- Silal to support Abu Dhabi government's efforts to secure supply chains, production and distribution of essential foods
- H.E. Jamal Salem Al Dhaheri appointed as Silal's Chief Executive Officer
ADQ, one of the region's largest holding companies with a broad portfolio of major enterprises spanning key sectors of Abu Dhabi's diversified economy, today announced the establishment of Silal, a new company in Abu Dhabi developed to diversify food sources and increase locally grown, raised and manufactured food. This entity complements the Abu Dhabi government's efforts to secure food supply chains as well as to boost the supply and distribution of food in the Emirate.
Designed to protect the overall food and agriculture sector and local farmers, Silal's efforts include the management of offtake programmes and strategic food reserves. Silal will also implement knowledge-transfer programmes related to desert farming technology and other R&D projects to support an increase in local production of fruits and vegetables from small farmers in the UAE.
Silal will be led by H.E. Jamal Salem Al Dhaheri who has been appointed as its Chief Executive Officer. An industry veteran, Al Dhaheri has more than 25 years of experience and he has served in several leadership positions.
Earlier this year, ADQ announced its acquisition of a 50 percent stake in Al Dahra Holding Company, a multinational agribusiness specialising in animal feed and essential food commodities. Agthia and Al Foah, which produce a range of food and beverages, are also part of ADQ’s food and agriculture portfolio through Senaat.
The UAE has long recognised the importance of securing food supplies as a national priority. It produces nearly six million tonnes of food locally per year, reflecting its growing self-sufficiency in food production. The UAE has also championed the enhancement of local food production through 'ag-tech', and has taken strides to increase domestic food yield through bioscience, research and development (R&D), and technology-enabled food production.
Established in 2018, ADQ is an Abu Dhabi-based investment and holding company with a broad portfolio of major enterprises. Its investments span key sectors of the UAE’s diversified economy including energy and utilities, food and agriculture, healthcare and life sciences, and mobility and logistics, amongst others. As a strategic partner of Abu Dhabi’s government, ADQ is committed to accelerating the transformation of the Emirate into a globally competitive and knowledge-based economy.
For more information, visit adq.ae or write to firstname.lastname@example.org. You can also follow ADQ on Twitter, Instagram and LinkedIn.
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