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IOFS Visits Baladna to Explore Food Security for Member States

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IOFS Visits Baladna to Explore Food Security for Member States Business 11 MONDAY 19 JULY 2021 Ivory Coast to become regional medicine hub with $300m IFC loan If we do not solve the problem of equipping our private clinics and hospitals, this goal of seeing the private (health) sector grow and create jobs will be a failure Patrick Achi Prime Minister of Ivory Coast Business | 13 QSE 10,696.30 -79.67 (0.74%) FTSE 100 7,008.09 −3.93 (0.056%) DOW 34,719.68 −267.34 (0.76%) BRENT $73.28 (-0.20) IOFS visits Baladna to explore SC highlights tender opportunities for firms food security for member states DEEPAK JOHN footprint and understanding the THE PENINSULA communication protocol, the procurement processes and pre- Tenders open doors to new and senting the communications long-term partnerships which channels with in the SC”. leads to business growth and He highlighted three delivery sustainability, said an official partners and relationship during a webinar held to high- between the entities which light tender opportunities includes FIFA, the owner of the available at Supreme Committee event which ensures FIFA World for Delivery & Legacy (SC). They Cup obligations are met including also promote equal opportu- stadium operational readiness; nities, sustainable economic Qatar 2022 which is the local development, and foreign direct organisation committee and SC investment which the Qatar representing the host country Financial Centre (QFC) and SC projects. He said, “We are here endeavor to sustain, he added. to make sure consistency and the The event entitled ‘Exploring alignment are there at all times Tender Opportunities at and this cannot be done without Supreme Committee for Delivery the support of external stake- & Legacy’ organised by QFC dis- holders and as well as our close cussed the tender opportunities partners.” He noted, “SC has currently available at SC with an been working collaboratively aim to highlight these opportu- with its partners and stake- nities to QFC firms and wider holders to deliver more than 54 The officials and members of the Islamic Organization for Food Security during their visit to Baladna facility. business communities. The host country projects in relation virtual briefing also included a to Qatar 2022 over the past few THE PENINSULA — DOHA farming technology which could Malaysia achieve self-sufficiency was able not only to ensure its presentation highlighting the years,” he added. help member states ensure food in fresh milk. food security but also to reach a array of tenders available Speaking on the infra- The Islamic Organization for Food security. Commenting after the visit, level where the company is ready through SC, and ways to learn structure progress in terms of Security (IOFS) recently visited They considered the chal- Managing Director Ramez Al- to become a transnational enter- about these opportunities in a stadiums, he said, in general we Baladna, Qatar’s largest dairy and lenges of ensuring efficient milk Khayyat said, “Baladna played a prise, exporting high-quality and timely manner. have eight stadiums that will host beverage producer, to explore production and climate chal- pivotal role in Qatar’s journey to in-demand products to foreign Ahmad Al Hitmi, an SC the FIFA World Cup 2022, for how to ensure food security for lenges. Baladna installed milking safeguard food security. I feel markets.” official presented the FIFA World example Al Janoub Stadium, its member states. machines that worked 24 hours confident that our collective expe- “Separately, I would like to Cup Qatar 2022 tournament Ahmad Bin Ali Stadium, Lusail Director-General of IOFS, a day, an automated system for rience in achieving dairy self-suf- note that most of the processes of overview as well as areas of Stadium in Al Daayen area which Yerlan Baidaulet, and Ambassador collecting manure, and advanced ficiency in a difficult environment Baladna are fully automated and opportunities, the host country is still in progress and is of Kazakhstan to Qatar H E Askar ventilation systems to keep cows will be valuable to the member thought-out to the smallest detail. infrastructure projects as well as scheduled for completion at the Shokybayev toured Baladna’s 2.4 cool. This year, Baladna is countries of the Islamic Organi- At the same time, the most com- the non-official sites. He said, end of this year, Ras Abu Aboud million sqm farm. The Baladna investing in crop farming as part zation of Food Security.” fortable conditions for animals “The purpose of the meeting is Stadium, scheduled to be com- team showed the group around of the group’s backward inte- Ambassador of Kazakhstan are created. The main priority for to establish a positive and pleted this year, Al Thumama the milking parlour, restaurant, gration strategy to become the to Qatar H E Askar Shokybayev Kazakhstan is also ensuring food effective relationship to suc- Stadium, scheduled to be com- and three separate processing producer of many raw materials said, “I can say with all confidence security and the development of cessful delivery of the FIFA pleted in this year as well, Edu- facilities. The group discussed the used for Baladna’s goods. Baladna that Baladna is one of the unique high-quality, competitive, export- World Cup and to provide the cation City Stadium, Khalifa expertise and technical know- is working with the Federal Land projects implemented in Qatar. oriented products, and therefore tournament overview and high- International Stadium and Al how related to sustainable agri- Consolidation and Rehabilitation The most important thing is that we are very interested in cooper- light the external stakeholder’s Bayt Stadium which are com- culture, rural development, and Authority (FELCRA) to help thanks to this project, the State ating with Baladna,” he added. role within the Qatar 2022 pleted already. `P12 McLaren gets Gold trims fourth Global natural gas prices continue to soar $760m from THE PENINSULA — DOHA weekly gain as Powell As summer 2021 progresses, global LNG demand is investors Liquefied natural gas (LNG) looking robust. prices are up around the world, BLOOMBERG defends Fed stimulus driven by demand in China and across Asia, which is helping Shell recently estimated that global LNG demand would McLaren Group Ltd. BLOOMBERG push benchmark prices in increase by at least 10 million tonnes to 370 million obtained $760m in funding Europe to decade-plus highs from investors including Gold headed for a fourth as well, noted a report by Al tonnes this year, a 2.8 percent rise on its 2020 figure, Saudi Arabia’s sovereign straight weekly gain after Attiyah Foundation. with most of that coming from the Asia. wealth fund as the supercar Federal Reserve Chair Jerome US prices have also risen, maker and racing team Powell (pictured) told Congress partly due to hot weather and owner tries to recover from the central bank is committed an LNG export boom – sug- The biggest contributor to this demand is China, which the impact of the corona- to its ultra-easy stance despite gesting a fully integrated inter- saw LNG imports jump 29 percent from a year ago to virus pandemic. rising inflation. national market is finally Funds managed by Ares Speaking to the Senate developing, with all prices 39.8 million tonnes in the first six months of 2021, Management Corp. and Banking Committee Thursday, moving in line, although the US according to Refinitiv data Saudi Arabia’s Public Powell defended the central remains far cheaper (excluding Investment Fund have com- bank’s stance to keep providing delivery costs). Longer term, mitted to invest £400m support to the US economy fundamentals are increasingly significant factor in future ($550m) in the form of pref- even as inflation runs at one-month high as investors pointing to a sustained period European gas demand fluctu- erence shares and equity uncomfortable levels. He called weigh the outlook for monetary of higher prices, although long ations, alongside temperature warrantsExisting share- the price developments policy, economic growth and term deals are still struggling (April was cold and June was holders, including sovereign “unique” in history and said the price pressures. Treasury Sec- to follow the upward trend in the second hottest on record, wealth fund Mumtalakat Fed is closely watching to see retary Janet Yellen said spot prices. both scenarios raised power/ and a limited number of whether its forecast that the Thursday she sees “several As summer 2021 gas demands). The demand new private investors, to high inflation will prove tem- more months of rapid inflation” progresses, global LNG demand strength has been accompanied invest £150m in the form of porary is correct, or whether it while adding expectations for is looking robust, buoyed by the by several upstream outages convertible preference threatens to be longer lasting. price gains still look well global relaxation of COVID-19 and delays, along with shares. McLaren, controlled It was Powell’s second contained. restrictions and warm summer extensive summer mainte- by Bahrain’s Mumtalakat, round of testimony this week Gold “investors seemed to temperatures - as well as nance (including pandemic has been hit by the pan- on Capitol Hill following be buying the dips lately,” said higher coal and oil prices, and deferred maintenance from when they hit 67.4 million demic that has delayed the Wednesday’s appearance Margaret Yang, a strategist at strong economic growth. 2020) and falls in domestic tonnes in the complete year - Formula 1 racing series and before the House Financial DailyFX. “Powell’s reiteration European buyers are also production. up about 11 percent compared forced it to halt automotive Services Committee, where he of his dovish stance soothed attempting to replenish stocks Shell recently estimated with 2019, despite the pan- production. said it was still too soon to scale tapering fears and bolstered the that are well below normal that global LNG demand would demic.
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