Bahrain's sovereign wealth fund transfers Gheras to boost food security and sustainable farming.

Bahrain Mumtalakat Holding Company, the nation's sovereign wealth fund, has agreed to transfer Bahrain Agriculture Development Company (Gheras) to its subsidiary, Bahrain Food Holding Company (BFHC). This strategic move aims to enhance food security and promote sustainable agricultural practices, such as hydroponic farming. The consolidation is part of Bahrain's efforts to boost local food production and innovation in the agri-food sector.

November 03, 2024
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