News AGTHIA COMPLETES TRANSACTION WITH AL FOAH TO CREATE TOP 10 F&B COMPANY IN THE REGION Agthia Group PJSC, a leading food and beverages company, announced the successful completion of its strategic combination with Al Foah, the world’s largest date processing and packaging company based in Abu Dhabi.
With the integration of Al Foah into Agthia as a strategic business unit, Agthia has instantly become the domestic market leader in four essential food and beverage categories: water, dates, flour, and animal feed, in addition to having a diversified international exposure within the date category. As a more robust, diversified, and consumer-centric food and beverage player, Agthia will
have an even stronger platform to compete across the MENA region and beyond. The transaction – which was first proposed by General Holding Corporation PJSC (Senaat) to the Agthia Board of Directors in October 2020 and received approval from Agthia’s shareholders in November 2020 – saw Senaat transfer Al Foah’s business, excluding its organic date farm in Al Ain, to Agthia in exchange
AL AIN FARMS ANNOUNCES THE WINNERS OF THE FIRST BOVINE COMPETITION IN THE UAE DR. ROULA SHAABAN, THE FIRST EMIRATI FEMALE VETERINARIAN, REVEALED THE WINNERS OF THE FIRST-EVER COW MILKING CONTEST IN THE UAE AT AL AIN FARMS
Al Ain Farms, UAE’s first and largest local dairy brand, has announced the winners of the seven-day local dairy farmers contest, First in Region Bovine Competition, that gathered the representatives from all local farmers and dairy industries competing in a challenge of highest milk production per a cow. The winner of the contest was Al Rawabi Dairy, who clinched the title and a cash prize of AED 20,000. Marmum Dairy took second place, with an AED 19,000 cash prize, and Al Ain Farms took third place and AED18,000. 7 more winners were announced from Al Rawabi Dairy, Zakher Dairy Farm, Al Ain Farms,
Al Dahra Dairy Company and Emirates Dairy Farm who all took the title of the winners of the bovine show, first in region. Other participating farms included MTKMN, Marai Farms and Hilli Farms. As an active supporter and advocate of local dairy farming, Al Ain Farms instituted the event as a platform to bring local farmers and large-scale dairy producers together, who jointly play a key role in providing fresh, healthy, and nutritious produce for residents of the UAE and by their combined efforts play a major role in the food security of the country. The event also emphasizes Al Ain Farms’ commitment to animal welfare, and the exceptional standards of animal care adopted by each participant in and throughout the event, as the cows were hosted by Al Ain Farms veterinary teams and handlers, and were taken care with all needs of food, water, milking and care 24/7 on Al Ain Farms site. The judging of the competition
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entries was under the expert guidance of Dr. Roula Shaaban, the first Emirati female veterinarian and counselor for the Middle East and North Africa region of the World Veterinary Association, supported by two more Emirati female veterinarians. This was the first allfemale vet jury recorded in the Middle East. CEO of Al Ain Farms Willem van Walt Meijer said; “The event has been a true celebration of local food production scale, showcasing the excellence and integrity of the UAE’s local farming community. As a proud host of this competition, Al Ain Farms will continue to work closely with the local authorities, and colleagues from the farming sector to bring new information and opportunities that support this vital community in the UAE”. Dr. Roula Shaaban said; “While we congratulate the winners, it must be said that all the participants from the local farms have exceeded our expectations, and truly deserve the recognition in the Al Ain Farms Bovine Competition. It has been a privilege for me to judge this contest, and to work with Al Ain Farms as we support the local farmers of the UAE”.
January-February 2021
