Al Dahra Morocco
Al Dahra has acquired Oliva, a company involved in the super intensive and lucrative olives farming business in Morocco. The strategic entry into this new product line will open the door for Al Dahra in the near future to tap into the olive oil production industry and gain greater knowledge and expertise in the field of olives farming and olive oil production.
Al Dahra Oliva farms about 1,000 acres of land with a plantation comprising 840,000 olive trees, expected to generate about 5,200 tons of olives annually by the year 2016. Likewise, it is expected that the annual olive oil production capacity will reach 1,600 tons per annum. The planned production of extra virgin olive oil will be targeted for bulk trading and retail in various markets like in the GCC, the Middle East, Europe and North Africa.