Date: 26 Oct, 2026
H.E. Dr. Obaid Saif Hamad Al Zaabi, Chairman of the Board of the Arab Authority for Agricultural Investment and Development (AAAID), met with Mr. Jalawi bin Nasser Al Ajmi, Chairman of the Board of Safwa Dairy Agricultural Company in the Kingdom of Saudi Arabia, to discuss potential investment cooperation, including the possibility of AAAID taking an equity stake in the company. The meeting forms part of AAAID’s efforts to strengthen private-sector partnerships and expand its investments across the agricultural and food sectors in Arab countries.
Discussions covered the company’s activities, production capabilities and future expansion plans in the dairy sector, including sheep’s milk, goat’s milk and their derived products. The two sides also explored opportunities to develop the company’s operations, improve operational efficiency and strengthen its competitiveness.
The meeting also addressed the requirements for assessing the investment opportunity, including its economic, technical and financial viability. Both sides emphasized the importance of continued coordination and information exchange to support the assessment process, in accordance with AAAID’s approved investment policies, standards and institutional procedures.
The meeting reflects AAAID’s broader efforts to develop its investment portfolio and strengthen partnerships with the private sector across the agricultural and food sectors, supporting the development of productive capacity and contributing to enhanced food security across Arab countries.
