United Arab Emirates
The joint initiative partners, Al Dahra and Loulis Mills, have recently established “Etihad Mills”, an entity in charge of operating and managing a strategic grains hub for trading Grains such as wheat, corn and rice, including other. Etihad Mills operates 20 silos in Fujairah, United Arab Emirates with a total grains storage capacity of roughly 275,000 tons. This new initiative will build domestic and regional capabilities in grains trading and will ensure a consistent flow of grains into the region. Etihad Mills business model is based on the import of grains from North America, South America, Europe and Australia for storage and distribution across various GCC counties, the Indian Subcontinent, East Asia and Africa.