The latest equity investment follows SALIC’s earlier acquisition of 30 percent stake in Daawat, one of LT Foods’ rice processing subsidiary in Indi
SALIC
Latest in SALIC
Agriculture
Singapore’s Olam Group sells 35.4 percent stake in operating unit to Saudi PIF-owned SALIC for $1.24 billion
The deal was announced a day after the Olam Group delayed a London listing of its food unit – Olam Food Ingredients – due to the war in Ukraine
Fesco
Video: Russia is increasing its presence in the Middle East – RDIF
Kirill Dmitriev, chief executive officer at Russian Direct Investment Fund speaking the sidelines of the Future Investment Initiative in Riyadh
agricultural machinery
Saudi’s SALIC invests in UK agricultural tech firm
Saudi Agricultural and Livestock Investment Company announces investment in London-based Hummingbird Technologies
Agriculture
Saudi’s SALIC makes first Australian farming acquisition
Saudi Agricultural and Livestock Investment Company buys 200,000 hectares in Western Australia’s wheat belt
agricultural
Saudi’s Almarai sells 33% stake in United Farmers Holding
Tadawul-listed dairy giant struggled to maintain profitability in 2018
Crown Prince Mohammed bin Salman
Canada-Saudi dispute to have limited trade impact
Two-way trade between the two countries is tiny – around 0.4 percent of Canada’s total trade in 2017.
diplomatic crisis
Saudi-controlled Canadian grain trader says it’s ‘business as usual’
Winnipeg, Manitoba-based G3 continues to buy and sell grain and prepare for harvest, spokesman Peter Chura said Tuesday.
Iraq economy
Saudi Arabia looking at Iraq farmland investments
SALIC, an arm of the country’s Public Investment Fund, is also looking to expand its investments in the Black Sea region
ICD
Chief executive of Saudi-based ICD departs
Khaled Al-Aboodi will join the Saudi Agricultural and Livestock Investment Co as managing director