India, Saudi Arabia renew Strategic Partnership theindianawaaz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theindianawaaz.com Daily Mail and Mail on Sunday newspapers.
Indian markets, which were trending up earlier in the week, fell on strong negative news from the US – tough talk by the US Federal Reserve on interest rates and the collapse of Silicon Valley Bank.
New Delhi, Nov 10: LT Foods Ltd on Thursday said it has raised nearly Rs 390 crore by selling shares to Saudi Agricultural and Livestock Investment Company (SALIC) through private placement. In a regulatory filing, the company informed that its board has approved issuance and allotment by way of a preferential allotment on a private placement basis up to 27,408,164 equity shares at a price of Rs 142.23 per share for cash consideration of up to Rs 389.82 crore. The […]
DUBAI: Qatar’s Baladna plans to grow crops in Bulgaria and Romania as the Gulf state boosts its food security in the wake of a pandemic that has exposed the fragility of the global supply chain.
The Doha-listed company also plans to add 1,000 hectares of farm land to grow green crops as it expands its product line ahead of the 2022 World Cup.
Baladna managing director Ramez Al-Khayyat told Bloomberg TV on Wednesday it planned to add 50 more products this year to boost its domestic market while also expanding overseas.
“Today we are exporting to 11 countries from five countries last year,” he said. “In Romania and Bulgaria where we are targeting some backward integration in order to grow our crops there.”