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The Arab Authority for Agricultural Investment and Development has signed a cooperation agreement with the International Finance Corporation

Date: 05 Feb, 2025

Location: Dubai - UAE


As part of a strategic move to enhance mutual cooperation and support investment projects in the agricultural sector, the Arab Authority for Agricultural Investment and Development (AAAID) announced the signing of an investment Agreement with the International Finance Corporation (IFC), a leading international organization which invests in different sector in developing countries. The signing ceremony took place on Wednesday, February 5, 2025, at AAAID’s headquarters in Dubai, United Arab Emirates.
The agreement was signed on behalf of AAAID by H.E. Dr. Obaid Saif Hamad Al Zaabi, Chairman of the Board, and on behalf of IFC by Mr. Abdullah Al Jafri, Senior Regional Manager.
This cooperation aligns with AAAID’s commitment to expanding its international partnerships.
This collaboration enforces the commitment of both parties to strengthening efforts towards sustainable development, fostering synergy between expertise and financial resources, and promoting agricultural investments to enhance food security.
The signing of this agreement marks a new phase of partnership between AAAID and IFC, opening new avenues for international cooperation and reinforcing AAAID’s role in supporting agricultural investments across the Arab world.