Zawya news website with reference to Oman Daily Observer reviewed in the latest article an Oxford Business Group (OBG) report issued in collaboration with Arab Organisation for Agricultural Development (AOAD).
The Report covers the subject of investment opportunities in the agri tech sphere within the GCC region that seeks to maintain common feasible solutions for food security issues. The report also emphasized game changing solutions for food producing and agricultural sphere in an easily navigated user friendly format with major data.
The Report also shed lights on food security challenges the region is currently witnessing, as water shortage, scarcity of arable land that deteriorated by climate change problems, pandemic and recent political crisis caused by Russia-Ukrainian war. These challenges consequently urged demand for increasing investments in domestic production and agri tech innovations.
The article acknowledges that exacerbating impact of pandemic and climate change caused disruption in production and local supply induced willingness to seek innovative food production approaches. Such continued growth would be fraught with significant agri-tech start-up funding in food production sector.
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