The Arab Authority for Agricultural Investment and Development (AAID) is planning a storage system for three to six months of Gulf region grain reserves. The location will most likely be in the UAE because it is close to the port of Fujairah in the Gulf of Oman. This project comes in conjunction with the start of an agricultural land investment company to buy land in the Middle East and throughout Central Asia. Egypt is being heavily considered for more investment in wheat and oilseed production as well.
http://www.tradearabia.com/news/FOOD_213044.html
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