Agthia Group has signed a lease agreement with Abu Dhabi Ports to expand its flour and animal feed business in Zayed Port.
The new 25-year lease will allow Abu Dhabi-listed food and beverage company to increase the production capacity of Grand Mills Flour and Agrivita Animal Feed products by more than 60 per cent to 1.5 million tonnes per year from 930,000 tonnes currently. The expanded facilities will also include bulk grain silos, logistics warehousing and onsite bagging facilities.
“Our current production capacity utilisation rate at Grand Mills is at around 90 per cent levels,” said Iqbal Hamzah, the chief executive of Agthia. “Agthia has already started the construction of an additional 50,000-tonne capacity grain silos on Abu Dhabi Ports’ existing plot.”
He added that to reach the company’s business growth projections, an expansion was necessary in both the milling and storage capacity.
For Abu Dhabi Ports and the emirate, this is an important economic boost, according to Mohamed Juma Al Shamisi, the chief executive of Abu Dhabi Ports. “We are keen to work with various institutions on an ongoing basis to ensure meeting their operational needs by investing in the equipment available at Zayed Port, which will in turn be beneficial to the Abu Dhabi economy,” he said.
In February, the port operator announced that it purchased 16 forklift trucks and terminal trucks each, bringing the total fleet to over 30, as well as 37 roll trailers that have an increased load capacity for both Khalifa and Zayed ports.
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Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
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COMPANY PROFILE
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Total funding: Self funded
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MATCH INFO
Manchester City 2 (Mahrez 04', Ake 84')
Leicester City 5 (Vardy 37' pen, 54', 58' pen, Maddison 77', Tielemans 88' pen)
Man of the match: Jamie Vardy (Leicester City)
COMPANY PROFILE
Name: HyperSpace
Started: 2020
Founders: Alexander Heller, Rama Allen and Desi Gonzalez
Based: Dubai, UAE
Sector: Entertainment
Number of staff: 210
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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The specs
Engine: 1.5-litre turbo
Power: 181hp
Torque: 230Nm
Transmission: 6-speed automatic
Starting price: Dh79,000
On sale: Now
The specs
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
TRAP
Starring: Josh Hartnett, Saleka Shyamalan, Ariel Donaghue
Director: M Night Shyamalan
Rating: 3/5
UAE currency: the story behind the money in your pockets
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Cricket World Cup League Two
Teams
Oman, UAE, Namibia
Al Amerat, Muscat
Results
Oman beat UAE by five wickets
UAE beat Namibia by eight runs
Namibia beat Oman by 52 runs
UAE beat Namibia by eight wickets
Fixtures
Saturday January 11 - UAE v Oman
Sunday January 12 – Oman v Namibia
Bob Honey Who Just Do Stuff
By Sean Penn
Simon & Schuster
Personalities on the Plate: The Lives and Minds of Animals We Eat
Barbara J King, University of Chicago Press
APPLE IPAD MINI (A17 PRO)
Display: 21cm Liquid Retina Display, 2266 x 1488, 326ppi, 500 nits
Chip: Apple A17 Pro, 6-core CPU, 5-core GPU, 16-core Neural Engine
Storage: 128/256/512GB
Main camera: 12MP wide, f/1.8, digital zoom up to 5x, Smart HDR 4
Front camera: 12MP ultra-wide, f/2.4, Smart HDR 4, full-HD @ 25/30/60fps
Biometrics: Touch ID, Face ID
Colours: Blue, purple, space grey, starlight
In the box: iPad mini, USB-C cable, 20W USB-C power adapter
Price: From Dh2,099
Cricket World Cup League 2
UAE squad
Rahul Chopra (captain), Aayan Afzal Khan, Ali Naseer, Aryansh Sharma, Basil Hameed, Dhruv Parashar, Junaid Siddique, Muhammad Farooq, Muhammad Jawadullah, Muhammad Waseem, Omid Rahman, Rahul Bhatia, Tanish Suri, Vishnu Sukumaran, Vriitya Aravind
Fixtures
Friday, November 1 – Oman v UAE
Sunday, November 3 – UAE v Netherlands
Thursday, November 7 – UAE v Oman
Saturday, November 9 – Netherlands v UAE