09/22/2025 | Press release | Archived content
Date: 22 Sep, 2025
The Arab Authority for Agricultural Investment and Development (AAAID) held a meeting at its head office, chaired by H.E. Dr. Obaid Al Zaabi, Chairman of the Board, with H.E. Mr. Abdullah Al Rashdi, Chief Investment Officer of the Oman Food Investment Holding "NATAG," to reinforce their ongoing collaboration and further develop joint agricultural and food investments.
During the meeting, both parties discussed updates on enhancing existing partnership avenues and explored potential new investment opportunities to foster growth in the agricultural and food sectors. They also reviewed the status of the companies jointly owned by AAAID and NATAG and highlighted key challenges facing these companies. Both sides emphasized the importance of strategic plans to support operational performance and achieve future objectives, positively impacting the livestock sector and the food and veterinary industries in Oman and the wider region.
AAAID, in partnership with NATAG, is actively involved in several leading projects in Oman, including Al Marooj Dairy Company, Al Bashayer Meat Company, and the National Veterinary Vaccines Company.
The meeting underscores AAAID's ongoing efforts to develop its joint investments with Arab and national institutions, achieve targeted returns, strengthen Arab food security, and support sustainable investments across agricultural, food, and veterinary sectors.