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Food security echoes at agriculture meet

ALKESH SHARMA / EMIRATES BUSINESS Methods needed to increase the global food production by 70 percent to feed over 9 billion people by 2050; mechanisms best suited to profitably restore land globally; ways to tackle the current worldwide water crisis and steps to bring all economies on a common platform to ensure food security. Participants racked their brains as they ...

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ADIA acquires 36% stake in Peruvian power company

ABU DHABI / WAM Blue Bolt Limited, a wholly owned subsidiary of Abu Dhabi Investment Authority (ADIA) has acquired a 36% stake in Fenix Power Peru, a thermoelectric power generation company in Lima, as part of a consortium transaction valued at US$786 million. The Peruvian investment fund SIGMA holds 13% of Fenix. Fenix Power is a power generation company which ...

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UAE, Singapore boost trade

SINGAPORE / WAM A round-table meeting, organised by the UAE Economy Ministry and Executive Directors of 15 of the biggest investment companies in Singapore, was held on Tuesday. The meeting reviewed the importance of expanding economic relations between the UAE and the Republic of Singapore and the need to promote trade and investment establish strong strategic partnerships between the two ...

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