Hassad Food to expand its international investment portfolio to SPIEF 2021


Hassad Food, Qatar’s food and agribusiness investment arm, today announced its participation in the upcoming St. Petersburg International Economic Forum (SPIEF), to be held in St. Petersburg, Russia, June 2-5. Now in its 24th edition, SPIEF is the largest investment and economy focused event of its kind in the Eastern Hemisphere and will feature Qatar as a guest country.

Organized annually under the patronage of Russian President Vladimir Putin, this large-scale event is organized by the Roscongress Foundation and brings together personalities from major Russian and international companies, politicians and business leaders from all over the world. The honorary position of the State of Qatar at the Forum as a guest country demonstrates the dedication and commitment of the two countries to further consolidate their existing economic, cultural and tourism relations.

Ing. Mohamed Al-Sadah, CEO of Hassad Food commented, “We are delighted to participate in the St. Petersburg International Economic Forum and look forward to engaging with our Russian counterparts to explore investment opportunities in the areas of production. grain, meat processing and agricultural technology, with the aim of expanding our international investment portfolio ”.

Hassad Food is a wholly owned subsidiary of the Qatar Investment Authority (QIA), considered the country’s investment arm in the food and agribusiness sectors. Hassad has several strategic business investments, international and local, which support Qatar’s food security efforts.

Internationally, Hassad has invested in key strategic establishments in Australia, Canada, Turkey, Oman, Saudi Arabia and Sudan, while in Qatar, Hassad has several subsidiaries that directly manage key investments in the world. ‘company. Hassad also has a major role in crisis management and in research and development.

This year, the forum will feature a high-level dialogue and debate on various trade and economic agendas facing the world.

Source and cover image credit: SPIEF 2021 press release



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