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Sunday 18 May 2025
Last Updated : GMT 09:40:38
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SALIC

Saudi livestock firm SALIC in Dh5 billion joint venture with UAE’s Al Dahra

Themuslimchronicle, themuslimchronicleSaudi livestock firm SALIC in Dh5 billion joint venture with UAE’s Al Dahra279338/83
Abu Dhabi - Muslimchronicle
The Saudi Agriculture and Livestock Investment Company (SALIC) is establishing a Dh5-billion joint venture with UAE agricultural firm Al Dahra to invest in the Black Sea region, the Saudi livestock firm’s chief executive said. The joint venture will invest across 10 countries in the Black Sea and will be made via acquisitions in grains and livestock, Abdullah Aldubaikhi said duringRead more

SALIC considers Russian grain investment

Themuslimchronicle, themuslimchronicleSALIC considers Russian grain investment278578/90
Moscow - Muslimchronicle
Saudi Arabia’s SALIC is considering investing in a Russian grain producer owned by Russian conglomerate Sistema and members of the Louis-Dreyfus family, Sistema said on Thursday. Saudi Arabia began scaling back its domestic wheat-growing program in 2008, planning to rely completely on imports by 2016 to save water. Russia, one of the world’s top grain exporters, is expected to harvestRead more

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