UAE firm launches $54.5m Caviar project

The Fish Site
by The Fish Site
5 June 2006, at 1:00am

UAE - Bin Salem GTE, a prominent group of trading companies in Abu Dhabi, has announced the launch of a Dh200 million ($54.45 million) project to produce Caviar in the Abu Dhabi Industrial city. According to the Khaleej Times, the Caviar will be produced as per the international standards, rules and treaties on such products in coordination with United Food Technologies, AG Germany, one of the world leader for the engineering, designing, construction and operation of life fish aquaculture plants. Al Dhaheri said that this project is considered the first of its kind and unique in the Middle East and Northern African Markets and shall contribute to reduction of the ever increasing supply Gap, which accounts to about 400 tonnes per annum. Source: Trade Arabia