Latest news with #AlHashemeyaFarms
Zawya
6 days ago
- Business
- Zawya
GCC distributor NRTC acquires Al Hashemeya Farms in Egypt to boost regional food security
UAE – NRTC Food Holding, a fruits and vegetables distribution company in the GCC, has acquired Al Hashemeya Farms, located in Egypt's Wadi El Natrun. The takeover of one of the region's largest privately managed farming estates marks a decisive step forward in the UAE-based NRTC's strategic journey to secure sustainable fresh produce supply and advance regional food security through upstream agricultural integration, according to a press release. The CEO of NRTC, Mohammed Al Refaee, said: 'This acquisition is a pivotal milestone in our journey to control quality at the source, invest in food system resilience, and deliver fresher, better produce to our customers.' Al Hashemeya Farms spans approximately 10,000 acres and currently cultivates 70% of its land, with a diverse portfolio of crops like citrus, olives, mango, grapes, dates, wheat and sugar beet. Moreover, the estate is home to over 2 million fruit trees, supported by modern center-pivot irrigation systems and solar-powered water infrastructure and has a capacity to yield up to 70,000 tons annually. The acquisition, meanwhile, marks NRTC's direct entry into upstream agriculture, significantly enhancing its ability to control quality at the source, reduce reliance on third-party suppliers, and secure consistent, high-volume access to fresh produce. NRTC stated it strengthens its position as a reliable partner in regional food security while building greater resilience across its distribution network through the integration of farming operations into its supply chain. Looking ahead, the UAE distributor is exploring additional agri-investment opportunities across Africa, with focus on scalable, climate-resilient models that balance commercial impact with food security and social development. It is worth mentioning that NRTC was founded in 1973 and is currently serving major retailers, hospitality brands, healthcare institutions, airlines, and households in the Middle East through both wholesale channels and its consumer-facing e-commerce platform NRTC Fresh. All Rights Reserved - Mubasher Info © 2005 - 2025 Provided by SyndiGate Media Inc. (
CairoScene
04-08-2025
- Business
- CairoScene
UAE-Based Food Distributor NTRC Acquires One of Egypt's Largest Farms
Approximately 70% of Al Hashemeya's land is currently cultivated with citrus, mangoes, grapes, dates, olives, wheat, and sugar beet. Aug 04, 2025 UAE-based food distributor NRTC has acquired Al Hashemeya Farms, one of Egypt's largest private agricultural estates, in a strategic move to enhance food security and control over its supply chain across the Gulf. The farm spans 10,000 acres in Wadi El Natrun and produces up to 70,000 tonnes of fresh fruit and vegetables annually. The acquisition marks NRTC's first direct venture into upstream agriculture. Previously focused on sourcing and distributing produce, the company now gains control over primary production, allowing for improved quality assurance, crop planning, and operational efficiency. Approximately 70% of Al Hashemeya's land is currently cultivated with citrus, mangoes, grapes, dates, olives, wheat, and sugar beet. The estate is equipped with centre-pivot irrigation systems and solar-powered infrastructure, and is home to over two million fruit trees. NRTC stated that the purchase aligns with its long-term strategy to expand operations into climate-resilient farming, particularly in Egypt and other parts of Africa. The company plans to scale this model further to support growing regional demand and reduce reliance on external suppliers. The move comes amid broader Gulf efforts to reinforce food security through agricultural investment and vertical integration across supply chains.
Zawya
04-08-2025
- Business
- Zawya
NRTC acquires one of Egypt's largest farms to boost regional food security
Abu Dhabi, UAE: NRTC Food Holding LLC ('NRTC'), the leading fruits and vegetables distribution company in the GCC, has acquired Al Hashemeya Farms, one of the region's largest privately managed farming estates, located in Egypt's Wadi El Natrun region. This landmark acquisition marks a decisive step forward in NRTC's strategic journey to secure sustainable fresh produce supply and advance regional food security through upstream agricultural integration. Mohammed Al Refaee, CEO of NRTC, said: 'This acquisition is a pivotal milestone in our journey to control quality at the source, invest in food system resilience, and deliver fresher, better produce to our customers.' Spanning approximately 10,000 acres, Al Hashemeya Farms currently cultivates 70% of its land, with a diverse portfolio of crops including citrus, olives, mango, grapes, dates, wheat and sugar beet. The estate is home to over 2 million fruit trees, supported by modern center-pivot irrigation systems and solar-powered water infrastructure and has a capacity to yield up to 70,000 tonnes annnually. This acquisition marks NRTC's direct entry into upstream agriculture, significantly enhancing its ability to control quality at the source, reduce reliance on third-party suppliers, and secure consistent, high-volume access to fresh produce. By integrating farming operations into its supply chain, NRTC strengthens its position as a reliable partner in regional food security and builds greater resilience across its distribution network. Looking ahead, NRTC is exploring additional agri-investment opportunities across Africa, with a focus on scalable, climate-resilient models that balance commercial impact with food security and social development. About NRTC Founded in 1973, NRTC is one of the GCC's leading distributors of fresh fruits and vegetables. The company serves major retailers, hospitality brands, healthcare institutions, airlines, and households across the region through both wholesale channels and its consumer-facing e-commerce platform, NRTC Fresh.
