AgriTech can address food security issues in GCC

12/05/22

The countries in the Gulf Cooperation Council (GCC) are increasing their efforts to address issues related to food security by investing in domestic production and embracing innovative agri-tech (or agricultural technology) solutions according to a new report.

The report titled 'Agri-Tech and Food Security in the GCC' was developed by the Oxford Business Group (OBG) in partnership with the Arab Organisation for Agricultural Development (AOAD)

It considers the current disruptions to global supply chains caused by the pandemic and the situation in Ukraine. These factors have heightened the need to increase domestic production in the GCC.

Further, the report examines challenges that the region has long faced, including water scarcity and a lack of arable land and which have been worsened by climate change. As a result, the countries in the GCC have been working hard to limit food imports by investing in sustainable and supportive agri-tech solutions including water and waste-water management.

The focus of the governments in the region has created an attractive environment for regional and international businesses and the sector is expected to see more growth in the future.

With food production contributing significantly to global emissions, it is hoped that new agri-tech solutions can mitigate the effects of climate change and limit future risks.

Please click on the link and reach out to learn more about opportunities and possibilities in the field of agriculture and especially agri-tech in the Sultanate of Oman as well as the initiatives of Business Start Up Oman.

Other News

News 2 thumb

Oman`s Be’ah and Nitaj advance energy and farming projects

Oman`s Be’ah municipal waste management agency is implementing initiatives and strategies aimed at unlocking energy and other value streams from waste.

Projects in various stages of early development...

Read more
News 1 thumb

Oman to GCC direct power interconnection to be ready by 2026

Oman and the GCC Interconnection Authority (GCCIA) have designed an upgraded direct interconnection link to be completed by 2026 according to Oman’s national grid operator OETC.

The new link will...

Read more
News 30 - Thumb

Oman trade with Qatar amounted to OMR 571 million in 2023

Oman and Qatar recently announced an increase in trade volume of 20%, reaching OMR 571.15 million (USD 1.48 billion) in 2023 compared to OMR 475.96 million (USD 1.24 billion) in 2021.

The figures were...

Read more
News 29 - Thumb

Oman and UAE announce commencement of Hafeet Rail project

Oman will soon begin construction on its revolutionary railway project, which will connect Sohar to Al Ain and Abu Dhabi - a distance of over 300km.

Named 'Hafeet Rail', the visionary OMR 1.15 billion...

Read more
News 27 - Thumb

Oman to explore new initiatives to unlock offshore oil potential

Oman’s vast and untapped offshore hydrocarbon sector holds the key to potentially unlocking resources that will help sustain the country’s oil and gas production over the long-term.

Unlocking the...

Read more
News 26 - Thumb

Oman to implement global IBAN banking system

Oman`s Central Bank (CBO) has announced it will introduce the International Bank Account Number (IBAN) standard enabling seamless local and international payments.

The banks initiative will [modernise...

Read more
News 25 - Thumb

Oman Airports celebrates record profits in 2023

Oman Airports and its subsidiaries have achieved remarkable growth in both financial performance and operational efficiency as highlighted in a latest report.

According to Oman Airports...

Read more
News 24 - Thumb

Oman Ministry showcases investment opportunities

Omans Ministry of Commerce, Industry and Investment Promotion recently promoted notable investment opportunities to foreign ambassadors and heads of global diplomatic missions.

The forum was hosted...

Read more

Page Break