Muscat: The Arab Authority for Agricultural Investment and Development (AAAID), an independent multilateral financial institution that aims to achieve food security in the Arab world, has announced its support for SIAL Middle East 2018 as its exclusive agricultural investment partner.
The ninth edition of SIAL Middle East will be held in strategic partnership with Abu Dhabi Food Control Authority (ADFCA) from December 10 to 12, 2018 at the Abu Dhabi National Exhibition Centre.
AAAID is set to mark an impactful participation at SIAL Middle East along with its 9 nine affiliate companies and projects. As part of the agenda, AAAID will host its annual investment meeting on the second day of SIAL Middle East, convening leading agri-food professionals from across the region.
AAAID is supported by 21 Arab countries that contribute to its US$1.1 billion capital. With over 40 years of vast experience in agri-investment and agro-processing, AAAID offers its investors a variety of advantages and privileges in all member countries. AAAID and its 44 affiliate companies focus on agricultural investment in sectors related to plant and livestock production across the Arab world.
“Since its inception in 2010, SIAL Middle East has established itself an ideal platform for investors and specialised companies operating in the rapidly growing food-related sectors within the region and beyond to explore potential business opportunities and expand their client base to meet the surging food demand, Engineer Thamer Al Qasemi, Chairman of the Organising Committee of SIAL Middle East, said.
“The AAAID Investment Meeting will support SIAL Middle East’s sustained efforts to attract more investments into this vital sector and highlight the tremendous investment opportunities and unique challenges facing the industry at the present time. I am confident that the gathering will help key decision-makers address the most pressing issues in this domain,” he added.
“Our support for SIAL Middle East 2018 as its Exclusive Agricultural Investment Partner is aligned with AAAID’s priority to leverage alliances with various partners to address the food gap in the Arab world through agricultural investment, Hanan Algaai, Head of Communications and Media at AAAID, said.
“Since its establishment in 1976, AAAID is driven with a vision to enhance food security in the Arab world. We actively support sustainable agricultural development through promoting projects that generate income, as well as facilitating scientific research, technology transfer, and access to revolving loan funds. This ensures improved livelihood for thousands of people across the Middle East and North Africa, ” he added.
“We are delighted that AAAID will support SIAL Middle East and host its annual investment gathering on the sidelines of the event. Bringing anevent of such profound importance into ourfold reinforcesour continued commitment to organisinga diversified agenda of programmes that offer valuable insights and new perspectives on agri-food investment and food security in the Arab world,” Joanne Cook, Managing Director of SIAL Middle East, said.
The AAAID Investment Meeting will feature a packed agenda of sessions that highlight investment opportunities in the agri-food sector at the local, regional and international level, led by eminent experts from across the global food supply chain. Topics in focus will cover investment in feed and grain, meat, vegetable oils, sugar, dairy products, and agricultural technology and equipment, as well as issues related to contract farming and food security in the Arab world.