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Agriculture

Samples of rice and lentils for sale at a wholesale market in Delhi

Tech startup aims to spice up India’s agriculture trade with GCC

Indian startup Ninjacart has launched Ninja Global, a new digital platform for agricultural export-import businesses in the UAE and other countries in the Gulf. Ninjacart operates in over 150 markets across agri-commodities, was valued at almost $1bn this year, and is backed by retail giant Walmart and India’s Tiger Global among others. Its Ninja Global is […]

Morocco’s farming exports rise 13%, despite drought challenges

Morocco’s Ministry of Agriculture and Fisheries has said that the volume of its exports increased by 13 percent in 2021-2022, with tomatoes and berries rising by 19 percent and 18 percent, respectively, according to a local newspaper. Despite the difficult international circumstances, the exports of market garden crops have registered good performances during the 2021-2022 […]

Saudi Arabia plans to invest $24bn to support local economy

Saudi Arabia will invest SAR 91 billion ($24.20 billion) to develop the domestic economy, Arab News reported, citing Abdulrahman Al-Fadhli, Minister of Environment, Water and Agriculture. The agriculture sector contributed SAR 72 billion, or 2.3 percent, to the kingdom’s gross domestic product last year, the minister said, adding that the 2022 development fund for the […]

UAE agtech startup aims to disrupt $500bn fodder industry

A UAE agtech startup is aiming to disrupt the $500 billion livestock feed industry, as prices rise on the back of supply chain disruptions caused by the Ukraine war. The Food and Agriculture Organisation (FAO) of the United Nations reported last week that, while the FAO Food Price Index declined 8.6 percent month-on-month in July […]

Person, Human, Table

Food security report delivers stark warning to import-reliant Gulf

GCC governments must step up their efforts to develop agri-food technology and recycle waste, a new food security report has warned. The Gulf is one of the world’s most import-dependent regions. The main food security challenge for the GCC is a natural or man-made crisis that could block one or more countries’ access to imports, […]

A combine loads a truck of grain while harvesting wheat during Ukraine-Russia conflict

Poor Arab nations face hunger despite Ukraine grain deal

Middle East and African countries dependent on Ukrainian grain face the prospect of crippling food insecurity, hunger and misery, despite a deal to restart exports blockaded amid the Russian war. Moscow’s promises may prove unreliable, while skyrocketing grain prices could spell dire outcomes for the region’s hungriest and most vulnerable nations, experts told AGBI. The […]

Emirates-US joint venture opens world’s largest vertical farm

Emirates Flight Catering (EKFC) and US-based Crop One have announced the opening of Bustanica, the world’s largest hydroponic farm, backed by an investment of $40 million.  The facility is the first vertical farm for Emirates Crop One, the joint venture between the two companies, and is located near Al Maktoum airport at Dubai World Central. […]

Red Sea Farms ploughs new ground as investments soar

Saudi-based Red Sea Farms is planning to ride the wave of increased global investments in agricultural technology by organising a Series A funding round later this year. The move follows an oversubscribed Pre-Series A round last year of $16 million and also a recent strategic raise of $18.5 million. “The proceeds of our successful fundraise […]

Sky Kurtz, co-founder and CEO of Pure Harvest Smart Farms, a fast-growing agtech business

Pure Harvest aims to grow UAE’s next $1bn unicorn startup

“Why did such a promising young man leave Silicon Valley to grow tomatoes in the desert?”. It’s a question Stanford University business graduate and former private equity investor Sky Kurtz says he gets asked a lot, even by his own father-in-law.  “My wife’s father thought I’d lost my mind. He was literally like, ‘there’s something […]

Cannabis

Thailand has high hopes for tourism with legal marijuana

Thailand legalised the growing of marijuana and its consumption in food and drinks last week, with the aim of boosting tourism and agriculture. The government plans to give away 1 million plants to encourage farmers to take up its cultivation as a cash crop It is the first Asian country to take this step, although […]

Turkish factory activity contracts for third straight month in May

Turkish manufacturing activity contracted for the third month running in May as both output and orders slowed amid muted demand and ongoing price pressures, a business survey showed on Wednesday. The Purchasing Managers’ Index (PMI) for manufacturing stood at 49.2 in May, unchanged from April, said a panel from the Istanbul Chamber of Industry and […]

Coffee trade wars brewing: Saudi aims to increase its 300 tonnes of beans a year to 2,500 tonnes

Saudis want the world to wake up and smell their coffee

Did Arabica coffee originate in Arabia? Many say it hails from Ethiopia and then spread to Yemen and the rest of the Middle East. As coffee experts and aficionados continue to debate its history, Saudi Arabia is working to put a new stamp on the industry.  Saudi Arabia has named 2022 the year of Saudi […]

Nature, Outdoors, Harvest

Ukraine war sees Egypt put pressure on local wheat farmers to replace shortfall

Egypt typically the world’s biggest wheat importer Most purchases came from Russia and Ukraine Local farmers have to sell 60% of crop to the state Government offer is well below international prices At an agricultural storage complex in the Egyptian city of Banha, Ahmed Nasser watches truck after truck offload freshly-threshed grain from the surrounding […]

mandarins

South Africa looks to Middle East to replace Russia fruit exports

The conflict in Ukraine has throttled South Africa’s citrus exports to Russia and driven input costs higher, further squeezing fruit producers already suffering from spiralling shipping costs, an industry body said. The war, which started on Febuary 24, blocked South Africa’s citrus shipments to Russia in the immediate aftermath, Citrus Growers Association of Southern Africa […]

Person, Human, Icing

Greek graviera cheese could soon be off the menu

In a small factory on the Greek island of Naxos, workers are busy churning out its famous graviera cheese. At least, they are for now. A crisis unfolding on the island’s farms is sparking fears that the locally-produced pale yellow wheels may soon start to disappear from the cheese counter. Standing among his cows in […]

fields agriculture

Middle East to benefit from World Bank’s $30bn food security fund

The World Bank said on Wednesday it will make $30 billion available to help stem a food security crisis threatened by Russia’s war in Ukraine, which has cut off most grain exports from the two countries. The total will include $12 billion in new projects and over $18 billion funds from existing food and nutrition-related […]

Indonesia’s cooking oil crisis explained

An export ban has infuriated farmers, amid soaring prices and claims that a ‘palm oil mafia’ is operating in the country Indonesia, the world’s biggest exporter of palm oil, halted shipments on April 28 in a bid to flood the domestic market with supplies and control the soaring price of cooking oil. The tough policy […]

Flare, Light, Plant

Egypt can still buy Indian wheat despite export ban

Any agreements by Egypt’s government to purchase Indian wheat will not be affected by an export ban announced by New Delhi, Egypt’s supply minister said yesterday. “For India, we are talking with them on the basis of a government agreement. The ban exempts governments including the government of Egypt,” minister Ali Moselhy said. Egypt, the world’s largest wheat […]

A worker displays grains of wheat at a mill in Lebanon, where the cost of a loaf of bread rose 70 percent in March

Ukraine war drives Gulf to double down on food security

As the war in Ukraine has pushed up food prices and disrupted supply chains, hard-hit MENA countries explore ways to protect themselves In Abu Dhabi clusters of fresh tomatoes are growing inside rows of climate-controlled greenhouses in the middle of the desert – just one example of the lengths the arid region must go to […]