LiveMarket prices
Wheat flour (packaged)58+0.0%Ginger (imported)167+0.0%Ginger (local)154+0.0%Aman rice (medium)56+0.0%Aman rice (coarse)48+0.0%Aman rice (fine)72+0.0%Iodised salt (packaged)32+0.0%Green chilli218+0.0%Broiler chicken162+0.0%Mutton900+0.0%Sugar (local)132+0.0%Chickpeas (whole)85+0.0%Farm eggs (red)47+0.0%Onion (local)60+0.0%Boro rice (medium)55+0.0%Boro rice (coarse)47+0.0%Boro rice (fine)66+0.0%Beef729+0.0%Mung dal122+0.0%Garlic (imported)192+0.0%Garlic (local)173+0.0%Soybean oil163+0.0%
Updated 8 October 2026
Dhaka25°FairHumidity 91%Wind 5 km/h

UAE's Elite Agro commits $180m to farms in Mauritania, Morocco and Al Ain

Elite Agro Holding announced AED660m ($180m) of farm investments over more than 9,300 hectares, led by a $120m, 8,900-hectare project in Mauritania aimed at about 244,000 tonnes of produce for local and regional markets.

UAE's Elite Agro commits $180m to farms in Mauritania, Morocco and Al Ain
Agribusiness

Emirati agribusiness Elite Agro Holding has announced AED660 million ($180m) of agricultural investments in the UAE, Morocco and Mauritania, covering more than 9,300 hectares. The deals were unveiled during Global Food Week 2026 in Abu Dhabi.

The largest is in Mauritania, where Elite Agro, the Arab Authority for Agricultural Investment and Development and SAPA AGRIMA signed an agreement to develop the Aftout/Rosso agricultural project. Elite Agro plans to put AED440m ($120m) into the 8,900-hectare operation, targeting about 244,000 tonnes of produce for the Mauritanian market and for export to neighbouring countries.

In Morocco the company is investing AED140m in the roughly 400-hectare Sidi Yehia Farm, and in the UAE a further AED80m is going into a 25-hectare blueberry project in Al Ain.

The UAE's Minister of Foreign Trade, Dr Thani bin Ahmed Al Zeyoudi, said the investments show the importance of cross-border cooperation for sustainable agriculture and reliable food supply chains. Chief executive Hassan Halawy linked the expansion to food security, jobs and the transfer of farming skills and technology. AgNavigator notes that the strategy pairs production abroad with technology at home, such as the Integrated Agri-Tech Innovation Centre for vertical farming, hydroponics, automation and AI that opened in Sharjah on 16 September.

The report was written by Oliver Morrison for AgNavigator.

Photo: weirdweasel / Wikimedia Commons (CC BY-SA 4.0)

Source: AgNavigator

AgNavigatorSource

Agribusiness

Related stories

Comments

(0)