The French dairy group says the agreement would contribute to reducing its emissions from the region while reinforcing the company’s presence in the Middle Eastern Gulf.
Baladna, a Qatar Public Shareholding Company, has acquired a 5% stake in the Egyptian company Juhayna Food Industries Company, which is listed on the Egyptian Stock Exchange, through several purchases of shares from the market.
The Philippines, through the Department of Agriculture (DA) and the Department of Trade and Industry (DTI), has partnered with Baladna Qatar Public Shareholding Company (QPSC) for the establishment of a $500m integrated dairy facility in the Philippines.
Baladna will bring experience from transforming desert dairy in double-quick time
A government agriculture development agency has joined forces with Qatar’s dairy producer to set up Malaysia’s biggest dairy farm in the next two years in a bid to make the country more self-sufficient in milk production.
You don’t have to be one of the world’s richest countries to thrive when your neighbors are effectively blockading your land, but in the case of Qatar, it helps.