Date: 11 Mar, 2019
The Arab Authority for Agricultural Investment and Development continuously participates in agricultural and investment events and activities held to support and reinforce the march towards attaining food security, during which pioneers in the agricultural sector meet in various fields and specialties. These events and gatherings are a hub for interested businessmen, importers, exporters, investors, business owners, farmers and producers from all over the world to exchange experiences, hold dialogues and introduce products and innovations in the agricultural sector.
It is in this context that AAAID participated at Agra ME 2019 as an Exclusive Investment Partner. The event took place on 5-7 March 2019 at Dubai World Trade Center under the patronage of the Ministry of Climate Change and Environment of the United Arab Emirates.
During the conference, AAAID organized a session of presentations on agricultural investment, delivered by HE Mohammed bin Obaid Al Mazrooei, President of AAAID, HE Abdalla Sultan Al Owais, Chairman of Sharjah Chamber of Commerce and Industry, and HE Jamal Saif Al Jarwan, Secretary General of the UAE International Investors Council. The presentations aimed at providing the participants with information on the investment climate in Arab countries and the investment opportunities available to AAAID in Arab countries. Whereby HE President Al Mazrooei discussed the different projects and activities of the Arab Authority, the companies in which AAAID contributes, the sectors in which it works and AAAID’s contribution to reinforcing food security.
To promote practical achievement and activate the joint partnerships between the Arab Authority and other investment bodies, a Memorandum of Understanding was signed between AAAID and the Emirates Food Industries in synchronization with the AAAID’s joint efforts to reinforce food security in the Arab world. Both AAAID and Emirates Food Industries endeavor to cooperate with each other on industrial, agricultural and financial investment, exchange of experiences and information on available investment opportunities and studies, as well as discuss funding sources for proposed projects and attract shareholders. This is in addition to preparation of studies, project management and promotion of opportunities and investment prospects in the field of activity of both parties. The signing was blessed by the attendance of His Excellency Dr. Thani Ahmed Al Zeyoudi, Minister of Climate Change and Environment of the United Arab Emirates, during his visit to AAAID’s stand at the exhibition.
On the third day of the exhibition, on March 7, a joint cooperation agreement was signed between AAAID and Spatial Business Integration, a German company working in the field of agricultural technology. The signing was blessed by the attendance of HE Saif Mohammed Al Shara, Undersecretary of the Ministry of Climate Change and Environment of the United Arab Emirates.