The latest equity investment follows SALIC’s earlier acquisition of 30 percent stake in Daawat, one of LT Foods’ rice processing subsidiary in Indi
Saudi Agricultural and Livestock Investment Company
Latest in Saudi Agricultural and Livestock Investment Company
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
Almarai
Saudi wealth fund transfers stakes in food and agriculture firms
Public Investment Fund transfers shares in Almarai, the National Agricultural Development Company and the Saudi Fisheries Company
agricultural investments
Strategic, sustainable food: What Covid can teach us about resilience
Unprecedented shock underlined the need for resilience throughout the global food system, as well as the critical need for national preparedness
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
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