Hassad Food, Qatar’s premier investor in the agriculture and livestock sectors has appointed Fahad Abdulla Turki Al-Subaiey as the new chief executive officer based at the company’s headquarters in Doha.
Qatar's energy resources have given it one of the world's highest per capita incomes. But its wealth may not be enough for the arid state to achieve its ambition to become largely self-sufficient in food.
Qatar has been investing in large
Hassad Food, owned by Qatar's sovereign wealth fund, plans to acquire a sugar project in Brazil with a capacity to produce 25 million tonnes per annum, Qatar News agency said.
Qatar, like other Gulf states, imports the majority of its food
Hassad Food, owned by Qatar's sovereign wealth fund, plans to develop a $68.5 million poultry project with Oman's A'Saffa Poultry to secure food supplies in the Gulf state, A'Saffa's chief executive said.
"The farm will begin operation in
Hassad Food, owned by Qatar's sovereign wealth fund, will buck the Gulf trend of buying farmland abroad to secure food supplies and consider taking stakes in agricultural companies instead, its chairman said.
Nasser Mohamed Al Hajri