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Agriculture
info@aaaid.org
www.aaaid.org
Activity: agricultural investment
Date of Creation: 1976
Authorized capital: 150 million Kuwaiti Dinars
Paid up capital: 100.3 million Kuwaiti Dinars
The Arab Authority for Agricultural Investment and
Development (AAAID) is a legal entity acting as an
independent financial agricultural investment institu-
tion. Every Arab country is eligible to join the organi-
zation. In 2010, it consists of 20 countries: Kingdom
of Saudi Arabia, State of Kuwait; United Arab Emir-
ates, Republic of Sudan, Republic of Iraq, State of
Qatar, Arab Republic of Egypt, People’s Democratic
Republic of Algeria, Kingdom of Morocco, Islamic
Republic of Mauritania, Syrian Arab Republic, Re-
public of Somalia, Republic of Tunisia, Sultanate of
Oman, Kingdom of Bahrain, Hashemite Kingdom
of Jordan, Republic of Lebanon, State of Palestine,
Republic of Yemen, and the Union of The Comoros.
The objective of the organization is to achieve Arab
food security, develop the agricultural resources of
the member states, focus on the production of the
maximum amount of food, and to amplify the ex-
change of agricultural products and inputs between
Arab countries. Thus, AAAID gives priority to pro-
jects for the production of cereals, especially wheat,
vegetable oil, specially sunflower, sesame, peanut,
cotton seed, olive oils, forages, specially alfalfa (jet),
sorghum, barley, sugar, milk and milk products,
poultry, fish, vegetables and fruits and agricultural
inputs, specially fertilizers, veterinary medicines ...
etc.
In order to do so, the AAAID focuses on the promo-
tion, financing and implementation of projects and
other activities which are necessary or complemen-
tary to its investment and development activity. It
also conducts agricultural research and studies and
cooperates with international, regional and national
organizations involved in investment and develop-
ment.
The total of AAAID shareholdings in companies
amounted to US $332 million (equivalent to about
95% of AAAID paid-up capital), covering 24 exist-
ing companies ( in addition to Inter-Arab Trade Fi-
nancing Program and the Arab Investment & Export
Credit Guarantee Corporation ), 4 companies under
implementation and 1 company under establish-
ment. The Sudanese companies involved are Ke-
nana, the Arab Sudanese Vegetal Oil Co, the Arab
Sudanese Blue Nile Agricultural Company, White
Sudanese rural workers