"We look forward to achieving food security through sustainable agricultural development in the Arab countries"
The Arab Authority for Agricultural Investment and Development (AAAID) is an independent Arab financial institution that contributes to reinforcing Arab food security through the establishment of agricultural projects in Arab countries, and is the only Arab financial institution specialized in agricultural investment. AAAID's investment model is characterized by sectoral and geographical diversity as we invest in plant and animal production projects, agricultural processing and agricultural services. We have invested in 54 agricultural companies distributed in a number of Arab member states, leading AAAID to be considered a unique model that we are proud of.
Food security in the world in general and in the Arab world in particular is facing continuous and increasing challenges due to the increasing number of people in light of the limited resources and infrastructure in the Arab countries and dependence on imports of food commodities. Whereby, the food gap reached about USD 33.6 billion, making the issue of food security a major concern.
AAAID's long history in the field of agricultural investment provided us with opportunities to gain experience to address the growing food gap in the region, as we were able to acquire extensive knowledge through applied research studies that are conducted in the fields of livestock and plant production, as well as practical agricultural farming. This knowledge has been applied in the implementation of major agricultural projects across many Arab countries and has improved living standards in local rural communities.
At AAAID, we adopt a sustainable agricultural development approach in our work and pay close attention to low-income groups, particularly women and small-scale farmers and producers. In this context, AAAID established the Revolving Loan Fund, which provides these groups with access to finance their income generating activities. AAAID always aims to support the communities in which our companies operate, promote socio-economic development, preserve the environment and organize training and capacity building programs.
AAAID strives to create and disseminate advanced investment and technological models in the areas in which it operates to increase agricultural production. The introduction of advanced environment-friendly technologies, such as zero tillage and the precision farming system, in the rainfed sector has succeeded in increasing crop productivity by an astounding 300% in the relevant member states. AAAID has endeavored to adopt and disseminate smart agro-technologies to ensure sustainable agriculture in member states.
At AAAID, we look forward to a prosperous Arab world in which food security is achieved for all people. We call upon all partners in the private and public sectors, civil society, as well as regional and international organizations to join us on our journey, because establishing strategic partnerships is the optimal path towards achieving sustainable agricultural development.
Mohammed bin Obaid Al Mazrooei
President of the AAAID Chairman of the Board of Directors