{"id":608410,"date":"2023-10-19T00:00:00","date_gmt":"2023-10-19T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/19\/uaes-al-dahra-wants-to-buy-up-more-land-in-toshka\/"},"modified":"2023-10-19T00:00:00","modified_gmt":"2023-10-19T00:00:00","slug":"uaes-al-dahra-wants-to-buy-up-more-land-in-toshka","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/19\/uaes-al-dahra-wants-to-buy-up-more-land-in-toshka\/","title":{"rendered":"UAE\u2019s Al Dahra wants to buy up more land in Toshka"},"content":{"rendered":"

Al Dahra wants more Egyptian land: <\/strong>Emirati agribusiness Al Dahra<\/a> is currently in negotiations to purchase up to 500k feddans of agricultural land in Egypt, Reuters<\/a> reported citing two sources it said with direct knowledge of the matter. The company, which is half-owned by the Abu Dhabi sovereign wealth fund ADQ, is in talks with the military\u2019s National Service Projects Organization (NSPO) to acquire land in Toshka to grow wheat and corn. <\/p>\n

The details: <\/strong>Al Dahra wants up to 500k feddans in phases in a direct purchase or a long-term lease agreement, the newswire reported. The price tag and timeline of the acquisition were not disclosed. The company told the newswire it would announce any new Egyptian partnerships at the \u201cappropriate time.\u201d <\/p>\n

Al Dahra is no stranger to Egypt: <\/strong>Al Dahra currently owns 67k feddans of land in Toshka and East Owaynat and is the biggest private-sector wheat producer in Egypt. The company has sold more than 180k tons of wheat to the government over the past three years, making it GASC\u2019s largest local private-sector supplier. Egypt signed a USD 500 mn agreement<\/a> with the Abu Dhabi Exports Office in August to purchase wheat from Al Dahra.<\/p>\n

It hasn\u2019t always been smooth sailing: <\/strong>The government withdrew some of the 100k feddans Al Dahra had purchased in Toshka as part of an agricultural mega project in 2019, saying the company had fallen behind a timeline to cultivate the land.<\/p>\n

Egypt wants to boost its wheat crop: <\/strong>The government aims to increase<\/a> the amount of land allocated to wheat farming by 25% to 4 mn feddans next harvest season. State agencies bough around 3.4 mn tons<\/a> of wheat from local farmers during this year\u2019s harvest, down 10% from last year and lower than the 4 mn-ton target<\/a> originally set for the 2023 season. <\/p>\n","protected":false},"excerpt":{"rendered":"

Al Dahra is in talks to buy up to 500k feddans of agricultural land<\/p>\n","protected":false},"author":1,"featured_media":608411,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7305],"tags":[97,8905,317,72,103,564,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-608410","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-commodities","tag-agriculture","tag-al-dahra","tag-commodities","tag-enterpriseam","tag-fdi","tag-food","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"be2c8677-4906-4ce7-9fcb-f2a046a0de85","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/913.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE\u2019s Al Dahra wants to buy up more land in Egypt\u2019s Toshka","related_issue":[608403],"teaser":"Al Dahra is in talks to buy up to 500k feddans of agricultural land","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.65c819a3-e36a-4bbf-b7c1-0ec06e85561e.mp3"},"yoast_head":"\nUAE\u2019s Al Dahra wants to buy up more land in Toshka - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/10\/19\/uaes-al-dahra-wants-to-buy-up-more-land-in-toshka\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UAE\u2019s Al Dahra wants to buy up more land in Toshka\" \/>\n<meta property=\"og:description\" content=\"Al Dahra is in talks to buy up to 500k feddans of agricultural land\" \/>\n<meta property=\"og:url\" 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We\u2019ve come to the end of a tense week, although the situation in the region continues to develop. THE BIG STORY TODAY5G licenses coming this year? The National Telecommunications Regulatory Authority is reportedly planning to issue a tender for Egypt\u2019s first licenses for 5G\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548972,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/29\/hassan-allam-lands-another-toshka-contract-more-wheat-courtesy-of-romania\/","url_meta":{"origin":608410,"position":4},"title":"Hassan Allam lands another Toshka contract + More wheat, courtesy of Romania","author":"enterpriseam admin","date":"29 August 2022","format":false,"excerpt":"Hassan Allam Construction to work on Toshka irrigation project: Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has been awarded a contract to install irrigation infrastructure as part of the project to reclaim land in Toshka for wheat production, the company said in a statement last week. Under the\u2026","rel":"","context":"In "Also on our Radar"","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":655588,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/20\/optimism-as-the-imfs-fourth-review-comes-to-a-close\/","url_meta":{"origin":608410,"position":5},"title":"Optimism as the IMF\u2019s fourth review comes to a close","author":"enterpriseam admin","date":"20 November 2024","format":false,"excerpt":"Good afternoon, friends. This newsweek shows no signs of slowing down as we barrel toward the weekend.THE BIG STORY TODAY Good tidings for our fourth IMF review: The International Monetary Fund mission has concluded its two-week visit to Cairo and is expected to greenlight the fourth review of Egypt\u2019s loan\u2026","rel":"","context":"In "WHAT WE\u2019RE TRACKING TONIGHT"","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2024\/1\/2615.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/608410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=608410"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/608410\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/608403"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/608411"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=608410"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=608410"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=608410"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=608410"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=608410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}