BR100 Increased By (0.54%)
BR30 Increased By (0.56%)
KSE100 Increased By (0.33%)
KSE30 Increased By (0.24%)
BECO 6.07 Increased By ▲ 0.04 (0.66%)
BML 58.00 Increased By ▲ 5.25 (9.95%)
BOP 34.18 Decreased By ▼ -0.07 (-0.2%)
CNERGY 8.24 Increased By ▲ 0.08 (0.98%)
DCL 12.20 Decreased By ▼ -0.14 (-1.13%)
FCCL 54.25 Increased By ▲ 0.36 (0.67%)
FCSC 5.23 Increased By ▲ 0.01 (0.19%)
FFL 18.09 Increased By ▲ 0.06 (0.33%)
FNEL 1.31 Increased By ▲ 0.01 (0.77%)
HUMNL 11.22 Increased By ▲ 0.22 (2%)
KEL 8.16 Increased By ▲ 0.05 (0.62%)
KOSM 5.44 Increased By ▲ 0.06 (1.12%)
MLCF 88.96 Increased By ▲ 0.91 (1.03%)
NBP 186.49 Increased By ▲ 0.01 (0.01%)
PACE 10.75 Increased By ▲ 0.03 (0.28%)
PAEL 40.43 Increased By ▲ 0.49 (1.23%)
PIAHCLA 26.35 Increased By ▲ 0.18 (0.69%)
PIBTL 17.45 Increased By ▲ 0.13 (0.75%)
PPL 233.49 Increased By ▲ 0.71 (0.31%)
PRL 34.83 Decreased By ▼ -0.12 (-0.34%)
PTC 67.00 Decreased By ▼ -0.56 (-0.83%)
SEARL 91.31 Increased By ▲ 0.38 (0.42%)
SSGC 27.10 Decreased By ▼ -0.07 (-0.26%)
TELE 8.58 Increased By ▲ 0.01 (0.12%)
THCCL 65.01 Increased By ▲ 4.88 (8.12%)
TPLP 9.10 Increased By ▲ 0.34 (3.88%)
TREET 24.72 Increased By ▲ 0.18 (0.73%)
TRG 73.10 Increased By ▲ 1.35 (1.88%)
WAVES 10.62 Increased By ▲ 0.64 (6.41%)
WTL 1.27 Increased By ▲ 0.01 (0.79%)

A rice mill with a production capacity of 80,000 tonnes a year will start operations in Abu Dhabi in the second quarter of 2016, a senior executive said on Sunday. The Al Dahra Kohinoor LLC facility, a joint venture between Abu Dhabi's agribusiness firm Al Dahra Holding and India's Kohinoor Foods, will be located in the Khalifa Industrial Zone Abu Dhabi (Kizad).
"Al Dahra Kohinoor facility will ensure the sustainable and undisrupted supply of essential food commodities into the Emirate (Abu Dhabi) and we are eager to launch operations by the second quarter of 2016," Khadim al-Darei, vice chairman and managing director of Al Dahra Holding said in a statement. Al Dahra is the government's strategic partner on food security matters. The UAE relies on imports for 85 percent of its food consumption. The facility will handle the full production cycle from milling, storing, packing and distributing the rice within the UAE and exporting to foreign markets via Khalifa Port. The 140 million dirham ($38 million) facility will have a storage capacity of 50,000 tonnes of rice, the statement said.

Copyright Reuters, 2015

Comments

Comments are closed for this article.