Category: Uncategorized
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UAE re-elected to membership of the Executive Council of the Arab Civil Aviation Organization
The United Arab Emirates, represented by the General Civil Aviation Authority, won re-election to the Executive Council of the Arab Civil Aviation Organization for a period of two years, by unanimous vote.
This came during the elections held during the organization’s General Assembly, which was held in Rabat, Morocco, on July 3 and 4.
His Excellency Abdullah bin Touq Al Marri, Minister of Economy and Chairman of the Board of Directors of the General Civil Aviation Authority, said : “Thanks to the directives of the wise leadership, the UAE is witnessing a new achievement added to the UAE civil aviation sector through its re-election to membership in the Executive Council of the Arab Civil Aviation Organization.”
He explained that this achievement is a confirmation of the strong and distinguished partnership that links the UAE with its brothers in the Arab countries, and an indicator of confidence in the strength and position of the civil aviation sector as a global aviation center.
His Excellency added: “There is no doubt that civil aviation is one of the strong files on the Arab cooperation agenda, which has achieved progress in a number of key files. The UAE is keen to support all efforts that would enhance and develop joint Arab action and advance it to more advanced levels that serve the future development visions of Arab countries and enhance the path of economic growth at the regional level.”
For his part, His Excellency Saif Mohammed Al Suwaidi, Director General of the General Civil Aviation Authority, expressed his pride and honor in achieving this accomplishment, which came as a result of the wise vision of the wise leadership and an affirmation of the country’s position as a major and distinguished driver in this sector at the Arab and international levels.
His Excellency explained that the UAE is committed to supporting all efforts aimed at enhancing joint Arab action, especially in the civil aviation sector. The country will continue to support the initiatives and efforts of the Arab Organization, and work with the elected Chairman of the Executive Council to support the strategic and administrative plans of the organization, in a way that achieves benefit and ensures a safe and sustainable future for the Arab aviation sector, enhances the weight and strength of the Arab Group in the International Civil Aviation Organization (ICAO), and contributes to raising the Arab civil aviation sector to a more advanced and prosperous position.
It is noteworthy that the Executive Council of the organization consists of nine members elected by the General Assembly from among the candidates of the member states of the organization for a period of two years, and is responsible for the decisions and recommendations of the organization.
source/content: wam.ae (headline edited)
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UNITED ARAB EMIRATES (U.A.E)
QATAR / ALGERIA : Baladna Qatar signs US$3.5B deal with Algeria to develop ‘world’s largest’ dairy farm project
Baladna, Qatar based agricultural company has entered into a US$3.5 billion agreement with the Algerian Ministry of Agriculture and Rural Development to develop the ‘world’s largest integrated dairy farming and production project’.
According to a filing on the Qatar Stock Exchange, the project will cover 117,000 hectares and will be segregated into three hubs, each comprising an arable farming operation, a dairy and beef farming operation, and a powdered milk manufacturing facility.
In addition, Baladna highlighted that the herd at the project will reach 270, 000 with a production capacity of 1.7 billion litres of milk yearly.
The company also added that it is aiming to meet 50% of Algeria’s demand for milk powdered milk and create 5,000 direct local jobs.
“It will also leverage modern technology and best management practices to enhance dairy farming efficiency, reduce production costs through economies of scale, and improve control over the entire value chain.”
“Baladna will hold a 51% share of the venture, with the remaining 49% held by the Algerian State through its National Investment Fund.”
On the other hand, the Algerian Agriculture Ministry added that the project will help in reducing Algerian imports of powdered milk and create jobs for its youth.
Milk is an important industry in Algeria, and the country has seen shortages of the product in recent years and as a result, the North African country heavily relies on powdered milk imports.
In 2022, according to data from the Observatory of Economic Complexity, Algeria imported US$1.62 billion of concentrated milk ranking as the world’s second-largest concentrated milk importer.
Data from USDA revealed that in 2022, Algeria’s milk powder imports increased and were forecast to keep the upward trend in 2023.
Meanwhile, the Government of Algeria’s (GOA) overall strategy to develop and improve domestic production and reduce imports for several sectors including dairy remains a priority.
In 2022, the Minister of Agriculture, Abdelhafid Henni estimated local fluid milk production at 2.5 billion liters per year, while domestic market needs for fresh milk were estimated at 4.5 billion liters per year.
Therefore, in the past two decades, the GOA has adopted various incentives to increase domestic milk production. There were several programs available to expand herd size and productivity including increasing access to artificial insemination, embryo transfer, and importing pregnant heifers and dairy cattle.
In addition, the GOA has been providing more than US$129 million in annual support for the local production of fresh milk. This amount of subsidy mainly includes subsidies for dairy cattle breeders US$0.088/l, milk collectors US$0.037/l and dairy processors US$0.029/l.
The dairy cow breeders receive a subsidy of US$444.44 for each new dairy cow birth while ensuring veterinary coverage and free vaccination against foot-and-mouth disease.
source/content: dailybusinessafrica.com (headline edited)
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QATAR / ALGERIA