Middle East Economic Survey

VOL. LII

No 42

19-Oct-2009

REGIONAL

Gulf States Launch New Agriculture Fund

Gulf Arab states will invest $2bn in new agricultural fund aimed at securing food supplies to the region, it was announced on 11 October. The new agricultural holding company, which has yet to be named, will be part of the Arab Authority for Agricultural Investment and Development (AAAID), which was launched in 1976 and is currently made up of 20 Arab and African states. The organization already...