Binyamin Ali

The UAE capital will deploy $270m by 2021 as part of a strategic agtech program that has the end-goal of turning the city into a regional and global exporting hub of food tech innovation.

TIR Europe Forestry Fund II is close to securing its first acquisition – a $30m property in the south-east US.

The first $10m tranche of the investment forms the bulk of Pure Harvest’s $20.6m Series A, with access to the rest of the outlay dependent on expansion targets being met.

US-based vertical farmer AeroFarms will build what is claimed to be the largest vertical farming R&D center of its kind in Abu Dhabi, while UAE-based vertical farmer Madar Farms will build an indoor tomato farm through the investment.

The Eastern European country has some 41m ha of underdeveloped arable land. A new law that ends the near 20-year moratorium on farmland sales is just the start of a long road ahead.

Unlike various other ag segments, fishing and aquaculture will continue to suffer as long as populations are in lockdown and restaurants remain closed.

Agribusiness managing director Anuj Maheshwari discusses the role the state-owned firm could play in improving the global food value chain and why Asia needs tech-hubs to feed itself.

During a time of unprecedented global crisis and widespread turmoil across asset classes, ag industry stakeholders continue to feel upbeat about their investments.

The practice of voluntarily conducting and disclosing climate-related financial risk analysis is in its early days, but awareness and engagement are gathering pace.

The fund had received subscriptions from institutional investors, private banks and wealth managers, all of which were returned after the income trust's IPO was pulled from the market.