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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Market

Gulf Arab governments tackle higher food prices

Posted on 03 February 2011

From Moneycontrol.com: Countries in north Africa and the Middle East are urgently seeking ways to soften the blow of surging food prices for their citizens, alarmed by protests against authoritarian rulers from Algeria to Yemen. Hassad Food, owned by Qatar’s sovereign wealth fund — a top global investor — has been in talks with governments in Argentina and Ukraine to buy farmland for cereals production.
But investing in farmland abroad is not without its critics who accuse buyers of perpetrating a “land grab” that could raise reduce access to food for some of the world’s poorest people……………………………………….Full Article: Source


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