Middle Eastern giant Baladna is refocusing investments into projects targeting food security in more overseas markets as well as its new cheese production operation, marking a strategic shift despite positive financial results for FY2023 to date.
Qatari dairy giant Baladna is looking at more markets in South East Asia to bring its sustainable dairy self-sufficiency model to, after successfully securing and setting up its joint venture in Malaysia.
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.
Global farming techniques are coming under increasing strain. A variety of factors - population growth, geopolitical tensions, climate change, shifting consumer behavior and more – are pushing the limits of current agricultural productivity.