Edition:
United Kingdom

Maha El Dahan

Severe bread shortages loom for Syria as fresh U.S. sanctions grip

09 Jul 2020

DUBAI/BEIRUT Syria could face severe bread shortages for the first time since the start of the war, another challenge for President Bashar al-Assad as he grapples with an economic meltdown and fresh U.S. sanctions, a U.N. official, activists and farmers said.

Saudi Arabia completes first phase of state mills privatisation

08 Jul 2020

DUBAI/LONDON Saudi Arabia said on Wednesday it had completed the first batch of its flour milling sector privatisation, according to a statement by the state grain buyer and privatisation centre.

Yemen could face 'catastrophic' food situation as pandemic worsens - FAO

18 May 2020

DUBAI Yemen, already pushed to the brink of famine by a five-year war, could see a "catastrophic" food security situation due to the coronavirus pandemic and lower remittances from the Gulf, the U.N.'s Food and Agriculture Organisation (FAO) said on Monday.

Commodities trader Phoenix goes into liquidation due to coronavirus: documents

08 May 2020

DUBAI/SINGAPORE Phoenix Commodities Pvt Ltd, a trader of agricultural products with offices in Dubai and Singapore, is being liquidated after amassing more than $400 million in potential trading losses, according a document prepared by the liquidators seen by Reuters.

Exclusive:Iran hunts for grains as coronavirus compounds economic woes

07 May 2020

DUBAI/LONDON Iran is scrambling to buy millions of tonnes of wheat, corn and soybeans to shore up its reserves, Iranian officials and traders said, despite President Hassan Rouhani's assertions that the coronavirus would not endanger food supplies to the Middle Eastern country worst hit by the pandemic.

Exclusive: Saudi Arabia makes first wheat purchase from overseas farmland investment

27 Apr 2020

DUBAI Saudi Arabia's state grain buyer SAGO said on Monday it bought 60,000 tonnes of Ukraine wheat from investment firm SALIC, marking its first purchase from agricultural investments overseas aimed at enhancing the country's food security.

EXCLUSIVE-Saudi Arabia makes first wheat purchase from overseas farmland investment

27 Apr 2020

* Agriculture investment firms SALIC and Al Rajhi first to compete

EXCLUSIVE-Saudi Arabia makes first wheat purchase from overseas farmland investment

27 Apr 2020

* Agriculture investment firms SALIC and Al Rajhi first to compete

UAE farms see boom not gloom in coronavirus lockdowns

20 Apr 2020

DUBAI As coronavirus lockdowns crush businesses around the world, high-tech farming projects in the United Arab Emirates are eyeing large growth as authorities plough funds into agritech projects.

Food security concerns stoked as exporters curb sales, importers buy more

27 Mar 2020

SINGAPORE/DUBAI Global food security concerns are mounting as some governments contemplate restricting the flow of staple foods with around a fifth of the world's population under lockdown to fight the widening coronavirus pandemic.

World News