Bahrain-based agribusiness platform Green Corp has acquired a stake in Badia Farms to grow its sustainable food production projects across the GCC (Gulf Cooperation Council).
The boost from Green Corp and its ultimate owner, global alternative investment company Gulf Islamic Investments (GII), will enable Badia Farms to expand its advanced production models and pesticide-free farms into Saudi Arabia and Bahrain, enhancing regional food production opportunities.
Established in 2016, Badia Farms’ sustainable farming techniques produce fruits and vegetables without sunlight or soil. Its energy-efficient methods use up to 90 per cent less water than traditionally grown crops, with higher yields.
Gulf Ventures Capital launched business creation platform Green Corp on 28 March 2023 to initiate and develop sustainable agricultural, aquaculture, food processing and production projects across the GCC. Green Crop is envisioned as an umbrella organization to develop and support companies in the GCC’s primary and secondary food sectors, with its investors coming from a range of sources, including from the GII Group itself.
Learn more about creating a sustainable food supply in arid landscapes at the AgraME event, 9-10 October 2023, Dubai.