Emirates Food Industries Company, owned by National Holding Company, intends to partially offer its shares on the Abu Dhabi Stock Exchange. It is one of the food, agricultural and dairy industries companies in the United Arab Emirates. p>
According to Arab Net, CEO of Emirates Food Industries, Wasfi Kasu, said in a statement: We have set an ambitious five-year plan to achieve accelerated growth rates by expanding the production range in the group. and investment in the development of this industry. It is natural in this case to resort to the UAE financial markets to support our development plan and consolidate our position as a key partner in implementing the food security plan in the Emirates.
Emirates Food Industries, headquartered in Abu Dhabi, manufactures and supplies animal feed and produces and supplies fresh milk through its cow farms.
The company is committed to developing food sustainability initiatives by encouraging food diversification and enhancing production using the latest technical standards, in addition to its pioneering activity in the sector of enhancing the country's livestock through owning For two of the largest cattle farms.
It is currently constructing a huge factory for the production and processing of dairy products in Al Ain, which will be operated by its subsidiary Al-Watania Dairy Factory in the first quarter of 2022.
The Emirates Food Industries Company includes: Al-Watania factories for the production and marketing of feed and flour in the Musaffah area in the Emirate of Abu Dhabi, and factories and coastal flour mills in the Jebel Ali Free Zone in Dubai, as well as Al Watania Dairy Factories in Al Ain, Al Watania Cow Farm in Al Ain, Masaken Cow Farm in Al Ain, and Al Watania Bags Factories in Musaffah in the Emirate of Abu Dhabi
Emirates Food Industries owns the rights to develop a huge vital project with an area of 100,000 square meters in Khalifa Port to establish various factories in the food sector.
