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Saudis stepping up to help Americans suffering from food prices

“Tanmiah Food Company, one of the Kingdom’s leading vertically integrated poultry and food producers, has announced a new collaboration with Big Idea Ventures, a global venture capital firm specializing in food, agriculture, and alternative protein technologies. The MoU was signed at the recent US–Saudi Investment Forum in Washington, DC, underscoring the depth of economic partnership between the Kingdom of Saudi Arabia and the United States,” says a Tanmiah press release that sounds like it came from a fever dream of some QAnon fan who’s turned on Trump.

Nevertheless it’s real.”The partnership lays the foundation for joint initiatives that support Saudi Arabia’s Vision 2030 food-security goals, particularly in strengthening the red-meat supply chain and building sustainable alternatives to imported feed ingredients. Tanmiah and BIV will work together to identify opportunities to acquire equity interests in established US red-meat producers subject to satisfactory financial, legal, and operational due diligence. Under a phased transaction approach, the two companies will also assess upstream opportunities including feedlots, breeding herds, and supporting infrastructure in line with the Kingdom’s growing demand for secure, resilient and sustainable red-meat supply chains. The collaboration will also focus on developing an agricultural ecosystem dedicated to cultivating alternative sustainable, locally grown feed ingredients. This initiative aims to reduce reliance on imported feedstocks while enabling more resilient and cost-efficient poultry and dairy production systems,” the press release continued.

Holy fuck this really is like leftist fanfic satirizing QAnon shit about Bill Gates.

Created by potrace 1.16, written by Peter Selinger 2001-2019

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