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Premium veggies and fruit abound with a fresh UAE basket - Germany's BayWa and Al Dahra expand their value chain with EUR30 million agribusiness in Abu Dhabi - Seite 2

The climate-controlled greenhouse will be constructed on a site with an area of 15 hectares. In a first step, the venture will produce up to 5,000 tons of premium tomatoes per year to be marketed to local food retailers. In the controlled climate of the facilities, vegetables can be harvested throughout the year. Water-efficient technologies will be used, and compared to traditional greenhouses, the system will save 60 percent of water used for irrigation.

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About BayWa AG
Founded in 1923, BayWa AG is an international group with worldwide operations. Its core fields of business are trade, logistics and additional services in the core segments agriculture, energy and construction. International activities are focused on Europe as well as the United States and New Zealand. In the financial year 2016, the group's overall revenues amounted to over 15 billion euros.

With 60%, the Agriculture Segment with trade and other services for the agriculture and food industry has the largest share in the group's revenues. The group plays a significant role in the fruit trading field. BayWa is the largest single marketer of dessert pome fruit in the German food retail sector. After the acquisition of T&G Global Limited from New Zealand as well as the Dutch company TFC, vendor of exotic fruit and vegetable specialties, the group has operations on all continents.

About Al Dahra Holding LCC
Al Dahra Holding is a prominent leader in the agribusiness sector, specializing in the cultivation, production and trading of animal feed and essential human food commodities.

Al Dahra has made considerable investments in the production, packaging and marketing of grains. With a stake in Kohinoor Foods, a leading rice producer in India and a fully owned subsidiary in Pakistan, Al Dahra is a key player in the rice supply and trading business with four rice mills and about a 400,000-ton annual production capacity. In addition, Al Dahra is a shareholder in Loulis Mills, an expert in wheat milling and flour production based in Greece, producing more than 200,000 tons of flour annually. As part of its fruits and vegetables offering, Al Dahra cultivates wheat, potatoes, corn and various citrus fruits in Egypt in addition to olives in Morocco. Al Dahra has also entered into partnership with Rudnap group for apples cultivation in Serbia and with Albert Bartlett group based in the United Kingdom for the cultivation of potatoes.