Ghitha Holding, a subsidiary of 2PointZero and a major player in the regional food trading sector, has announced a 23% jump in its revenue for the first quarter of 2026 which rose to AED1.62 billion ($441 million), mainly driven by strong momentum across the Group’s core business segments.
Sudan is emerging as an unlikely economic beneficiary of the geopolitical upheaval triggered by the Israel-US war on Iran, as disruptions in the Strait of Hormuz force Gulf states to rethink supply chains and food security strategies now more than ever, according to an industry expert.
Saudi Agricultural and Livestock Investment Company (Salic), a Saudi PIF unit, and global agri-tech leader Syngenta have signed an agreement to bolster global food security through strategic tieups, technology and responsible practices.