Middle East countries News
DMCC launches block chain based e-marketplace
Dubai Multi Commodities Centre (DMCC), a global free zone and Government of Dubai Authority on commodities trade and enterprise has launched Agriota e-marketplace, a technology-driven agri-commodity trading and sourcing platform in partnership with India's CropData Technology. The e-marketplace uses block...Read more
Iranian Agri product exports up by 30%
Export of agricultural products increased by 30 percent in the first 4 months of the current Iranian year (March 20, 2020-July 20, 2020) compared to last year’s corresponding period, according to Mehrdad Jamal Arvanghi, deputy head of Iran’s customs office. He said 2.706 million tons of goods wo...Read more
BASF collaborates with Cargill to bring enzyme solutions in Middle East
BASF and Cargill, two leading companies in the field of the global agriculture industry, recently announced that they have entered into a distribution collaboration in the Middle East and Africa region, also known as the MEA region. Coen Van Der Laan has been managing the Cargill as a Strategic Market...Read more
ADAMA wins prestigious Green Chemical Industry award
ADAMA Ltd. (the “Company”) (SZSE 000553), was recognized recently for its outstanding environmental performance, winning the prestigious 2019 Israel Chemical Society award for the Green Chemical Industry. The Israel Chemical Society awarded ADAMA, a world leader in crop protection solutions, for...Read more
Israel based startup Equinom raises US$10 Million to accelerate growth
Kibbutz Givat Brenner, Israel – Equinom, Ltd., the leading seed breeding startup, announces it has closed its Series B round of funding of $10 million, led by BASF Venture Capital, Germany followed by Roquette, France; and Trendlines Group, Israel. Equinom’s current investor, Tel Aviv-based Forti...Read more
Iran emerges as the top buyer of Indian tea in 2019
According to the reports of Bloomberg, Iran overtook Russia to emerge as the top buyer of Indian tea last year, after sanctions against the Islamic Republic halted imports other than specially negotiated deals. India and Iran have been trading through a rupee-based bank account to bypass restrictions impose...Read more