03/05/2026 | Press release | Distributed by Public on 03/05/2026 02:07
Date: 05 Mar, 2026
The Board of Directors of the Arab Authority for Agricultural Investment and Development (AAAID) convened its first meeting of 2026 at the Authority's Head Office on Friday, 27 February 2026. The meeting was chaired by H.E. Dr. Obaid Saif Hamad Al Zaabi, Chairman of the Board of Directors, and was attended by the Board's esteemed members.
During the meeting, the Board commended the significant improvement in AAAID's performance indicators throughout 2025 and the tangible achievements realized over the course of the year. The Board reviewed the External Auditor's Report on the Authority's financial statements as of 31 December 2025 and approved the financial statements, in preparation for their submission to the Board of Shareholders for ratification.
The Board further discussed the Authority's Annual Report for 2025 - a comprehensive account of the Authority's activities and accomplishments over the year - and approved its draft, incorporating the remarks and observations of the Board members, with the report to be submitted to the Board of Shareholders at its upcoming meeting.
In addition, the Board approved AAAID's participation in several key investment projects aimed at enhancing the productivity of select companies and implementing cooperation programs with strategic partners.
In his closing remarks, H.E. the Chairman affirmed that the achievements of 2025 embody the Authority's steadfast commitment to its developmental mandate, as well as its dedication to ensuring financial sustainability and enhancing the efficiency of its agricultural and financial investments - in a manner that keeps pace with rapidly evolving challenges and contributes to generating a lasting positive impact for the benefit of Arab countries and their peoples.