Egyptian government committee allotted 75,000-feddan farmland to the National Agricultural Development Company (NADEC) at Toshka project of southern Egypt, the company said in a filing to Tadawul.

A final Egyptian cabinet approval has yet to be obtained.

The investment falls within the company’s hunt for alternative agricultural investment opportunities abroad given Saudi Arabia’s water conservation plans.

In December 2013, the company signed a contract with Egyptian agriculture ministry to reclaim 70,000 feddan in Toshki project and set up a dairy farm

Comments 0

Be the first to comment

loader Train
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2025, Argaam Investment, All Rights Reserved
Call Request

Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.

Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website