Abu Dhabi’s $272m AgTech Commitment: Where Is All That Money Going to Go?
AgFunderNews contacted Elham Al Qasim, acting CEO of the Abu Dhabi Investment Office (ADIO), to discuss the ins and outs.
Tag Archives: middle east
Dubai-based High-Tech Greenhouse Startup Pure Harvest Raises $4.5m Seed Round
Founder Sky Kurtz says that the necessity for this kind of growing system stems from the lack of food security in the UAE and the Gulf Cooperation Council (GCC) countries more broadly.
UPDATE: AeroFarms Brings in IKEA and David Chang to Close $40m Series D
US indoor agriculture group AeroFarms has closed a $40 million Series D round.
UAE’s Produce Import Ban Shines Light on Food Security Dilemma and Indoor Ag Opportunity
It’s perhaps not news that the Middle East is in a precarious position when it comes to food security. One of the hottest, driest, and most inhospitable climates on Earth, the region’s agriculture industries are unable to feed their populations so the countries import the vast majority of their food, leaving them at the mercy of foreign governments.
Qatar Investment Authority’s Hassad Food to Sell Hydroponic Greenhouse Technology to Growers
Zulal Oasis, the joint venture subsidiary of Hassad Food, recently held an open day for local farmers, investors and agriculture specialists.