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AAAID contributes to Agriculture holding fund
EZZ AL NOBI ANAS HABIB Published in Youm7 on 31 - 10 - 2011

The Arab Authority for Agricultural Investment and Development (AAAID) announced it will contribute 20 percent of the capital for the Arab Holding Company for Agricultural Investment, estimated at U.S. $180 million (1.1 billion EGP).
A feasibility study carried out by the AAAID showed that Egypt leads the Arab states in attracting agricultural investment.
A representative of AAAID's board of directors, Saad Nassar, said that it sent a request to Minister of Agriculture Salah Farag to establish a regional office in Egypt.
The Arab Holding Company for Agricultural Investment has holdings in Algeria, Egypt, Jordan, Morocco, Saudi Arabia, Sudan, Syria, Tunisia, and Yemen. The company's goal is to increase agricultural production.

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