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FINANCIAL NEWS
Abu Dhabi’s Al Dahra to acquire Serbian farm firms for USD400m
30 Mar 2013
(MENAFN) Serbia’s Finance Ministry announced that Abu Dhabi-based Al Dahra plans to spend USD400 million to acquire 8 farm firms in the Balkan country, reported Arabian Business.
According to Finance Minister Mladjan Dinkic, Al Dahra’s investment, the biggest in Serbian agriculture for decades, will see the firm develop these companies to grow and process food and fodder for export purposes.
He added that a third of the investment will be allocated for the purchase of 8 bankrupt agricultural firms, chiefly in Serbia’s fertile north, whereas the rest will be invested in irrigation and the development of at least 5 fodder plants.
It is worth noting that Serbia has also secured a USD400 million loan from Abu Dhabi Development Fund, which will be also used to develop the country’s agricultural sector.
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BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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