Stephenson Harwood with Badia Farms on expansion investment
International law firm Stephenson Harwood has acted as legal counsel advising UAE-based agricultural company Badia Farms on its recent investment from Green Corp. This strategic investment is set to empower Badia Farms in expanding its advanced production models and pesticide-free farms into Saudi Arabia and Bahrain, creating significant opportunities for regional food production.
Established in 2016, Badia Farms was the first commercial indoor vertical farming company in the Gulf Co-operation Council (GCC). With its sustainable farming techniques, Badia Farms is able to grow a wide range of fruits and vegetables without reliance on sunlight or soil.
The investment from Green Corp, launched in Bahrain this year by Gulf Islamic Investments (GII), a Shari’ah-compliant global alternative investment company, will provide Badia Farms with the necessary resources to expand its operations and make a lasting impact on the regional agricultural sector.
Green Corp serves as an agribusiness platform aimed at initiating and developing sustainable agricultural, aquaculture, food processing, and production projects across the GCC states.
The Stephenson Harwood team was led by partner Diwakar Agarwal (pictured), who was supported by associate Phathu Rambau.