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AgTech Food Security Policy

Vision to make the UAE a global AgTech hub

The AgriTech Sector Development Team – a team comprising public and private-sector stakeholders from the UAE’s growing agricultural technology sector – convened for a workshop to explore proposed interventions to promote the adoption of technology in agricultural sub-sectors, with the objective of ensuring food security for current and future generations in the UAE. The team […]

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AgTech FoodTech Sustainability

‘The CovHack Virtual Innovation Challenge’ on circular food economy

iFarm, Palm Co. win “The CovHack Virtual Innovation Challenge” on the theme “Circular Economy for Food”. iFarm, from Finland, topped the Start-ups category, while Palm Co. from the UAE dominated the Teams category. The challenge received 339 entries. A total of 112 applications – 43 in the Teams category and 69 in the Start-ups category […]

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Bankruptcy Commodities

Phoenix Commodities has gone into liquidation after amassing $400m in potential trading losses

Phoenix Commodities, a trader of agricultural products with offices in Dubai and Singapore, is being liquidated after amassing more than US$400 million (S$567 million) in potential trading losses. It was valued at $1.1bn-$1.24bn as recently as January, according to a document filed by its provisional liquidators.. The Phoenix Group, which was registered in the British […]