Agriculture show opens platform for investment opportunities

Updated 02 October 2013
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Agriculture show opens platform for investment opportunities

More than 20,000 people visited the four-day Saudi Agriculture 2013, which ended in Riyadh on Wednesday.
The event, the 32nd international agriculture, water and agro-industry show, was opened by Agriculture Minister Fahd Balghonaim.
It served as a platform to highlight investment opportunities in the Kingdom’s agricultural sector, besides focusing on the strong support extended by the government to the agricultural sector, which is a key factor in attracting regional and international investment.
More than 300 exhibitors from Saudi Arabia and countries, including Morocco, China, Egypt, Germany, Hungary, India, Italy, Malaysia, Pakistan, Taiwan, Turkey, the UAE and the United States, displayed their products and services on an area spanning 15,000 sqm. This edition of Saudi Agriculture generated overwhelming feedback from exhibitors.
S.S. Nayyar, a representative of the Indian contingent, said: “This is the fourth consecutive year that India is participating in the event. During the first year, there were only 22 Indian companies and we now have 42 companies participating in the event and looking to capitalize on the vast trade opportunities available between the two countries. India is the fourth largest trade partner within the Kingdom.”
Bilateral trade between the two countries was valued at $43 billion in 2012-2013 and Indian exports of food and agro products to the Kingdom reached $1.2 billion during the same period.
Saudi Agriculture 2013 has provided the ideal business-to-business platform for exhibitors and trade visitors to capitalize on the growth of the Saudi agriculture and food market that has been achieving the largest growth levels in the region and holds major potential for new businesses.
The exhibition showcased the latest in animal health and production, agricultural finance and banking, agricultural products and services, chemicals and fertilizers, cold storage and crop production, dairy farming products and equipment, fisheries and fish farming, greenhouses, handling and transport systems, irrigation and landscaping equipment, machinery and spare parts, organic farming, packaging systems and products, pesticides, pumps and pipe systems, seeds and soil nutrition products, spraying machinery, water treatment, water management systems and warehousing.
Saudi Agriculture 2013 was held concurrently with Saudi Agro-Food 2013 and Saudi Food-Pack 2013, featuring the latest products, technologies and services in areas ranging from frozen and chilled foods, confectionery, chocolates, health and natural foods, presentation, processing and packaging equipment.


Air France says new strikes put airline’s situation ‘even more at risk’

Updated 26 April 2018
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Air France says new strikes put airline’s situation ‘even more at risk’

PARIS: The French prime minister and Air France both issued warnings on Thursday over the damage caused to the airline by workers striking over pay, in a dispute that has so far cost Air France some €300 million.
Air France is balloting staff over its offer of a 7 percent pay rise over four years, after unions rejected the proposal as too modest.
Three pilot unions on Thursday called for more strikes over the May 3-8 period — a move condemned by the airline as putting its economic situation “even more at risk.”
Prime Minister Edouard Philippe said Air France faced significant “turbulence” if it lost its battle with unions. The French state holds 17.6 percent of the Air France KLM group.
Air France KLM Chairman and Chief Executive Jean-Marc Janaillac has said it would be hard for him to stay if staff voted against the offer, and he issued an apology to the airline’s customers in a statement on Thursday.
“I have complete faith in the desire of Air France staff to put an end to this destructive situation for our airline,” added Janaillac in his statement.
Philippe said Janaillac had shown “courage” by putting his job on the line but warned that a negative vote could further harm the company.
“If the consultation did not produce the results he hoped for and he took the consequences, everyone should fasten their seat belts because the turbulence will not be minor,” he told Europe 1 radio. “A company that loses its boss in these conditions is not well placed to face the future.”
The industrial action, affecting about 30 percent of Air France flights, has coincided with French railway strikes over the last month, resulting in widespread travel disruption.
SNCF workers have launched a series of protests against reform plans by President Emmanuel Macron’s government, designed to stem the state-owned railway’s losses and cut debt.