{"id":655551,"date":"2024-11-20T00:00:00","date_gmt":"2024-11-20T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/20\/uaes-al-dahra-looks-to-invest-usd-230-mn-to-purchase-up-to-90k-feddans-fund-reclamation\/"},"modified":"2024-11-20T00:00:00","modified_gmt":"2024-11-20T00:00:00","slug":"uaes-al-dahra-looks-to-invest-usd-230-mn-to-purchase-up-to-90k-feddans-fund-reclamation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/11\/20\/uaes-al-dahra-looks-to-invest-usd-230-mn-to-purchase-up-to-90k-feddans-fund-reclamation\/","title":{"rendered":"UAE\u2019s Al Dahra looks to invest USD 230 mn to purchase up to 90k feddans, fund reclamation"},"content":{"rendered":"

Al Dahra to up its Egypt operations:<\/strong> Al Dahra Egypt \u2014 a subsidiary of Emirati agribusiness Al Dahra \u2014 is planning on investing some USD 200 mn to add between 80k-90k feddans to its land portfolio over the next five years, Al Dahra Egypt CEO Raouf Tawfik told EnterpriseAM on the sidelines of a press conference yesterday to showcase the company\u2019s future plans. The company is also looking to invest an additional USD 30 mn on additional equipment, as well as to help its efforts in reclaiming 2k feddans from the land it currently owns, Tawfik added.<\/p>\n

This is less than what we last heard Al Dahra was going after:<\/strong> Al Dahra had been conducting<\/a>negotiations<\/a> to purchase up to 500k feddans of agricultural land in Egypt, according to unconfirmed reports last year. The company \u2014 which is half-owned by the Abu Dhabi sovereign wealth fund ADQ \u2014 was reportedly eyeing land under a direct purchase or a long-term lease agreement in Toshka to grow wheat and corn.<\/p>\n

The company's strategy is built on three main pillars \u2014<\/strong> producing strategic crops, supporting exports, and adopting sustainable agricultural practices to maximize land productivity, Tawfik concluded.<\/p>\n

Al Dahra is no stranger to Egypt:<\/strong> The firm currently owns 67k feddans of land in Toshka, East Owaynat, and El Salheya, and is the biggest private-sector wheat producer in Egypt. It has so far reclaimed some 40k feddans of the land it owns, and has invested around USD 250 mn to reclaim and cultivate this land for producing strategic crops that include wheat, corn, and sugar beets, according to a press release (pdf)<\/a>.<\/p>\n

The firm is also the largest local supplier of wheat,<\/strong> having sold around 450k tons of wheat to the government over the past five years, making it GASC\u2019s largest local private-sector supplier. The firm has also produced around 210k tons of corn and 90k tons of sugar beets over the past five years and currently ranks among the top ten private citrus producers in the Egyptian market. The company claims that it has helped cut the country\u2019s import bill by USD 250 mn since Al Dahra set up its arm in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company has invested around USD 250 mn to reclaim and cultivate 40k feddans<\/p>\n","protected":false},"author":1,"featured_media":655552,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[7272],"tags":[97,8905,317,72,564,125,563],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-655551","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment-watch","tag-agriculture","tag-al-dahra","tag-commodities","tag-enterpriseam","tag-food","tag-investment-watch","tag-wheat","wpautop","entry"],"acf":{"mongo_id":"1991fbce-b46c-45ef-a30b-ea8ab3844fa9","order":"6","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/11\/1915.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Al Dahra\u2019s Egypt arm looks to invest USD 230 mn to purchase up to 90k feddans, fund reclamation","related_issue":[655541],"teaser":"The company has invested around USD 250 mn to reclaim and cultivate 40k feddans","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/11\/.4b3185ff-75ec-45a2-b5dd-a87b4d37ccab.mp3"},"yoast_head":"\nUAE\u2019s Al Dahra looks to invest USD 230 mn to purchase up to 90k feddans, fund reclamation - 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\/2024\/11\/20\/uaes-al-dahra-looks-to-invest-usd-230-mn-to-purchase-up-to-90k-feddans-fund-reclamation\/\" \/>\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 looks to invest USD 230 mn to purchase up to 90k feddans, fund 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"Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/8\/917.jpg?fit=%2C&ssl=1&resize=350%2C200","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":655551,"position":3},"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":[]},{"id":671861,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/09\/15\/oil-ministry-inks-usd-121-mn-worth-of-oil-and-gas-exploration-agreements\/","url_meta":{"origin":655551,"position":4},"title":"Oil Ministry inks USD 121 mn worth of oil and gas exploration agreements","author":"enterpriseam admin","date":"15 September 2025","format":false,"excerpt":"PLUS- EGPC plans to recover 13 mn barrels of crude oil and condensate reserves in 4Q 2025","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\/2024\/10\/1027.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":608455,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/10\/19\/this-evening-5g-licenses-coming-this-year-president-abdel-fattah-el-sidi-meeting-with-jordanian-counterpart-king-abdullah-ii-in-cairo\/","url_meta":{"origin":655551,"position":5},"title":"THIS EVENING: 5G licenses coming this year? + President Abdel Fattah El Sidi meeting with Jordanian counterpart King Abdullah II in Cairo","author":"enterpriseam admin","date":"19 October 2023","format":false,"excerpt":"Good afternoon, friends, and happy THURSDAY. 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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/655551","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=655551"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/655551\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/655541"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/655552"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=655551"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=655551"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=655551"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=655551"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=655551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}