact on
the Arab citizens , and also
he addressed the Arab
countries pursuit to enhance
cooperation with external
world in the different
aspects , which make a
necessary need to support
and develop intra-region
trade by creating capital
and guiding the Arab polices
plus the requiring
facilities to reach the
aimed goals .

H.E the
Ambassador of Tunisia in Khartoum
H.E the president of AAAID
presented a full report on
the AAAID and its activities
and the work plan in the
Arab member countries, in
Tunisia particularly ,
reflecting the impressions
of the delegate of the gulf
private sector investors who
accompany H.E. During his
visit to Tunisia in May 2010
, during his meeting with
H.E. Mr. Saeed Naser Ramadan
the Ambassador of Tunisia in
Sudan , during the visit to
the Tunisia embassy in
Khartoum city.
And he reflected his
pleasure to the fruitful
results of the visits and
the negotiations which been
made with the Tunisia
government , expressing his
appreciation to the generous
hospitality and warm
reception , expressing the
AAAID willingness to enhance
and develop the agricultural
investments in the republic
of Tunisia .
And for his part H.E the
ambassador of Tunisia
welcomed H.E the president
of the AAAID wished to
promote the relationship
between the republic of
Tunisia and the AAAID and to
take advantage of the
expansion of the investment
in addition to the
privileges that attracting
investment ,
Expressing his willingness
to provide all the possible
support that AAAID can be
needed in this regard .

The ambassador of
Sultanate of Oman in Khartoum
H.E Mr. Ali Saeed Alsharhan the
president of AAAID expressed his
deep regret and influenced on
the storm witch hit the
different areas of Sultanate
Oman ,and his confidence that
the leadership of Oman will
overcome all the repercussions
of this natural crises and its
influences , all above was
during the meeting with his
Excellency Mr. Abd Rashid
Almadlwi
The ambassador of Sultanate of
Oman during his visit to the
Embassy of Oman in Khartoum .
Also the visit included a
presentation on AAAID and its
projects in the members states
presented to H.E the Ambassador
, and the current directive to
activate the private sector and
its efficiency in the
agricultural investment , in
addition to the presentation of
the visit results of the H.E the
president of AAAID and number of
gulf private sector investors to
Mauritania , Tunisia , and
Morocco to identify the
investing opportunities
available there , also H.E. the
president of AAAID spread wide
space of his talks and
explanations to H.E. the
Ambassador on the Agricultural
Holding Company renewing the
invitation to government of
sultanate Oman to participate in
.
And for that H.E the Ambassador
expressed his deep appreciation
for AAAID and to H.E the
President showing his welcoming
to the visit and his blessing to
the efforts during this stage
which include the new
administrative structure of
AAAID and the rehabilitation of
its projects , stressing the
importance of the support that
should be provided to AAAID on
its aims to take advantage of
the abundant resources that
available in the Arab world to
ensure food .

H.E the Ambassador of the Islamic Republic of Mauritania/ Khartoum
H.E. Mr. Ali Alsharhan the
president of AAAAID expressed
his grateful and appreciation to
the government of Mauritania for
the generous invitation to the
AAAID and a group of gulf
investors to define the
available agricultural investing
opportunities , that was during
his meeting with H.E Mr.
Alhassan Wild Mohamed Wild Awan
. the Ambassador of the Islamic
Republic of Mauritania in Sudan
during his visit to the location
of the embassy in Khartoum .
H.E. the president expressed his
wishes and aspiration to expand
the agricultural investment in
Mauritania and to advantage of
its various natural and
resources particularly the
fisheries and livestock , which
will enhance the benefits and
advantages in Mauritania and
Arab world .
H.E. the Ambassador thanked H.E.
the President of AAAID and he
welcomed the visit and praised
the role played by the AAAID in
stimulating the private sector
to participate in the
agricultural investment and the
way to get the maximum benefits
of the resources of the Arab
world as general and Mauritania
particularly.

The manager of strategic planning in Kenana sugar company
H.E. Mr. Ali Saeed Al Shrhan
the president of the AAAID
met in his office in the
AAAID headquarter in
Khartoum Mr. Hassan
Abdelrahman the strategic
planning manager in Kenana
sugar company (the general
manger of the White Nile
Sugar Co)this meeting was
due to the invitation that
presented by the AAAID, to
discuss the ways of
cooperation and coordination
between the AAAID and Kenana
Sugar Co and the related
aspects of the agricultural
operations, processing,
marketing and distribution
beside other issues. The two
sides assured the necessity
mutual cooperation to
achieve their common goals
and activate their role in
food security achievement by
developing the agricultural
sector in its various
aspects and provide an
integrated services by
taking advantage of the deep
experience of the both
institutions.
At the end of the meeting a
memorandum of understanding
has been singed and a mutual
joint program also was
approved by a team from each
side.

Mr. Mai Mussa Abari the representative of FAO in Sudan
H.E. Mr. Ali Saeed Alshrhan
the president of the AAAID
has met in his office in the
HQ of the AAAID H.E. Mai
Mussa Abari the reps of FAO
in Sudan and the meeting
discussed the ways of
coordination and cooperation
between the AAAID and FAO
organization, and the mutual
goals and the way to
contribute in food security
achievement and the
sustainable agricultural
development.
The two parts discussed the
fields of cooperation
between the two institutions
however the agricultural
field with its different
aspects and focusing on the
activities which aims to
raise up small scale
farmers’ capacity. Both
parts showed their keen and
willingness to provide their
experience and services to
the all issues that been
discussed during the meeting
and from his side H.E. the
president expressed his deep
appreciation to this visit
and he welcomed the
enhancement of the
cooperation between the
AAAID and FAO, which will
reflect a sustainable
positive impact on the
agricultural investment and
development.

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A Debate with HE Ali Bin Saeed Al Shrhan President of
the Arab Authority for Agricultural Investment and
Development
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In the name of Allah
the Compassionate, the Merciful, Alsslamu Alaikum Warahmatullahi Wabarakatuhu.
Before beginning the debate I would like to extend to your Excellency my
gratitude and appreciation for giving us and the dear readers the opportunity to
find out the AAAID work directives from your point of view after receiving your
duties at the top of AAAID management and your philosophy in dealing with the
emerging domestic, regional, international latest developments and events, and
your evaluation of what the AAAID have provided during the previous period and
your vision about its future and the scientific methodology you stand on in this
regard.
AAAID is a huge Arabic
institution, established three decades ago…. How do you see it now?
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The blessed initiative adopted by
the Arab nations when they
established AAAID, was a result of
the perceived importance of
attaining food security for its
people and for the perfect use of
its promising resources.During the
previous period , AAAID created a
unique and great monument at the
level of the states in spite of the
difficulties which faced the
investment and development
promotion, AAAID achieved huge
reforms in developing agricultural
investment alternatives through
activating the partnership with the
private sector and expanding the
base of participation in the
provision of food security
commodities and updating its
administrative and technical systems
to keep pace with the private sector
partnership.

It is a pleasure to say that
a careful look at the annual report
reveals that AAAID’s efforts as a
joint Arab entity enabled it to
maintain its position during this
period …..In spite of the impacts of
the international financial crisis
and its huge implications which
affected the stability of the global
markets , AAAID was able to maintain
its solid financial position and to
continue playing its investment and
development role. |
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The world in the two previous years
has witnessed hot events
particularly in the financial and
economic area , and AAAID is a part
of all … we look forward to know
your view in this regard ?
The biggest challenges facing our
countries today is the food security
problem from which the whole world
is suffering. And of course huge
part of our Arab states, and perhaps
the main reason behind it is the
unbalanced market supply for these
commodities evidenced by a worldwide
shortage of supply which caused
unprecedented rise in prices.
It is clear that the frightening
image of the food security
situations requires collective
efforts and support for AAAID and
its program, and the multi-activity
agricultural companies – that AAAID
has established in partnership with
the private sector in the Arab World
and this does not prevent
governments’ involvement in this
blessed investment process to take
all the necessary measures to
confront the risks of food crises by
doubling the resources allocated for
improving and diversifying the
agricultural production in the Arab
countries in addition to the other
governmental facilities.
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What about Sudan – the state of AAAID
headquarters ?
Firstly I would like to
extend my thanks and deep gratitude to the Republic of Sudan- the generous land
of the two Niles– to its president , government and people for their good
treatment and generous hospitality , this leads me to talk about why Sudan been
chosen by Arab Leaders to be the host state of AAAID , this suggestion was not
just coincidental but because of the huge natural and agricultural resources
that Sudan enjoyed which enable it to play a pivotal role in securing food for
the Arab Nation, particularly as it is nominated among three countries with
Australia and Canada to resolve the problem of food in the world.
Some difficulties emerged on the global
level specially the financial and economic, during the three previous years and
its implications are still visible , and cast a shadow on the different sectors
mainly the agricultural and financial sectors and no doubt AAAID also was
affected .. your Excellency do you have any comments about that ?
According to God’s will and
the joint efforts with my brothers in the Board of Directors, AAAID started in
the year 2009 to take carful steps towards the required change to confront
several urgent issues within and outside of AAAID under the shadow of the
developments and new events that took place on the regional and international
arena, without upsetting the balance of AAAID by taking serious steps to develop
performance with the lowest costs and facilitate the decision making process and
at the same time the careful study and organizational control.

A lot of talks Recently circulated
about the administrative aspects and structural measures that AAAID has been
working on for about a year under your leadership … perhaps our readers may need
to know more in this regard?
According to the concept of decision
making , each administrative
decision must be based on strong
merits that reflect the technical
situation in line with the
objectives and the available
abilities, in this regard we have
conducted a careful study which
paved the way to correct some
decisions which were about to drown
AAAID in financial burdens that are
beyond its budget. Due to the
reduction of the expenditure and the
administrative budget for the year
2009 by about 40% compared to 2008
budget , we had to adopt a style
based on avoiding overspending and
the best utilization of the
financial sources.
Restructuring is considered a
difficult task which face any
foundation according to the previous
cases in several international and
regional organizations . These cases
gave us rich experiments to benefit
from , accordingly we began
attracting the qualified cadres in
the management of AAAID and its
companies.
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And what more ?
We also prepared the
administrative manual and the structural organization in order to manage the
change to maximize the productivity , efficiency and effectiveness and the
efficient management and utilization of available and potential human resources
in AAAID, beside the special initiative to form the audit committee to activate
the corporate governance and the internal financial control systems within AAAID,
in order to provide the required recommendations to achieve the desired
transparency. We also developed and strengthened the financial system and the
basis followed in the selection of AAAID representatives in the boards of
affiliated companies.
What is the role of the Board of
Directors ? And what is the communiction mechanisms that was followed ?
There are a lot of efforts
done to entrench the principles of clarity in all of AAAID transactions ,
according to my commitment since I assumed my responsibilities as a president of
AAAID, by the continuous communication with the members of the Board of
Directors , and by informing them step by step about all the matters concerning
their assigned tasks to represent the shareholders of AAAID, and the provision
of information for the meetings of the board of directors with more clarity ,
which enabled us to make decisions faster and also added the efficiency and
vitality to the board meetings.
Through our monitoring of events in AAAID, we noticed some activities that need
to be reprioritized to be in line with objectives and implement them easily.

This was about the Administrative and
structural side, what about your investment activities?
During 2009 AAAID’s profits
reached more than 13 million Kuwaiti Dinars (equivalent to 47 million US
dollars) against a loss of 37 million Kuwaiti Dinars (equivalent to 133 million
US dollars) for the year 2008 and the income from dividends and loans reached
3.5 million Kuwaiti Dinars (equivalent to 12 million US dollars ) enabled AAAID
to cover all the administrative budget.
The efforts continued during 2009 in the studies of the performance of troubled
companies based on reforming the executive management of those companies and
developing them in coordination with the boards of directors and supporting them
by qualified elements and we do believe that Allah will bless us to complete the
full and careful evaluation of all the human resource elements in those
companies.
As result we can say that we
noticed an improvement in
the performance of several
companies and some were
transformed from loss making
to profitable companies, the
work is progressing to put
other companies in their
right track, such as Almarga
and Agro-Zetex in Tunisia,
Alfayum Sugar works Co.
Egypt, Arab Fisheries Co. in
Saudi Arabia, Manafiz
Alhboub Co. in Morocco, and
most of AAAID companies in
Sudan such as the Arab
Poultry Production and
Processing Co. and Arab
Sudanese Vegetable Oil Co.
And God willing we expect
that four companies will
start its commercial
production during 2010, the
companies are : Arab Shrimp
Co. Saudi Arabia , Arab
Cooperative company for
poultry production Saudi
Arabia, White Nile Sugar Co.
Sudan, Arab Co. for
Veterinary Medicines Sudan .
The projects handled by
AAAID project department
reached 33 during 2009 on
the basis of the new
strategic principles of
AAAID which focus on the
large and medium strategic
projects and the significant
role of AAAID in
agricultural investment with
the efficient contribution
of the private sector.
AAAID continued its activity
by supervising the
implementation of veterinary
medicines project and
rehabilitation of the Arab
Sudanese vegetable oils
company and the provision of
technical support for the
Arab poultry company by
providing consultancy
services for these companies
in Sudan.
AAAID in cooperation with
the private sector in the
states of Gulf Cooperation
Council is in the process of
establishing an investment
company which is assigned to
establish agricultural
projects to produce various
strategic commodities like
grain, fodders, and others.
It was also agreed with a
group of Kuwaiti investors
to establish a company for
dairy production and
processing in Kuwait, to
cover part of Kuwaiti needs
of dairy products.
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AAAID made huge efforts in the field
of agricultural research and its
applications in many member states,
and achieved bright witnessed
successes … would you tell us about
this part ?
AAAID started the field
trials and observations in the research stations in Sudan , Mauritania , and the
Union of the Comoros, and continued its efforts in transferring adapting and
spreading of the Zero-Tillage Farming System among the small-farmers in rain fed
sector in Sudan, Tunisia, Morocco, Jordan and Syria . AAAID also continued its
efforts to activate and control the developmental programs during 2009 either
directly or through the trust fund and here we would like to mention that AAAID
continued its development support to Palestinian people, and the targeted
projects have been implemented in cooperation with UN and international
Organizations.

Would you tell us about yoor evaluation
of AAAID previous period and your vision about the future ?
If you take closer look at
AAAID history during the past three decades in relation to its tasks,
achievements , developments and its strengths and weaknesses, and the coming
future you will find out that AAAID, no doubt needs to adapt to a group of
variables whether local , regional or international which require planed and
flexible changes in the light of a sound strategic plan to erase all the
negative impacts of the past and look forward to finding the suitable
alternatives for new gains and future success that support food security.
Is there specific methodology to
achieve that?
We look upon the strategic
plan cores of AAAID which will cover the next five years bring new directives to
be contributed to by all starting from the board of shareholders, the board of
directors , to AAAID Management , the staff and affiliated companies, in
addition to acquiring the help of recognized international expertise in this
field, and it is important to study the polices and systems related to risk
management , and sustainability , and to support the capabilities of the human
resource provided that this change is linked to integrity, uprightness and
accountability.
This is a great job and a wide vision …
so is there specific bases you stand on in reaching your objectives and goals?
The strategic plan that we
look forward to is based on a set of cores and aspects , mainly the following :
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Accountability …
through series of performance measurement programs
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Efficient management of
AAAID resources and the required measurement tools for the applied polices.
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Developing the
strategic planning and activating investment and development programs in the
Arab world with enhanced methodology and added value.
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Enhancing AAAID image
on the local, regional, and international levels.
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It is important to
point out that AAAID looks at this strategic plan as a dynamic launching
platform that is capable of being developed and supports the required
adaption and change.
In conclusion your Excellency .. do you
have more words to say ?
I would like to repeat my
thanks to the Republic of Sudan its President , government and people for the
good treatment and generous hospitality and for the unlimited support it
provides to AAAID and its projects in Sudan and my deep thanks and gratitude to
the government of the United Arab Emirates for the appreciated facilities it
provides to our regional office in Dubai ,UAE , and Alsalamu Alykom wa Rahmato
ALLAH Wbarakatou.

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The Meetings and Interviews of H E President of AAAID
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HE The president of AAAID Meetings with:
Meeting with H E the Minister of Agriculture of the Blue Nile State
HE President of AAAID has
met in his office at the
head quarter of AAAID H E
Mr. Zayid Essa Zayid the
Minister of Agriculture of
the Blue Nile State in Sudan
on Thursday 26 August 2010 .
At the beginning of the
visit HE President of AAAID
welcomed him and showed his
appreciation to his interest
and support to the Arab
Sudanese Blue Nile
Agricultural Co. stressing
the need to attract
more of investments through
the Arab Financial
Institutions to
support the developmental
projects which include
digging a
canal for irrigation in Agadi area to make full use
of the available
agricultural land to produce
various crops and enabling a
good rural environment for
agriculture for the benefit
of the community there.
And for his part , HE the
minister expressed the
ministry concern to develop
the region and his
willingness to provide the
necessary support to the
Arab Sudanese Blue Nile
Agricultural Co , pointing
out the approval of the
government of the Blue Nile
State for the sale of the
cotton gin in Damazin to the
company, praising the close
monitoring for the work ,
that done by company
management .
At the end of the visit HE
president of AAAID extend
his thanks and appreciation
to H E the minister for the
visit emphasizing AAAID’s
concern to support the
company and to contribute in
the development and
improving of the area , and
he showed his willingness to
visit the Blue Nile State
before the end of the year .
The
meeting with H E Ambassador of Iraq in Sudan
HE Mr. Ali Saeed Alsharhan
President of AAAID reviewed
AAAID’s achievements in
developing the Arab
agriculture by using modern
farming technologies and the
management of the revolve
loans , that was during his
meeting with H E Dr. Salih
Hussen Ali Altamimi
Ambassador of Iraq Republic
in Sudan who visited the
main headquarters of AAAID
in Khartoum on Thursday 26
August 2010 .
HE president of AAAID
stressed the importance of
attracting the private
sector and activate its
contribution in the Arab
agricultural investment and
remove all the impediments
which restrict the efficient
contribution , and enabling
appropriated environment for
agricultural process in
accordance with the concern
authorities and support the
infrastructures of the
agricultural projects , as
he pointed out to the
importance of activating and
promoting the youth role in
establishing these projects
, praised the experience of
Alsafa Co in Sultanate of
Oman and Alrwabi Co in the
UAE and their success job in
exporting the agricultural
productions .
And for his part, H E the
ambassador praised the kind
efforts of AAAID to develop
and improve the Arab Agric
sector, and he suggested to
universe its significant
experiences among all
concerned parts of
agriculture , expressing his
willing to provide the
necessary support to AAAID ,
regarding its projects in
Iraq .
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AAAID Board of Directors held its first meeting for the
year 2010
The Board of Directors of AAAID held its first meeting for the year 2010 in the
period 2-4 March 2010 in Khartoum/ Sudan. The meeting was chaired by H.E. Mr.
Ali Bin Saeed Al-Sharhan, President of AAAID.
The meeting was started by a speech delivered by H.E. the President of AAAID, as
this meeting was the first meeting of the Board to be held in Khartoum for over
9 years. Selection of Khartoum for this meeting came according to a suggestion
by Mr. Al-Sharhan who is the new President for AAAID who took over the current
presidency term since about a year. In his speech, the President affirmed that
AAAID is the first investment pot at which the founders and shareholders of
AAAID are looking for achieving food security in the Arab region. He stressed
the vitality of providing additional financial support to AAAID to enable
doubling its contribution to food security. He also emphasized the importance of
AAAID projects in Sudan, pointing to the fact that the selection of Sudan by
Arab leaders for the location of AAAID main office was based on the abundance of
natural resources with which the Sudan is endowed, and that such resources
qualify Sudan to play a vital role in boosting food security for the Arab
nation. He stated that AAAID profits for the year 2009 amounted to about $48
million, compared to losses in 2008. (Full
version of the speech – in Arabic).
The resolutions adopted by the Board covered many issues, among the most
important of which were: the agenda for the Board of Shareholders’ 34th meeting
scheduled to be held in the period 7-8 April 2010 in Khartoum, approval of
submitting recommendations to the Board of Shareholding for approval of AAAID
investment program for the year 2010-2011, AAAID closing accounts for the
financial year 2009, assigning auditors for AAAID accounts for the year 2010,
and AAAID annual report for 2009. The resolutions adopted by the Board also
included selection of a sample of a logo as a new AAAID logo, in addition to a
number of resolutions pertaining to AAAID activities and internal affairs.
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AAAID Granted a loan of $ 12 million to the Arab
Sudanese Blue Nile Agricultural Company (Agadi)
In his office in Khartoum, today Monday 18th
January 2010, H.E. Mr. Ali Bin
Saeed Al-Sharhan, President of the Arab Authority for Agricultural Investment
and Development (AAAID), signed a loan agreement according to which AAAID grants
a $ 12 million loan to the Arab Sudanese Blue Nile Agricultural Company (ASBNACO)
to finance the operational needs of the company for the agricultural season 2010
- 2011. Eng. Omer Marzoug, the general manager of the company, signed for the
company. .
This comes in the framework of the technical and financial support provided by
AAAID to its affiliated companies in Sudan, the host country for AAAID.
Following the signing of the agreement, H.E. the President of AAAID stated that
AAAID is doing its best to enhance the performance of its affiliated companies,
especially in Sudan, and is preparing an ambitious plan for rehabilitation of
the companies which need rehabilitation, beside shareholding in numerous
agricultural companies in Sudan, such as the White Nile Sugar Company. He
assured the great role that can be played by Sudan with its capabilities and
natural resources for achieving Arab food security. He praised the role of the
Government of Sudan in providing all necessary facilitation for AAAID companies,
and expressed his appreciation of the developmental progress which Sudan
witnesses in various fields.
On his part, Mr. Omer Marzoug, the general manager of the company, stated that
the loan allows the company to expand the area under cultivation in the next
season to reach 60,000 feddans, adopting zero-tillage farming system, and
applying the latest agricultural technology, to achieve the highest yields in
all crops which the company intends to grow according to its agricultural plan.
He also explained that the loan would create local job opportunities and
accommodate a number of the agricultural graduates who have already been trained
by AAAID on the latest technologies. He added that the company has achieved high
yields this season, despite the experienced adverse climatic conditions of
rainfall scarcity in some areas.
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Board
of Directors’ 5th Meeting for 2009
The
Board of Directors of AAAID held its 5th meeting for the year 2009 on 16-17
December, Cairo, Arab Republic of Egypt, Chaired by H.E. Mr. Ali Bin Saeed Al-Sharhan,
president of AAAID.
At the beginning of the meeting, the Board welcomd H.E. Mr. Najah Kareem Abd,
representative of the Republic of Iraq, succeeding H.E. Mr. Salah El-Dein Kazim
Aziz, for whom the Board expressed thanks and great appreciation to his efforts
during the period he was a member of the Board. The minutes of the 4th meeting
of the Board were then ratified, and the Board took note of what have been
implemented of its resolutions and recommendations pertaining to those minutes.
The Board reviewed the production and financial performance of AAAID companies,
the performance of the financing and lending activity for the last quarter of
2009, as well as the performance of the investment portfolios. The Board also
reviewed the management memorandum on the administrative manual (organizational
system) of AAAID and listened to the presentation delivered by the consultant in
this regard.
In addition, the Board considered the general framework of the strategic plan
guidelines and expressed its recognition of the determinants contained therein.
The Board then decided to give members a sufficient time to study that subject
and complete the elements of the plan in preparation for a full discussion in a
separate meeting of the Board, to be convened in Dubai within a month from date,
in order to take the appropriate decision .
In the light of the presented items and the objective discussions made regarding
them, the Board adopted a series of important resolutions. Those resolutions
included, among other decisions, renaming AAAID representatives in the boards of
directors of some of the companies, approval of granting the Arab Sudanese Blue
Nile Agricultural Company (Agadi) / Sudan an operational loan in the amount of
about $12 million, approval of payment of AAAID share in the capital increase of
the Arab Company for Crop Production / Sudan which amounts to $6,331,200,
approval of the draft administrative budget of AAAID for the year 2010 in the
limits of KD 5,476,000, in addition to some other decisions concerning
administrative and internal matters.
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The Founding Committee for the Arab Holding Agricultural
Company held its 4th Meeting
Chaired by H.E. Mr. Ali Bin Saeed Al-Sharhan,
President of the Arab Authority for Agricultural
Investment and Development (AAAID), the founding
committee of the Arab agricultural holding
company held its 4th meeting in the headquarters
of the Ministry of Finance in Riyadh, K.S.A., on
Saturday, 19th December, 2009.
After welcoming the honorable members of the
Founding Committee, H.E. Mr. Al-Sharhan
expressed his sincere thanks and appreciation to
H.E. Dr. / Suleiman Bin Mohammed Al-Turki,
member of the Board of Directors of AAAID, and
to the Ministry of Finance, K.S.A., for the
spirit of cooperation, seriousness, and keenness
towards establishing the company, hoping that
those efforts lead to success. The agenda of the
meeting was then discussed. The meeting took a
number of decisions and proposals pertaining to
the organizational and financial aspects of the
company, such as technical teams and anticipated
shareholders in addition to the current
founders.
It is worth mention that the establishment of
this company came in accordance with the
directives and resolutions of the Board of
Shareholders of AAAID, and the Memorandum of
Understanding which was signed by H.E. the
President of AAAID with Tabuk Company for
Agricultural Development, Janat Investment
Company, in addition to other companies and
investors, to establish an agricultural
investment company to contribute in achieving
Arab food security and strengthening the role of
the private sector in achieving sustainable
development in the Arab world. The objective of
the company is to invest in the areas of
agricultural production, both plant and animal,
agricultural processing, agricultural services,
and financing and agricultural marketing, in the
Arab and Muslim countries in accordance with
comparative advantage for investment, giving
priority to the production of grains and fodder.
It also aims at developing the productive
capabilities of smallholder and medium-sized
producers, the transfer of advanced agricultural
technology, as well as contributing to the
development of infrastructure which supports
agricultural handling and marketing.
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H. E. the President of AAAID Participate in the 8th
Conference of the Arab Thought Foundation
AAAID participated in the 8th conference of the Arab Thought Foundation, 8-9
December, 2009, Kuwait, with a high level delegation headed by H. E. Mr. Ali Bin
Saeed Alsharhan, president of AAAID. The conference was attended by H.H. Sheikh
Sabah Al-Ahmed Al-Jaber, Emir of Kuwait, and H.H. Prince Khalid Al-Faisal,
President of the Arab Thought Foundation.
The speech delivered by H.E. the President of AAAID addressed the fundamental
changes taking place in the world lately and their repercussions and impact on
Arab agriculture and food security in the future, particularly with respect to
the continuous and unprecedented rise in the prices of major food commodities
and the declining inventory levels of some of them. He also talked about the
emergence of AAAID and its endeavor to enhance the efforts of Arab countries
towards achieving food security by increasing investment in agricultural
projects, both in plant and animal sectors, and the implementation of
agricultural development programs within its investment projects.
H. E. the president of AAAID also outlined the main features of the future AAAID
strategy and its vision, which is based on four main dimensions, in the foremost
of which is development of human resources, both in terms of production
processes and consumption, followed by the role of the Arab agricultural media
and promotion of its capabilities. The third of these dimensions is to mobilize
the capabilities and resources available in Arab States including the political
will, the conformity of objectives and priorities at this critical stage at the
country and national levels, and strategic partners including the private sector
and Arab as well as international financial institutions. The interest in the
subject of Arab agricultural integration comes as the fourth dimension of AAAID
strategy for the future as it is the only way to achieve sustainable Arab food
security, in addition to the benefits of such integration for coordinating
between plans and policies for agricultural development in the Arab States, as
well as supporting production specialization, redistribution, and allocation of
the productive resources in a way that serves Arab agricultural development.
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Board of Director’s
4rd Meeting for 2009
Chaired by H. E Mr. Ali Bin Saeed Al Sharhan, president of AAAID, the Board of
Directors held its fourth meeting for the year 2009 on 1-2 October in Dubai -
United Arab Emirates.
The Board was briefed the Board on the production and financial performance of
AAAID companies, the performance of the financing and lending activity for the
third quarter of 2009, as well as the performance of investment portfolios. The
Board also took note of the reports on the field visits of H. E. the President
of AAAID to a number of companies and authorities with relevance to its
activities.
The Board has adopted a number of important resolutions, which included the
establishment of a $40-million portfolio for revolving operational loans, with
consideration of the possibility of providing alternatives to the credit lines
with financial institutions, in addition to some other administrative and
internal decisions.
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Extraordinary Meeting of the Board of
Shareholders
Istanbul, Turkey, 5 October 2009
The Board of shareholders of the Arab Authority
for Agricultural Investment and Development (AAAID) held an extraordinary meeting on Monday,
October 5th , 2009 in Istanbul, Turkey, on the sidelines of the annual meetings
of the Board of Governors of the World Bank and the International Monetary Fund
hosted by Turkey on 6-7 October 2009.
After discussions and deliberations during the meeting, the Board adopted a
number of important decisions the most important of which included approval of
the balance sheet of AAAID as at 31-12-2008, the final accounts and reserves for
the period ending on that date, and the report of the Board of Directors on
those items, as well as discharging the Board of Directors on its work in 2008.
The Board expressed its thanks and appreciation to His Excellency President
Abdullah Gul and the government and the people of Turkey for the warm welcome
and hospitality to the Board throughout its extraordinary meeting. The Board,
also thanked H. E. the President of the Board of directors of AAAID and the
members of the board of directors for their efforts and proper performance of
the duties assigned to them.
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H.E. The President
of AAAID visits Ministry of Finance and National
Economy, Sudan
H.E. Mr. Ali Bin Saeed Al-Sharhan, President of the Arab Authority for
Agricultural Investment and Development (AAAID) visited the Ministry of Finance
and National Economy of the Republic of Sudan on Wednesday, 22/7/2009. He met
with H.E. Dr. Awad Ahmed Al-Jaz, Minister of Finance and National Economy. The
meeting was attended by His Excellency Dr. Abdul Halim Al-Muta’afi, Minister of
Agriculture and Forestry, Mr. Sadiq Mohammed Hasabalrasool, State Minister of
Finance, Dr. Eltayib Mustafa Abu Qanaya, Undersecretary of the Ministry of
Finance - member of the board of directors of AAAID, a number of heads of AAAID
departments, and the General manager of the Arab Sudanese Blue Nile Agricultural
Company.
The meeting discussed the role of AAAID towards contributing in developing the
agricultural sector in Sudan and the Arab world. H.E. the Minister of Finance
explained that the Sudan relies on AAAID to play an effective role in the
agricultural mobilization spanning different areas in the country. He called for
doubling the role of AAAID in Sudan, especially with the growing global food
crisis. He explained that the Ministry of Finance is ready to resolve all the
obstacles facing AAAID.
H.E. the President of AAAID explained that AAAID has prepared a new plan to
boost its activity, including efforts to attract Arab financial institutions and
organizations working in the field of agriculture in addition to the private
sector. He also stated that AAAID signed a memorandum of understanding to
establish a public shareholding company to operate in the field of agriculture
and that the company would give a priority to Sudan with regard to investment.
Mr. Omar Marzouk, the General Manager of the Arab Sudanese Blue Nile
Agricultural Company (which is a partnership between AAAID and the Republic of
Sudan) explained that the company, with full collaboration with AAAID, has
introduced the zero-tillage farming system, which the country has begun to adopt
within the framework of the agricultural mobilization program, as the mentioned
system ensures the achievement of high yields. He also pointed out that the
company is expanding its cultivated area, aiming at reaching up to 160 thousand
acres in the coming years.
Then, Dr. Ayad Al-Heeti, Head of the Department of Agricultural Research and
Extension in AAAID, explained the role of AAAID in introducing modern
agricultural technologies, such as the zero-tillage farming system, modern
irrigation systems, and the introduction of new varieties of crops and
vegetables.
Followed that was the speech of Mr. Faisal Mehaisi, Head of Follw-up Department
in AAAID, in which he pointed out some of the obstacles faced by AAAID
companies, and called for efforts of the Government of the Sudan for resolving
those problems.
Dr. Shalan Alwan, Head of the Projects Department of AAAID, explained that there
is a number of projects under study by AAAID, including a number of projects in
the Sudan.
Then H.E. Dr. Mustafa Abu Qanaya, Under-Secretary of the Ministry of Finance and
Member of the Board of Directors of AAAID, stated that the problems that AAAID
companies face are not faced in the Sudan alone, but in a number of AAAID
companies in the Arab world. He pointed out that, with more coordination, such
problems could be solved.
Then H.E. Dr. Abdel-Halim Al-Muta’afi, Minister of Agriculture and Forestry,
expressed the Ministry's readiness to provide wide areas for the cultivation of
grains in participation with AAAID and a number of private investors.
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H.E. the President of AAAID visits Tunisia and Morocco
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In a visit to the Republic of Tunisia on 6/7/2009, H.E. Mr. Ali Bin Saeed
Al-Sharhan, President of the Arab Authority for Agricultural Investment and
Development (AAAID), met H.E. Dr. Mohammed El Nouri El Jouini, Minister of
Development and International Cooperation, Chairman of the Board of Shareholders
of AAAID for its current term. The meeting discussed several matters related to
the activities of AAAID. H.E. Mr. Al-Sharhan outlined that the new guidelines of
AAAID investment activity focus on partnership with the private sector.
H.E. the President of AAAID also met with H.E. Mr. Abdul Salam Mansour, Minister
of Agriculture in the Republic of Tunisia. The meeting discussed the existing
projects of partnership between AAAID and the private sector in Tunisia. Also
addressed in the meeting, which was attended by the Secretary of State in charge
of fishing, Mr. Abdul Razzak Da’lool, were the completed partnership projects in
the areas of animal husbandry and the techniques of direct sowing of grain. The
two sides agreed to intensify the partnership programs in the sector of meat,
dairy and manufacturing, as well as the quality of agricultural products and
expansion of the experience of direct sowing.
H.E. Mr. Al-Sharhan visited Al Marga Company for Livestock and Agricultural
Development, one of the companies in which AAAID is a shareholder. He viewed the
performance of the different activities of the company.
In his visit to the Kingdom of Morocco, H.E. Mr. Al-Sharhan visited Manafid Al
Hoboub company, which is one of the major companies in which AAAID is a
shareholder. He viewed the great advance achieved in the activities of the
company, which is considered a model in agricultural processing.
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Board
of Director’s 3rd meeting for 2009
Chaired by H. E. Mr. Ali Bin Saeed Al-Sharhan, president of AAAID, on 25th June
2009 the Board of Directors of AAAID held its 3rd meeting for the year 2009 in
Dubai – U.A.E.
The meeting issued a number of important resolutions on issues pertaining to
AAAID and a number of the companies in which AAAID is a shareholder, including
approvals and resolutions by the Executive Committee on which the Board took
note. The most important resolutions included the following:
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Granting of an operational
loan to one of the companies in which AAAID is a shareholder.
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Issuing a letter of
guarantee for one of AAAID companies for obtaining a loan from a bank.
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A welcome by the Board for
H.E. Mr./ Ibrahim Hassan Al-Jarwan as a Board member, who is replacing H.E.
Mr./ Saif bin Ali Al-Khatiri . Issuing a thanks and appreciation statement
to H.E. Mr./ Saif bin Ali Al-Khatiri for the valued efforts and contribution
to the Board during the period of his membership of the Board.
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Other resolutions on matters
relating to administrative and internal AAAID affairs.
The Board was also briefed on
reports of field visits by H. E. the President of AAAID to a number of AAAID
companies and some institutions and authorities with relevance to the activities
of AAAID. The Board also viewed the report on the production and financial
performance of a number of AAAID companies.
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AAAID Signs a Memorandum of Understanding with a Number
of Investors
With the Purpose of Establishing an Agricultural
Investment Company
H.E. Mr. Ali Bin Saeed Al-Sharhan, President of the Arab Authority for
Agricultural Investment and Development (AAAID), signed a memorandum of
understanding with each of Tabuk Company for Agricultural Development ( a Saudi
Stock Company) and Jannat Investment Company (a Saudi Stock Company), in
addition to a number of other companies and investors to establish an
agricultural investment company to contribute in achieving Arab food security
and strengthening the role of the private sector in achieving sustainable
development in the Arab region. Signing of the Memorandum of Understanding came
as implementation of AAAID Board of Shareholders’ resolution concerning the
establishment of investment companies to operate in the area of the production
of strategic crops for the Arab region (wheat, forages, … etc). The memorandum
was signed in the offices of Tabuk Company for Agricultural Development in the
Kingdom of Saudi Arabia.
The aim of the company under establishment is to invest in the areas of
agricultural production, both plant and animal, agricultural processing,
agricultural services, financing and agricultural marketing in the Arab and
Muslim countries in accordance with comparative advantage for investment, giving
priority to the production of grains and fodder. It also aims at developing the
productive capabilities of small and medium-sized producers, the transfer of
advanced agricultural technology, as well as contributing to the development of
infrastructure which supports agricultural handling and marketing. The
establishment of the company has come to utilize the available vast accumulated
expertise of founders in establishing companies with global competitive
capabilities.
A founding committee, headed by H. E. Mr. Ali Bin Saeed Al-Sharhan, President of
AAAID, was formed to complete the incorporation procedure. The agreement will
allow the addition of new founders when a need arises.
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Board of Shareholders’ 33rd Annual Meeting
15-16 April 2009
Within the annual meetings of Arab financial institutions, the Board of
Shareholders of AAAID held its 33rd annual meeting in the Dead Sea, Hashemite
Kingdom of Jordan.
The Board issued a number of resolutions, the most important of which included
the election of H.E. the representative of the Republic of Tunisia as chairman
of the Board for its 33rd term, H.E. the representative of the Hashemite Kingdom
of Jordan as chairman of the Board for its 34th term, and H.E. the
representative of the Sultanate of Oman as deputy chairman for the same term.
The resolutions also included some internal issues, approval of AAAID investment
program for the year 2009-2010 and appointment of external auditors for AAAID
accounts for the financial year ending 31st December 2009. The Board took notice
of what has been achieved regarding the study of establishing a company or
companies for production of cereals, forages and other agricultural crops, as
well as the study of inter-Arab agricultural investment obstacles and the ways
to solve such obstacles.
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Board
of Directors’ 2nd Meeting for 2009
Chaired by H. E. Mr. Ali Bin Saeed Alsharhan, president of AAAID, on 14th
April 2009 the Board of Directors of AAAID held its 2nd meeting for the year
2009 in the Dead Sea, Hashemite Kingdom of Jordan.
The meeting, which was held on the side of the annual meetings of Arab financial
institutions, issued a number of resolutions supporting the progress of Arab
agricultural investment.
The Board approved the proposal of AAAID management for establishing a program
for financing infrastructure and supporting AAAID strategic projects, and
requested AAAID management to continue coordination with Arab regional and
national funds and institutions.
The Board approved a memorandum of understanding for establishing a holding
agricultural investment company, as well as the necessary establishment expenses
which are to be paid by founders.
The Board took note of the Executive Committee approval of increasing the
shareholding of AAAID in the capital of the Arab Company for Crop Production,
Atbara/ Sudan, AAAID payment of part of it, and capitalizing the operational
loan granted by AAAID to the company in concurrence with the other shareholder.
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AAAID’s Board of Directors Held its 1st meeting for 2009
in Dubai, U.A.E.
The Board of Directors of AAAID held its 1st meeting for 2009 in Dubai, U.A.E.
The meeting was chaired by H.E. Mr. Ali Bin Saeed Ali Al-Sharhan, President of
AAAID.
The meeting made a number of resolutions, among the most important of which were
the following:-
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AAAID to continue
preparation of a study for establishing a company or companies for the
production of cereals and forages as well as other crops. Preparation is to
be conducted in collaboration with the International Fund for Agricultural
Development (IFAD). The Board also viewed the stages of a study of the
impediments to intra-Arab agricultural investment and the relevant
approaches for addressing them and issued its resolution for the study to be
submitted to the Board of Shareholders. It is worth mention that the Board
of Shareholders had directed AAAID management to prepare the mentioned two
studies.
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The participation of AAAID
in the establishment of the Arab Center for Genetic Engineering and
Biotechnology by contributing 33% of the project capital which is estimated
at about $6.5 million.
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Approval of AAAID draft
annual report for the year 2008 and directed for submitting the annual
report to the Board of Shareholders in its next meeting for approval.
The resolutions taken by the
Board of Directors’ in its meeting included a number of other matters that
relate to some of the companies in which AAAID holds shares, including existing
companies, companies under implementation, as well as some of the projects under
study, in addition to some internal affairs of AAAID.
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AAAID’s Board of
Directors Held its 135th Meeting in Dubai, U.A.E.
The Board of Directors of AAAID held its 135th meeting in the period 14-15
January 2009 in its regional office in Dubai, U.A.E. The meeting was chaired by
H.E. Mr. Ali Bin Saeed Al-Sharhan, President of AAAID.
The meeting made a number of resolutions. The first of them included a welcome
to H.E. Mr. Ali Bin Saeed Al-Sharhan as the new President of AAAID, assuring the
Board’s confidence that he would lead AAAID to more success and progress, as he
possesses the professional qualifications, knowledge and experience for that.
The resolution included the Board expression of thanks and appreciation to H.E.
Mr. Abdul Kareem Mohammad Al-Amri for his efforts and the success achieved
during the period he was a president of AAAID. It also included that a letter of
thanks and appreciation be issued in the name of the Board to H.E. Mr. Abdul
Kareem Al-Amri.
The other resolutions made by the Board’s meeting included a number of issues
related to a number of the existing companies in which AAAID has shareholdings,
a number of companies under implementation, some projects under study, in
addition to other internal matters concerning AAAID.
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H.E. Mr. Ali Bin
Saeed Al-Sharhan – President of AAAID
made site visits to companies
Immediately after the duties of AAAID presidency were handed over to him as of 4th
December 2008, H.E. Mr. Ali Bin Saeed Al-Sharhan – President of AAAID made site
visits to 3 AAAID companies in Sudan. The visits covered Arab Sudanese Vegetable
Oil Co., Almutamayiza for the Production of Vegetables and Fruits, and Arab
Poultry Production and Processing Co.
H.E. the President of AAAID
viewed the performance of companies and the obstacles they are facing. He stated
at the end of the site visits that there is a need for more coordination and
revitalization of cooperation between different parties related to the provision
of inputs to the companies, whether domestically or abroad, in addition to
focusing on marketing. He assured the commitment of AAAID towards finding
immediate proper solutions to attain the set goals.
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The Arab Authority
says farewell to its President, H.E. Mr. Abdul Kareem
Al-Amri, and welcome to its new President, H.E. Mr. Ali
Al-Sharhan
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H.E. Mr. Ali Bin Saeed Al-Sharhan
(right)
H.E. Mr. Abdul Kareem Mohammad Al-Amri (left) |
The Arab Authority for Agricultural Investment and Development (AAAID) held
a farewell ceremony for its President, H.E. Mr. Abdul Kareem Mohammad Al-Amri,
and a welcome reception for its new President, H.E. Mr. Ali Bin Saeed Al-Sharhan,
Monday 1st December 2008 in Al Salam Rotana Hotel in Khartoum. H.E. Mr. Al-Amri,
a United Arab Emirates citizen, completed his second presidential term on 4th
December 2008, and has thus spent ten years in the presidency of AAAID with its
head office in Khartoum, Republic of the Sudan, and its regional office in
Dubai, United Arab Emirates.
The ceremony witnessed a large attendance which included employees of AAAID and
a number of personalities and former officials of AAAID.
Similar to his expression of sincere gratitude to Sudan in the farewell ceremony
held on Sunday 30/11/2008 which was attended by a number of V.I.P.’s, officials
from the Sudanese government, Arab ambassadors, and representatives of
organizations, in his farewell speech of Monday 1st December 2008, H.E. Mr. Al-Amri
expressed his thanks and gratitude to the government and people of Sudan for the
support and encouragement he received from them during his work in Sudan. He
stated that he was proud of the exceptional honor he received from the President
of the Republic where he was awarded El Neilain Order (First Class), and of the
distinctive treatment he received from the government and people of Sudan. He
praised the economic developments which the Sudan witnessed and stated that the
natural resources which it possesses make it a key target for agricultural
investments. He pointed to the contribution of AAAID in strengthening Arab
partnerships in the agricultural sector and that its success confirms the
possibility of the success of joint Arab action in the economic sphere. He
stated that Mr. Al-Sharhan will continue the progress of AAAID and will receive
sincere cooperation and welcome from the people in Sudan and all Arab countries.
In both of the above mentioned farewell fests, as well as the various meetings
during the farewell week, Mr. Al-Amri expressed his thanks to all AAAID member
countries (20 states) governments and peoples for the support and cooperation he
received from them. He also expressed his sincere thanks to Excellencies the
members of AAAID Board of Shareholders, his colleagues Excellencies the current
and former members of the Board of Directors, Arab, regional and international
organizations, all AAAID current and former employees, particularly those who
served during his presidency period, and to the boards of directors, managers,
and employees of all companies in which AAAID is a shareholder.
H.E. Mr. Ali Saeed A-Sharhan, the succeeding president of AAAID, thanked the
attendants for the warm welcome he received from them and from various
officials. He commended Mr. Al-Amri and his success in achieving many
accomplishments for AAAID. He assured that he will continue fruitful cooperation
with Sudan and all member states.
A number of AAAID current and former employees gave speeches in which they
commended the great efforts made by Mr. Al-Amri towards developing the
performance of AAAID, and his care for Sudan and all Arab countries, as well as
the staff of AAAID and the companies in which it has shareholdings. They
expressed their welcome to the new president of AAAID and assured their support
to him. The ceremony included handing of gifts to Mr. Al-Amri from AAAID
employees in the main office in Khartoum, the regional office in Dubai, as well
as a number of companies in which AAAID is a shareholder.
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His Excellency the President of the Republic of Sudan
met H. E. the President of AAAID

His Excellency the President of the Republic of Sudan, Marshal Omer Hassan
Ahmed EL-Bashir, met H. E. Mr. Abdul Kareem Mohammad AL-Amri, President of the
Arab Authority for Agricultural Investment and Development (AAAID), on
Wednesday 19/11/2008 in the Guest House in Khartoum. H. E. the president of the
Republic of Sudan expressed his appreciation of the role of AAAID in supporting
the economic mobilization in Sudan, and particularly the agricultural part of
it. He confirmed Sudan’s full support to AAAID in order to fulfill its mission
and success in achieving its objective in Sudan.
In a press statement after the meeting, H. E. the President of AAAID expressed
his gratitude for the exceptional honor he received from H. E. the President of
the Republic of Sudan, represented in EL Neilain Order conferred to him before,
and for the special treatment from the Sudanese government and people during his
work in Sudan. H. E. Mr. AL-Amri stated that there is an intention for
establishing a large agricultural investment company. He added that Sudan is in
the top of the U.A.E. agricultural investment priorities. He expressed his
appreciation for the economic development which the Sudan has achieved, as well
as the natural resources which make the Sudan a major target for agricultural
investments.
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UNRWA and AAAID
cooperate to help poor Palestine refuges in Gaza and
Lebanon

The United Nations Relief and Works Agency (UNRWA) and the Arab Authority
for Agricultural Investment and Development (AAAID) are cooperating again to
help poor Palestine refuges in Gaza and Lebanon.
UNRWA’s Commissioner-General Ms. Karen Koning AbuZayd has signed three
agreements with AAAID’s President, H.E. Mr. Abdul Kareem Mohammad Al-Amri. The
ceremony took place on 28 September 2008 in the regional office of AAAID in
Dubai, U.A.E..
The first agreement of US$ 2 million will help UNRWA create jobs mainly related
to agriculture and fishery in Gaza. The number of beneficiaries directly
supported by this funding is 2,312 who in turn support approximately 11,560
dependents
AAAID is also assisting UNRWA with the reconstruction of houses belonging to
extremely poor families in South Lebanon, those who could not otherwise afford a
decent place to live. The Arab Authority is donating US$ 250,000 towards this
project.
AAAID is also contributing US$ 300,000 for a joint UNRWA/FAO project aiming at
enabling those with no resources to start their own agricultural activities,
developing the capacity of the agricultural sector in South Lebanon, and
building and improving the technical capacity of the Palestine refugee farmers
for better planning and production
The agreements, which worth US$ 2.55 million, will raise AAAID’s total donations
to the Agency to US$6.15 million in less than two years.
The Commissioner General expressed her deep appreciation to AAAID for its
continued support to UNRWA and the refugees it serves.
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AAAID’s Board of Directors Held Its 134th Meeting in
Dubai

The Board of Directors of AAAID held its 134th meeting in the period 10-11
September 2008 in its regional office in Dubai, U.A.E. The meeting was chaired
by H.E. Mr. Abdul Kareem Mohammad Al-Amri, President of AAAID.
Among the most important resolutions made by the Board were the following:
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Approval of increasing the percentage of AAAID share in the capital of
Asseer Company for Poultry Production / Saudi Arabia (which amounts to SR160
million), from 30% to 45%. The share of the Cooperative Association of Poultry
Producers in Asseer area would thus be 55%.
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Approval of providing a bank guarantee to a bank against providing a $50
million loan to White Nile Sugar Company.
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The Board took notice of the production and financial performance of
AAAID companies covered by the follow-up report which was presented to the
Board. The Board also took notice of the loans activity performance report.
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AAAID Inaugurated
its Library following Completion of its Expansion and
Modernization

H.E. Dr.
Eissa Basheri Mohamed – State Minister/ Ministry of
Science and Technology,
and H.E. Mr. Abdul Kareem Mohammad Al Amri – President
of AAAID
at the moment of cutting the ribbon in inaugurating
AAAID Library
The Arab Authority for Agricultural Investment and Development inaugurated its
library in the main office of AAAID in Khartoum, following completion of the
library expansion and modernization project. The inauguration took place on 17th
June 2008 where H.E. Mr. Abdul Kareem Mohammad AL-Amri, President of AAAID,
presented H.E. Dr. Eissa Basheri Mohamed, State Minister – Ministry of Science
and Technology, to cut the inauguration ribbon in a ceremony attended by
officials from the Ministry of Science and Technology and a number of university
vice presidents, deans of faculties of Agriculture and librarians.
H. E. the President of AAAID stated that the objective of developing the library
and establishing the electronic library was to support scientific research
following the growing role of agricultural information in developing
agriculture. He pointed out that the agricultural library supports agricultural
professionals to develop agricultural production and enhance food security. He
explained that the AAAID library has been supplied with scientific references
for the areas of plant production, animal production, and food agricultural
processing, and provided with the most advanced technologies and internet
service aiming at enabling researchers to obtain information. He noted that the
library is open for researchers, including scholars, university instructors,
professionals and graduate students in the above mentioned disciplines.
It is worth mentioning that, beside books, AAAID library has subscriptions into
about 150 periodicals, including 80 refereed journals in the aforementioned
disciplines and 70 specialized magazines. The journal subscriptions include
online subscription in 31 journals.
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The Board of Directors of AAAID held its 133rd meeting,
12/6/2008

The Board of Directors of AAAID held its 133rd meeting on 12 June 2008 in
AAAID's regional office in Dubai, U.A.E. Among the most important resolutions
made by the Board were the following:
• Maintaining AAAID's share in the
White Nile Sugar Project at 15% of the project's capital which is $220 million,
by increasing its shareholding amount from $22.5 million to $33 million,
following the increase in the project's capital.
• Approval of AAAID shareholding in a number of projects in member countries.
• Took note of the Executive Committee's approval of AAAID's contribution by
$200,000 in the date palm development projects which were proposed by the Arab
Center for the Studies of Arid Zones and Dry Lands (ACSAD).
• Granting loans to a number of the companies in which AAAID has
shareholdings. • Establishing a program, in the amount of $100
million, for granting revolving credit to small farmers in Arab countries. AAAID
contributes to the project by an amount of $10 million. AAAID would endeavor to
mobilize resources to the program from different financial institutions, and
would undertake supervision of lending operations and the provision of
agricultural services to farmers.
• Following the Board of Shareholders'
resolution for establishing a company or companies for investment in the Arab
countries which have comparative advantages for the production of cereals,
forages and other crops, the AAAID Board of Directors issued a resolution for
the preparation of a feasibility study for cereal and crop production, to start
with emphasis on wheat, identifying the available cultivable areas, and
encouraging farmers to produce it.
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The Board of Shareholders of AAAID Held its 32nd annual
meeting

Mr. H.E.
Abderrahmane Ould Hamma Vezzaz, the representative of
the Islamic Republic of Mauritania, chairman of the 32nd
term, inaugurated the meeting. The Board issued a number
of resolutions, the most important of which are the
following:
• Election of H.E. the representative of the Islamic
Republic of Mauritania as
chairman of the Board for its 32nd term, and H.E. the
representative of
Somalia as deputy chairman of the Board for the same
term.
• Election of H.E. the representative of the Republic of
Somalia as a deputy
chairman of the Board for its 33rd term, and H.E. the
representative of
Tunisia as deputy chairman of the Board for the same
term.
• Approval of AAAID balance sheet, the final accounts
and reserves, as at 31.12.2007.
• Authorizing the Board of Directors of AAAID to study
the establishment of
an investment company or companies, with shareholdings
by AAAID and
interested member states, financial institutions and the
private sector, to
invest in countries which have comparative advantages
for the production
of cereals and forages and other agricultural crops.
• Allocation of 10% of AAAID net income for the year
2007 to support the people of Palestine.
• Distribution of dividends to shareholders equivalent
to 5% of the paid-up capital.
• Approval of AAAID investment program for 2008-2009.
• Approval of the Republic of Djibouti for joining the
Agreement of Establishment of AAAID.
• Thanking H.E. the President, excellencies the members
of the Board of
directors, and the employees of AAAID, for their
fruitful efforts during
the year 2007.
It is worth mention that many of the members of AAAID Board of
Shareholders have
expressed their appreciation of the role of AAAID and
H.E. Mr. Abdul
Kareem Muhammad Al-Amri, President of AAAID, for his
great role in
developing the performance of AAAID.
H.E. Mr. Abdul Kareem Mohammad Al-Amri addressed the
Board of Directors meeting, briefing the Board on the
performance of AAAID. He explained in his statement that
AAAID has continued its efforts towards its objectives
of contributing in achieving food security in the Arab
region, where it focused on introducing and
disseminating modern production technologies and
establishing agricultural production models. The total
of AAAID investments in companies amounted to US$ 514
million, equivalent to 140% of paid-up capital. He
pointed to the solid financial position of AAAID, where
it distributed dividends to member states amounting to
US$ 333 million, equivalent to 91% of paid-up capital,
while shareholders' equity has amounted to US$ 696
million, equivalent to 190% of paid-up capital.
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The President of AAAID
Visits South Darfur

In response to an invitation by H. E. Mr. Ali Mahmoud Mohamed, Governor of the
state of South Darfur, H. E. Mr. Abdul Kareem Mohammed AL-Amri, President of
AAAID, visited the state of South Darfur in the period 6-7 March 2008,
accompanied by a team of experts from AAAID.
The AAAID team met with H. E. the Governor, the deputy governor, and a number of
ministers and technical staff in the ministries of finance, agriculture and
planning to discuss investment and development projects in the state. The team
also visited the veterinary laboratory, Niyala slautery, the agricultural
research station and a number of cattle and poultry rearers. The team visited
Dhia'ain municipality where it viewed Al Gazala Gawazat quarantine, and
discussed the possibility of utilizing the quarantine in a project for red meat
production which is currently under study by AAAID.
At the end of the mission, H. E. the president of AAAID, directed the concerned
departments in AAAID to study switching Al Gazala Gawazat scheme to an
investment project, in addition to studying the impact of two developmental
projects of milk processing and poultry production in Niyala. He directed for
drilling a number of wells in the area by utilizing the well drilling unit
established recently by AAAID, in addition to the implementation of projects for
the benefit of the population in the area, where such projects would be for
developing the growing of fruits and vegetables and the application of
zero-tillage farming system with the purpose of increasing grain yields in the
state.
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The President of AAAID and the Minister of
Agriculture in the Blue Nile State Discuss Agricultural
Development in the State

H. E. Mr. Abdul
Kareem Mohammed AL-Amri, President of AAAID, received in
his office in the Headquarters of AAAID in Khartoum, H.
E. Mr. Zayid Eissa Zayid, the Minister of Agriculture in
the Blue Nile State/ Sudan.
The meeting discussed the important role played by AAAID,
through its affiliated Arab Sudanese Blue Nile
Agricultural Company (Agadi), in making a break through
in rain-fed agriculture in the area by introducing
modern cultivation systems represented in the
Zero-Tillage farming system which resulted in about 400%
increase in crop yield, and which started to be
disseminated to other areas within Sudan as well as in
other member countries in AAAID. The meeting also
discussed rehabilitation of Damazine ginnery plant.
H. E. the Minister expressed his, as well as the state
government's, appreciation for the role of AAAID
represented in Agadi company as it is a vital model
which effected a break through in rain-fed agriculture
by introducing the zero-tillage farming technology. He
stated that there is a wide intention on the part of
farmers to grow cotton crop in the coming seasons
following the success achieved by the company. He
promised to exert all efforts by the state to solve any
problems which face the company, especially in cotton
ginnery.
H. E. The President of AAAID expressed his gratitude and
appreciation for the government of Sudan and the state
government for the emphasis they place on AAAID
projects. He assured that Agadi Company is one of the
companies on which AAAID places a special emphasis as it
has achieved a jump in agricultural productivity
following its adoption of modern technologies. He
assured AAAID's full technical and financial support to
the company which stands as a pride to the government of
Sudan and the government of the Blue Nile State. He
stated that AAAID, in coordination with the state
government, work to make necessary arrangements to solve
the problems of the ginnery and then rehabilitating it
to serve the company's production and the expected
expansion in cotton production in the state.
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H. E. The President of AAAID and H. E. the
Governor of S. Kordofan State Discuss Zero-Tillage
Experience

H. E. Mr. Abdul Kareem Mohammed AL-Amri, President of AAAID, received in his
office in Khartoum, H. E. Mr. Omer Suliman, the Governor of S. Kordofan State/
Sudan, and H. E. Eng. Khairi Al-Gaddal Arbab, the Minister of Agriculture in the
State.
The meeting discussed the experience of AAAID in the zero-tillage farming
technology transfer in the state, which achieved great success and wide
acceptance by farmers and officials in the state.
H. E. the Governor expressed his sincere thanks to AAAID and invited AAAID to
explore the possibility of introducing new crops for the purpose of
diversification of crop mix in the state and promised to extend all capabilities
of the state to the success of the experiment.
H. E. The President of AAAID expressed his thanks and appreciation for the state
government and its support to the efforts of AAAID towards achievement of its
objectives. He assured the support of AAAID towards contributing in developing
agriculture in the state.
The two sides agreed to expand the dissemination of the zero-tillage farming
system which started last season.
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H.E. the President of AAAID
visits the Arab Company for Crop Production

His Excellency Mr. Abdul Kareem Mohammad Al-Amri, President of the Arab
Authority for Agricultural Investment and Development AAAID)visited the project
of the Arab Company for Crop Production in Atbara, Nile State, Sudan,
accompanied by members of the company's board of directors and a number of AAAID
experts. The purpose of the visit was to closely oversee the processes of wheat
and alfalfa crops
production as well as the preparations for next season.
The current situation indicates high yields of wheat and alfalfa. Preliminary
estimates indicate that the wheat yield is expected to exceed 15 sacks per
feddan ( 1 feddan = 4200 sq.meters ).
His Excellency the President directed the Board of Directors and management of
the company to coordinate with all concerned authorities and relevant entities
to work on resolving the irrigation problems so that the project can operate to
achieve its objectives, which include contributing to food security by
production of wheat and other grain crops and effectively contribute in exports
by the production and processing of alfalfa for export.
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AAAID and UN-HABITAT signed an agreement for the establishment of
a Medical and Rehabilitation Center in the West Bank, occupied Palestinian
territories
On 18th July 2007, an agreement was signed, in
Khartoum, Sudan, between the Arab Authority for Agricultural Investment and
Development (AAAID) and the United Nations Human Settlements Programme
(UN-HABITAT) for the establishment of a Medical and Rehabilitation Center in the
Town of Taqua (Bethlehem), the West Bank, occupied Palestinian territories.
The agreement provides a framework of co-operation in the establishment of the
Medical and Rehabilitation Center. In accordance with the agreement, AAAID will
provide US $354,000 to finance the activities of the first phase of the Project
which includes the construction of the first 2 floors of the six floors Medical
and Rehabilitation Center.
The Medical Center will provide medical services to, and improve the health
status of, more than 30,000 people living in Taqua and its surrounding 12 rural
villages in Bethlehem. It will, in particular, provide emergency medical
services to the vulnerable population (poor women, children, the elderly and
persons with chronic diseases) who are unable to travel to other medical centers
in the area which often involves long waiting and arduous trips through check
points. It will contribute to the improvement of the living conditions of the
rural population in the area.
Dr. El Kheir Khalafalla, who signed the agreement on the part of AAAID, has, on
behalf of H. E. Mr. Abdul Kareem Mohammad Al-Amri, President of AAAID, welcomed
the cooperation with UN-HABITAT and reiterated the commitment of AAAID to
provide needed humanitarian assistance to mitigate the suffering of the
Palestinian People in the Occupied Territories.
Mr. Abdalla Abbas, who signed the agreement on the part of HABITAT, commended
the initiatives of AAAID towards poverty alleviation in the Arab World,
especially those undertaken to alleviate the suffering of the Palestinian
People. He expressed, on behalf of Mrs Anna Tibaijuka, Executive Director of
UN-HABITAT, his appreciation to H.E. Mr. Abdul Kareem Mohammed Al-Amri, AAAID
President, for the grant. He congratulated AAAID for its recent decision to
establish a Palestinian Unit and expressed readiness to fully co-operate with
the Chief of the unit.
Mr. Abbas said that the establishment of this center is part of a portfolio of
activities being currently implemented in the Palestinian territories within the
framework of the Special Human Settlements Programme for the Palestinian People.
He also expressed his hope that this co-operation in the establishment of the
Medical Center will be the beginning of further cooperation between the AAAID
and UN-HABITAT.
The land for the Medical Center was provided by the Medical Charitable Society
of Taqua at a total cost of $60,000.
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The Arab Authority continues the Application and Dissemination of Zero-Tillage
Farming System
The Arab Authority for Agricultural Investment and Development (AAAID) continues
the application and dissemination of the zero-tillage farming technology. Based
on the preparations made and the current rainfall, the farming season 2007/2008
in the rain-fed sector in Sudan is promising with excellent yields in the
various locations for applying this farming system. The Arab Sudanese Blue Nile
Agricultural Company (ASBNACO) is applying the system for the third commercial
production season. The grown crops include sorghum, sesame, cotton and
sunflower. The farmer locations for applying the system under the program for
technology transfer to small farmers, as well as the Pioneers Company for
Zero-tillage Farming, show proper preparations which indicate promising
productivities.
His Excellency Mr. Abdul Kareem Mohammad Al-Amri, President of AAAID, made many
visits to the sites of applying Zero-tillage farming system for this season. His
site visits spanned the preparation period to the sowing period. This is a
continuation of His Excellency’s visits to the sites of applying this farming
technology throughout all the stages of the farming operation for all the
previous years. He places a special emphasis on this farming technology as it
has a potential for effective contribution in developing Arab agriculture,
within other efforts.
It is worth mentioning that the crop yields under the zero-tillage farming
system amounted to fourfold the achieved yields under the traditional farming
systems. Therefore, AAAID aims at the dissemination of this farming technology
to other locations in Sudan and to a number of other Arab countries. The
achieved crop yields under this farming system stand as an open invitation to
all parties, and national, regional and international institutions and
organizations concerned with combating poverty, and with food security, and
sustainable rural and agricultural development in an effective manner, to work
for enabling farmers to apply this promising farming system which has achieved
proven success. For more information on the application and adaptation of
zero-tillage farming system click here.
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AAAID Organized The Third Seminar on Biotechnology and
its Applications in Arab Agricultural Investment, Amman,
Jordan, 21-24 May 2007
The Arab Authority for
Agricultural Investment and Development (AAAID), in
collaboration with the National Center for Agricultural
Research and Technology Transfer and the Islamic
Development Bank, organized the Third Seminar on
Biotechnology and its Applications in Arab Agricultural
Investment, Amman, Jordan, 21-24 May 2007 . The main
objectives of the seminar were: exchange of expertise
and successful applications among scientists and
investors, discuss the current status and applications
of biotechnology in agricultural investment and its
prospects, diagnose the constrains and problems facing
biotechnology implementation in agricultural development
in the Arab countries, and exploring the investment
opportunities in the Arab world. The papers presented in
the seminar covered different areas such as the role of
biotechnology in agricultural development and product
improvement and marketing, the potential of genetically
modified crops for Arab agriculture , the potential and
promising investments in biotechnology, bio-safety of
biotechnology products and their impact on the
environment and human health, and laws and regulations
controlling biotechnology products.
In his statement in the opening session, H.E. Mr. Abdul
Kareem Mohammed Al-Amri, President of AAAID, indicated
that the organization of the seminar was part of the
efforts of AAAID which aim at developing the
agricultural sector. He pointed out that the utilization
of biotechnology can enable the agricultural sector to
effectively contribute in poverty alleviation and in
achieving food security goals. He pointed to the
attention given by Arab countries towards the adoption
of such technology and to the valuable achievements by
national and international research centers in the
region. He concluded his speech by thanking H.M. King
Abdallah Bin Hussein and the government and the people
of the Hashemite Kingdom of Jordan for hosting and
facilitating holding the seminar. He also thanked H.E.
Dr. Marouf al-Bakhit, Prime Minister, under the auspices
of whom the seminar was held, and thanked Dr, Mustafa
Qurunfilah, Minister of Agriculture for participating in
the seminar as well as for supporting the programs of
AAAID in Jordan. He also thanked the co-organizers and
the united Arab Emirates University for their sincere
efforts which led the seminar to success.
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The Board of Shareholders of the Arab Authority for
Agricultural Investment and Development (AAAID) held its
31st annual meeting in the period 11-12 April 2007 in
Beirut, Republic of Lebanon, within the annual meetings
of Arab Financial Institutions.
The Board issued a number of
resolutions, the most important of which are the
following:
-
Election of H.E. the
representative of the State of Qatar as chairman of
the Board for its 31st term.
-
Election of H.E. the
representative of the Republic of Somalia as a
deputy chairman for the Board for its 31st term.
-
Approval of AAAID balance
sheet, the final accounts and reserves as at
31.12.2006.
-
Allocation of 10% of AAAID
net income for the year 2006 to support the people
of Palestine.
-
Distribution of dividends
to shareholders equivalent to 5% of the paid-up
capital.
-
Approval of AAAID
investment program for 2007-2008.
H.E. Dr. Mohamed Khalfan Bin
Kharbash, chairman of the Board of Shareholders for its
30th term expressed his appreciation of the achievements
of AAAID in the areas of its investment and development
activities and its solid financial position.
H. E. Mr. Abdul Kareem Mohammad Al-Amri addressed the
Board of Directors meeting, briefing the Board on the
performance of AAAID. He explained in his statement that
the total agricultural investment activity amounted to
US$ 454 million, equivalent to 131% of paid-up capital,
distributed profits amounted to 91% of paid-up capital,
whereas shareholders’ equity has doubled, amounting to
nearly 700 US$ million. He indicated that AAAID has
presented a real addition to Arab agriculture by
introducing zero-tillage farming technology which
achieved a jump in productivity amounting to about 400%
percent increase in crop yields over the yields achieved
under the traditional farming systems. It is thus
anticipated to effectively contribute in developing
agriculture and food security
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AAAID organized a Workshop on the Production of
Fertilizers in Sudan:

The Arab
Authority for Agricultural Investment and Development
organized a workshop for discussing the idea of
establishing an investment project for the production of
fertilizers in Sudan. The workshop was held on Tuesday
December 2006 in the main office of AAAID in Khartoum.
H.E. Mr. Abdul Kareem Mohammad Al-Amri, President of
AAAID, delivered a welcome speech, thanking H.E. Eng.
Mohammed Al-Ameen Kabbachi, Minister of Agriculture and
Forestry in Sudan, for attending and participating in
the workshop. He said that the provision of fertilizers
at reasonable prices is one of the determinants of
agricultural investment and production, as it has direct
impact on productivity and comparative advantages of
agricultural products. He pointed to the existence of
ample resources in Sudan, the vast enhancement in the
investment environment, and the green mobilization
announced recently in Sudan. He commented that the green
mobilization is backed by the substantial support from
the government and the loyal agricultural management led
by H.E. the Minister of Agriculture who places much
emphasis and effort towards the development of the
agricultural sector.
H.E. the Minister of Agriculture and Forestry, eng.
Mohammed Al-Ameen Kabbachi, delivered a speech. He
indicated that Sudan has been importing fertilizers
which are vital inputs for agricultural productivity,
and that there is expansion in the use of fertilizers
following the expansion of cultivated lands, the
adoption of modern technologies, and the green
mobilization which aims at raising agricultural
productivity. He appreciated the initiative of AAAID
towards the production of fertilizers, the thing which
serves the objective of raising agricultural
productivity and developing the agricultural sector. He
pointed, in a TV statement held on the side of the
workshop, that the Ministry of Agriculture counts on the
great role of AAAID led by H.E. Mr. Abdul Kareem
Mohammad Al-Amri who excels all efforts for supporting
the essential elements for developing the agricultural
sector.
The objectives of the workshop include specifying the
types of the required fertilizers, estimating the
current and future demand and the quantities of
available raw materials, discussing the appropriate
technologies to be applied, and coming up with
recommendations to help formation of the proposed
project.
All papers presented in the workshop indicated the
existence of ample demand for fertilizers in Sudan. The
total actual need for all types of fertilizers is
expected to rize to one million tons. The required
fertilizers mainly include urea, then super phosphate
and NPK compound. The workshop indicated that there are
strong potentials for the project and strongly
recommended moving to the next step which is conducting
the feasibility study.
The workshop was attended by H.E. Marshal Abdul Rahman
Suwar Al-Dahab, and the participants included Arab
Fertilizer Association, Ministry of Agriculture and
Forestry (Sudan), Ministry of Energy and Mining,
Ministry of Industry, Ministry of Science and
Technology, and SAMADCO Co. /Sudan, the Agricultural
Council, the three major agricultural schemes of Gazira,
Rahad, and Halfa, the deans of agricultural departments
of each of the University of Khartoum, University,
University of Gazira, Sudanese Farmers Union, and a
number of fertilizer companies.
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AAAID donates US$0.5 million to UNRWA: Food Security
Program in Gaza and the West Bank
Amman – The United Nations
Relief and Works Agency in the Near East (UNRWA) has
received a contribution of $0.5 millions from the Arab
Authority for Agricultural Investment and Development (AAAID)
for UNRWA’s Food Security programme in Gaza and the West
Bank. This donation will enable UNRWA to purchase 465
metric tons (MT) of sugar and 270 MT of sunflower oil.
In a ceremony held on December 13, 2006 the Radisson SAS
hotel in Amman, an agreement for the contribution was
signed by Mr. ElKheir Khalafalla Khalid, Head of
Development Programs Department of AAAID, and the Deputy
Commissioner General of UNRWA Mr. Filippo Grandi, who
expressed his appreciation for the AAAID contribution
which will support UNRWA’s activities in the West Bank
and Gaza. UNRWA’s Director of External Relations, Mr.
Rene Aquarone, as well as a number of senior UNRWA
officials attended the ceremony.
UNRWA distributes food rations to the poorest of the
refugees in the special hardship case category on a
bi-monthly basis. The value of this relief assistance is
about US$110 per person annually, and most of it is
received as in-kind donations from donor governments in
the form of basic foodstuffs such as flour, rice, sugar,
milk and cooking oil.
In September 2006, AAAID contributed $2m to UNRWA’s
microfinance and
Microcredit programme in the West Bank and Gaza strip.
As a relief and human development agency, UNRWA provides
education, healthcare, social services and emergency aid
to over 4.3 million refugees living in the Gaza Strip,
the West Bank, Jordan, Lebanon and the Syrian Arab
republic.
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A Discussion Meeting for the Establishment of a Project
for Red Meat Production, Processing and Marketing in
Sudan:
A meeting headed by H.E. Mr.
Abdul Kareem Moammad Al-Amri, President of AAAID, was
held on 3/12/2006 in AAAID’s regional office in Dubai
for discussing the establishment of a project for red
meat production, processing and marketing in Sudan. A
number of distinguished Kuwaiti and Sudanese investors
participated in the meeting, including H.E. Dr. Ali Al-Zumeya’
– Director of the board of directors of Watheeqa Holding
Co., H.E. Mr. Badr AlGar-Allah – Director of the board
of directors of Kuwaiti Livestock Trading and
Transportation Co., and H.E. Mr. Al-Shareef Yousuf Badr
– Director of the board of directors of Gazira Scheme,
Sudan.
H.E. Mr. Abdul Kareem Mohammad Al-Amri explained in a
statement that the objective of the proposed project is
to cover the demand for live sheep in all Arab
countries, specially the Gulf area, in addition to
supplying the Islamic Development Bank with sacrifice
sheep (adhahi) during pilgrimage season. The project
cost is expected to be about $150 million. The
feasibility study will be financed by AAAID and the
Islamic Development Bank. It will be carried out by a
specialized Australian consultant.
H.E. Mr. Al-Amri indicated that the proposed project is
the first of its type and size in the Arab region, as it
is comprised of 2 activities: developmental and
investment. The developmental part of it aims at
developing the livestock sector in Sudan by entering
small and medium animal raisers into the circle
complementing the project, and providing veterinary,
extensional, and feed services to this group. This would
contribute in developing the livestock sector and
enhancing the incomes of raisers. The investment element
of it is composed of an integrated project including
fattening, processing and marketing, using
state-of-the-art world technologies.
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AAAID’s Board of Directors Held Its 127th Meeting in
Dubai:
The Board of Directors of
AAAID held its 127th meeting in its regional office in
Dubai, U.A.E. The meeting was chaired by H.E. Mr. Abdul
Kareem Mohammad Al-Amri, President of AAAID.
The Board meeting agenda included the financial position
of AAAID through the end of June 2006, follow up of the
production, financial and marketing performance of AAAID
companies and AAAID’s budget. This is in addition to
discussing the rehabilitation of some AAAID companies,
granting loans to some of them with the objective of
raising the performance efficiency of those companies
and strengthening their financial positions.
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H. E. the President of AAAID visited the Union of the
Comoros and was received by H.E. the President of the
Union of the Comoros:

H. E. Mr. Abdul
kareem Mohammad Al-Amri, President of the Arab Authority
for Agricultural Investment and Development (AAAID),
visited the Union of the Comoros during the period 21-25
November 2006 and was received by H.E. Mr. Ahmed Abdalla
Sambi, President of the Union of the Comoros.
H.E. the President of Comoros expressed his
appreciation of the efforts of AAAID which aim at
developing the agricultural sector and the fish industry
in Comoros, indicating that the government and people of
Comoros hope for a major role by AAAID in encouraging
Arab investments to be directed to Comoros where ample
promising investment opportunities exist.
AAAID implemented an urgent needs program in Comoros,
including the provision of primary agricultural inputs,
establishment of an agricultural equipment rental unit,
distribution of inputs to low-income special needs
groups, and taking necessary engineering preparations
for establishing a tissue culture laboratory which
preliminarily aim at producing banana plants.
It is worth mention that AAAID is currently studying
the implementation of investment projects in the
agricultural and fish sectors in Comoros. Comoros is one
of the member countries in AAAID.
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AAAID participates in the LAS meeting for Arab financial
organizations and institutions and contributes to
Lebanon rebuilding:
In his address to the meeting
of LAS Economic and Social Council held for Arab
financing organizations and funds, on 15/10/2006, H.E.
Mr. Abdul Kareem Mohammad Al-Amri, President of AAAID,
announced the contribution of AAAID in the amount of US$
5 million for rebuilding Lebanon Milk Company in Biqaa’.
The statement by H.E. also included a US$ 250 thousand
grant as a contribution to Lebanon rebuilding, as well
as a US$ 250 thousand towards the developmental side as
a revolving fund directed to agricultural societies of
productive families in different locations in Lebanon.
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The Arab Authority for Agricultural Investment and
Development contributes US$ 2 million to small projects
in the West Bank and Gaza:

The Arab
Authority for Agricultural Investment and Development (AAAID)
signed an agreement for supporting the United Nations
Relief and Works Agency (UNRWA) micro finance and micro
credit program (MMP) in the West Bank and Gaza. The
amount of AAAID contribution to the program is US$ 2
million.
On 13/9/2006, in the headquarters of UNRWA in Amman, the
agreement was signed by H. E. Mr. Abdul Kareem Mohammad
AL-Amri, President of AAAID, and H. E. Ms. Karen Koning
Abuzayd, the Commissioner General of UNRWA.
The program targets 2000 small projects, which support
families including 14,000 individuals. The contribution
of AAAID will enable UNRWA increase the number of micro
credit and micro finance from 18,000 to 24,000.
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The Agreement of Establishment of the Arab Company for
Veterinary Medicine signed in Dubai.
In a meeting headed by H.E.
Mr. Abdul Kareem Mohammad Al-Amri, President of the Arab
Authority for Agricultural Investment and Development (AAAID),
on 18/9/2006, an agreement was signed for establishing
the Arab Company for Veterinary Medicine in Sudan. The
meeting was held in the regional office of AAAID in
Dubai, UAE.
The agreement was signed by AAAID, the Arab Company for
Drug Industries - ACDIMA (Jordan), Public Corporation
for Veterinary Supplies (Sudan), and Acdima for
Veterinary Medicines (Syria).
The project is located in Sudan. Its objective is to
eliminate the veterinary medicine gap in Sudan and other
Arab countries. Sudan was selected for the project
location due to the existence of ample animal wealth,
and is considered as the country which has the highest
number of animals in the Arab region.
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The Board of Shareholders of the Arab Authority for
Agricultural Investment and Development (AAAID) held its
30th annual meeting in the period 18-19 April 2006 in
Rabat, Kingdom of Morocco, within the annual meetings of
Arab financial institutions.
The Board issued a number of
resolutions, the most important of which are the
following:
-
Election of H.E. the
representative of the United Arab Emirates as
chairman of the Board for its 30th term.
-
Election of H.H. the
representative of the the State of Qatar as a deputy
chairman for the Board for its 30th term.
-
Approval of AAAID balance
sheet, the final accounts and reserves as at
31.12.2005.
-
Distribution of dividends
to shareholders equivalent to 5% of the paid in
capital.
-
Approval of AAAID
investment program for 2006-2007.
-
Approval of the Kingdom of
Bahrain as a new member to AAAID and its
subscription to its capital.
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The Fourth Meeting of AAAID Companies held in Fujairah,
22-24 March 2006:
Within Fujairah International
Agricultural Exhibition, 22-24 March, 2006, United Arab
Emirates, AAAID held the fourth meeting for the
companies in which it has shareholdings. 20 of AAAID
companies participated in the exhibition and the
workshops. Both of the exhibition and the workshops were
very successful in introducing AAAID investment and
development activities, introducing the companies
products, and exchanging ideas between them. They also
shed light on the services provided by the Arab
Authority Center for Consultancy Services (AACCS), which
builds on AAAID’s long experience in agricultural
production (both plant and animal production) and
processing to provide consultancy to AAAID companies and
other companies.
The success of the exhibition and workshop was due to
the excellent organization by Fujairah Chamber of
Commerce, Industry, and Agriculture, under the auspices
of H. H. Sheikh Hamad Bin Mohammed AL Sharqi, Governor
of Fujairah.
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H.E. the President of the Republic of Sudan visits the
Zero-tillage farming technology transfer projects in
Gadarif state

H.E. the
President of the Republic of Sudan, Marshal Omer Hassan
Ahmed ElBashir, visited the sites of the zero-tillage
farming technology transfer projects in Gadarif state
implemented by the Arab Authority for Agricultural
Investment and Development (AAAID), on 3/12/2005. H.E.
the President was received by H.E. Mr Abdul Kareem
Mohammad Al-Amri, President of AAAID, and senior
officials of AAAID. H.E. the President of the Republic
viewed the achieved high yields and inaugurated the
harvest process at the field of one of the farmers
applying the zero-tillage farming system. He expressed
his appreciation of the efforts of AAAID in introducing
modern technologies for developing agriculture.
H.E. the President of AAAID delivered a speech in which
he welcomed H.E. the President of the Republic and the
accompanying officials and expressed his appreciation of
the efforts of the government of Sudan in facilitating
the strive of AAAID in performing its duties towards
contributing in developing agriculture in Sudan and the
rest of the Arab region. He stated that AAAID has
introduced the zero-tillage farming system to increase
production and yields in the rain-fed sector in Sudan.
It is worth mentioning that farmers under the experiment
achieved yields ranging between 11 to 15 sacks per
feddan, compared to less than 4 sacks per feddan in the
traditional sector.
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Workshop on " Tissue Culture and its Applications in
Agricultural Investment in the Arab Region:
The Arab Authority for
Agricultural Investment and Development (AAAID), in
collaboration with the Ministry of Agriculture and
Fisheries of U.A.E., the United Arab Emirates University
and the Food and Agriculture Organization (FAO) of the
United Nations , organized the second workshop on "
Tissue Culture and its Applications in Agricultural
Investment in the Arab Region". The workshop was held in
the period 12-14 June 2005 in AL 'Ayn city, U.A.E
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The Board of Shareholders of the of Arab Authority for
Agricultural Investment and Development (AAAID) held its
29th annual meeting in the period 12-13 April 2005 in
Abu Dhabi, United Arab Emirates:
The Board issued a number of
resolutions, the most important of which are the
following:
-
Election of H.E. the
representative of the Kingdom of Morocco as chairman
of the Board for its 29th term.
-
Election of H.H. the
representative of the United Arab Emirates as a
deputy chairman for the Board for its 29th term.
-
Approval of AAAID balance
sheet, the final accounts and reserves as at
31.12.2004.
-
Distribution of dividends
to shareholders equivalent to 5% of the paid in
capital.
-
Approval of AAAID
investment program for 2005-2006.
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A workshop on: Date Processing and Marketing and the
Utilization of Date Palm Byproducts in the Arab Region,
Present and Views for the Future:
Under
the auspices of His Royal Highness Prince Mugrin Bin
Abdul Aziz al-Saud, Governor of Medina region, the
workshop on: Date Processing and Marketing and
Utilization of Date Palm Byproducts in the Arab Region
was inaugurated on 8 June 2004, honored by the
attendance of H.E. Dr. Fahd Balghonaim, Minister of
Agriculture in the Kingdom of Saudi Arabia, and H.E. Mr.
Abdul Kareem Mohammad Al Amri, President of the Arab
Authority for Agricultural Investment and Development.
The workshop was organized by the Arab Authority for
Agricultural Investment and Development, in coordination
with the Cooperative Association of Date Producers &
Processors in the Kingdom of Saudi Arabia .
The workshop continued for 3 days in the period 8-10
June, 2004, where 28 papers were presented, and was
attended by 170 participants, including senior officials
from the Ministry of Agriculture in the Kingdom of Saudi
Arabia, Medina region, representatives of Arab and
International institutions, a number of experts from the
Arab region as well as from the rest of the world, and
date processing and marketing companies. The workshop
came out with a number of significant recommendations on
date palm issues, date processing and specification,
information database, date tissue culture program. The
participants recommended holding a workshop every 3
years.
Date: 8-10- 2004
Place: El Medina
Al-Monaurah, Kingdom of Saudi Arabia
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Following the Success of the Zero-Tillage Farming System
in Agadi, AAAID Proceeds on Zero-Tillage Technology
Transfer to Farmers in Gadarif State , Sudan
The
Arab Authority for Agricultural Investment and
Development has achieved outstanding success in
introducing the
zero-tillage farming system in the Pilot Farm in
Agadi, Blue Nile State , Sudan . For instance, sorghum
productivity has increased from 250 kg/feddans to 1200
kg/feddans, a percentage increase of almost 400%. Upon
the achievement of increases in crop yield, the governor
of Gadarif state, Dr. Abdul Rahman AL Khedir, together
with the head of the Sudanese Farmers Union, Mr. Karam
Alla Abbas, directed an invitation to H. E. the
President of AAAID, Mr. Abdul Kareem Mohammad AL-Amri,
to visit Gadarif state and consider zero-tillage
technology transfer to farmers in the state.
As a response to that sincere invitation, H. E. the
President of AAAID visited Gadarif state on 26/6/2003 .
The discussions held in the visit resulted in the state
request for zero-tillage farming technology transfer to
farmers in the state.
According to the above mentioned request, H. E. the
President of AAAID, directed the Applied Agricultural
Research Department in AAAID to proceed on zero-tillage
technology transfer to farmers in Gadarif state starting
from the 2004 cultivation season. Accordingly, a
comprehensive program was prepared for zero-tillage
farming technology transfer to farmers. Implementation
of the program started with the selection of small
farmers in Kaffai-Doca area, in full coordination with
the state ministry of agriculture and the farmers union
in the state. AAAID carried out all the necessary
preparations for the success of the program, including
the provision of machinery, inputs, experts and
technologies, and field supervision. Cultivation was
actually started and AAAID found positive and active
response from farmers. The program is proceeding under
close follow up by the top executive management in AAAID
aiming for the spread of the farming system to all the
rain-fed areas in Sudan . It is worth mention that
Gadarif state is one of the largest states in the
rain-fed mechanized farming sector in Sudan .
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AAAID Board of Shareholders Annual Meeting, 14-15 April,
2004, Kuwait :
The Board of Shareholders of
the Arab Authority for Agricultural Investment and
Development (AAAID) held its 28th annual meeting in the
period 14-15 April 2004 in Kuwait .
The Board issued a number of resolutions, the most
important of which are the following:
-
Election of H.E. the
representative of the State of Kuwait as chairman of
the Board for its 28th term.
-
Election of H.E. the
representative of the Kingdom of Morocco as a deputy
chairman for the Board for its 28th term.
-
Approval of AAAID balance
sheet, the final accounts and reserves as at
31.12.2003, as well as the Board of Director’s
reports.
-
Distribution of dividends
to shareholders equivalent to 5% of the paid in
capital.
-
Approval of AAAID
investment program for 2004-2005, and allocation of
KD 9 million to the program.
-
Allocation of 10% of AAAID
net income in 2003 to support the people of
Palestine.
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A workshop on: Agricultural Investment in Sudan and the
Potential Contribution by French Agri-Business Companies
AAAID, in coordination with
ADEPTA Group and under the auspices of the Ministry of
Investment in Sudan, organizes a workshop on
Agricultural Investment in Sudan and the Potential
contribution by French agri-business Companies.
The workshop is part of a three day program of the visit
of ADEPTA Group and nine agri-business French companies
to Sudan . The opening session will include speeches by
H. E. Mr. Sharif Badr the minister of investment in the
Republic of Sudan , H. E. M. Pouyleau, Vice President of
ADEPTA, and H. E. Mr. Abdul Kareem AL Amri, President of
AAAID.
An introduction of AAAID programs and activities will be
delivered by Dr. Naufal H. Rasheed, AAAID Vice President
for Technical Affairs. An introduction of ADEPTA Group
will be delivered by M. Florian de Saint Vinccent,
ADEPTA's Manager for the Middle & Near East.
Presentations by agri-business French Companies will
follow. The workshop program also includes an exhibition
by AAAID.
Date: 26.1.2004
Time: 9:00 am
Place: Dr.
Khalfan Bin Kharbash Conference Hall, AAAID Main Office,
Khartoum , Sudan .
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A Presentation on FAO Africa Stockpiles Programme (ASP)
AAAID, in coordination with
FAO Office in Khartoum , arranges for a Presentation on
FAO Africa Stockpiles programme (ASP).
The presentation will be delivered by Mr. Mark Davis –
Coordination and Chief Technical Advisor, Obsolete
Pesticides, plant production and protection Division (AGTPP)
of FAO.
Date: 21.1.2004
Time: 10:00 am
Place: Dr. Khalfan Bin Kharbash Conference Hall, AAAID
Main Office, Khartoum , Sudan .
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H.E. The General Secretary of LAS visits AAAID:
The Arab Authority for
Agricultural Investment and Development is honored by
the visit of H.E. Mr. Amre Moussa the General Secretary
of the League of Arab States on June 25th 2003 . A
reception for H.E. was headed by H.E. the President and
top executives of AAAID. H.E. Mr. Abdul Kareem Al Amri
welcomed H.E the General Secretary of LAS with great
appreciation of the visit which is the first visit by
the General Secretary of LAS to AAAID since its
establishment.
The program of this highly important event included
speeches and lectures reflecting AAAID achievements
throughout the past 25 years. The mentioned visit was
part of the program of the visit of H.E the General
Secretary of LAS to Sudan .
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H.E. Mr. Abdul Kareem Mohammad Al-Amri, President of
AAAID, re-appointed for a new term 2003-2008
In its 27th annual meeting
held in Abu Dhabi in the period 22-23 April 2003, the
Board of Shareholders of AAAID issued an important
resolution for re-appointing H.E. Mr. Abul Kareem
Mohammad Al-Amri for a second term for the period
2003-2008.
This resolution came in consideration of the
accomplishments achieved under his successful management
of AAAID in his first term, to secure continuation of
the programs for rehabilitation and development of AAAID
investments and programs geared toward the development
of agricultural investments in the Arab region.
AAAID experts, backup staff and workers, as well as
AAAID companies are honored by this resolution and
encouraged to increase efforts for further progress of
AAAID and Arab agricultural production and processing.
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AAAID Board of Shareholders Annual Meeting, 22-23 April,
2003, Abu Dhabi :
The Board of Shareholders of
the Arab Authority for Agricultural Investment and
Development (AAAID) held its 27th annual meeting in the
period 22-23 April 2003 in Abu Dhabi , U.A.E.
The Board issued a number of resolutions, the most
important of which are the following:
-
Election of H.E. Mr. Abul
Kareem Mohammad Al-Amri, President of AAAID, for a
second term for the period 2003 - 2008.
-
Election of H.E. the
representative of the Arab Republic of Egypt as
chairman of the Board for its 27th term.
-
Election of H.E. the
representative of the State of Kuwait as a deputy
chairman for the Board for its 27th term.
-
Approval of AAAID balance
sheet, the final accounts and reserves as at
31.12.2002, as well as the Board of Director’s
reports.
-
Distribution of dividends
to shareholders equivalent to 5% of the paid in
capital, amounting to about KD 5 million.
-
Approval of AAAID
investment program for 2003-2004, and allocation of
KD 9 million to the program.
-
Approval of the admission
of the Federal Islamic Republic of Comoros to join
AAAID agreement of establishment and acceptance of
its subscription in AAAID capital.
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Promotion Workshop for Milk Collection and Processing
Project 9-10 March 2003:
A promotion workshop for the promotion of the Milk Collection and Processing Project was held in Nouakchott , Mauritania on 9-10 March 2003, sponsored by the Ministry of Rural Development and Environment in collaboration with AAAID. The project is anticipated to contribute in enhancing the incomes of rural milk producers and supply milk products of high quality and health standards to consumers. For more information, please click here.
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Workshop on Tissue Culture 14-16 January 2003:
The Arab Authority for
Agricultural Investment and Development (AAAID), jointly
with the Ministry of Agriculture and Fisheries of U.A.E.
and the University of United Arab Emirates , organized a
workshop on " Tissue Culture and its Applications in
Agricultural Investment in the Arab Region". The
workshop was held in the period 14-16 January 2003 in AL
'Ayn city, U.A.E. For more information.
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Field Day 11.10.2002:
AAAID held a field day in the
pilot farm for rain-fed agriculture in Agadi, Blue Nile
, Sudan , on 11.10.2002. The field day was intended to
introduce the large-scale experiment of zero-tillage
cultivation system. The pilot farm has achieved
outstanding success and substantial increases in
productivity and quality. For more details, please click
here.
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EL Neilain Order Conferred to H.E. the
President of AAAID

His Excellency
the President of the Republic of Sudan, Lieutenant
General Omer Hassan Ahmed AL-Bashir, granted the Order
of the Two Niles (first class) to His Excellency Mr.
Abdul Kareem Mohammad AL-Amri, President of the Arab
Authority for Agricultural Investment and Development (AAAID)
on June 30th 2002. The Order was granted in recognition
of the efforts exerted by H.E. Mr. Abdul Kareem AL-Amri
in adopting a new strategy for initiating and
implementing large-scale projects based on the
application of modern integrated technology packages
which are appropriate for local investment environments,
and his efforts in establishing advanced pilot projects
for developing agriculture in the Arab region. That was
exemplified in the application of recent technologies
for developing the rain-fed sector in Sudan where such
technologies contributed in increasing yields of the
main crops by about 400% of the traditional sector
productivity. Another example is the application of an
integrated technology package for alfalfa (forage)
production and processing for export.
One of AAAID affiliated companies, namely the Arab
Sudanese Blue Nile Agricultural Co. (Agadi), was granted
the Order of Achievement in recognition of achieving a
substantial increase in productivity in the rain-fed
sector, reinstating hope in this large sector to make a
substantial contribution to food security in the Arab
region. This increase in productivity was mainly a
result of the introduction of the Zero-tillage farming
technology which is considered a significant
breakthrough in solving the problems of the rain-fed
sector.
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