Arab co. For Livestocks development
The Arab Company for Livestock Development (ACOLID) was incorporated in accordance with the provisions of its Memorandum of Association. The objectives of ACOLID are to develop and promote livestock resources in the Arab countries and the industries associated with them. The declared capital of ACOLID was fixed at US $ 214,104,000. Since its inception, ACOLID managed to establish 38 projects, affiliated companies and different shareholdings distributed geographically in eleven Arab States
1974 Acolid was established as Pan-Arab Company to excel and play a leading role as specialized Arab co. in livestock fields.
1977 Executed its first productive project- The project for fattening lambs & Calves and breeding of sheep at Al-Kamishly, Syrian Arab Republic with investment cost of KD (4.6) millions. The total Area of the project is (2,800) ht. The project is aimed to sheep breeding with a flock of (15) thousands and fattening of (60) thousands lambs and (4) thousands calves together with the production of different crops. Recently poultry production sector was introduced there.
1979 Acolid participated with Ras-Al Khaimah government in establishing the Arab Company for Animal production which is considered to be a pioneer in the production and processing of milk and dairy products in UAE, with a paid-up capital of Dh. (32.6) million Acolid's share constitutes 60%. The company produces (2,500) tons of pasteurized milk and dairy by-products at DIGDAGA farm. Also, a farm for producing and processing of green fodder is utilized at Al-Hamrania in an area of (250)ht.
1981 Acolid Participated with al Fujairah government to establish the Arab Company for Poultry Production with a paid up capital of Dh. (95.85) millions, of which 76.53 % paid by Acolid. The Company is considered to be the first pillar of modern Poultry industry in UAE. The company produces (3.5) millions broilers and (15) millions table eggs annually.
1983 Acolid established the Arab Saudi Company for Poultry Production with paid-up capital amounted to SR. (140) millions of which 80% is paid by Acolid and 20% by two Saudi government organizations namely, the General organization for Social Insurance and the General Organization for Retirement. The company is considered to be one of the leading and distinguished producers for broilers and hatching eggs, participating with a major portion in the market. It produces (17) millions hatching eggs and (6.5) millions broiler chicks annually.
Acolid commenced operational stage at the feed-mill factory at Republic of Sudan with an investment cost amounted to KD (5.1) millions. It is considered to be the first modern factory in the region as far as capacity and technology is concerned. The factory produces different kind of poultry and ruminant feed with production capacity of (150) thousands tons per year.
1984 Acolid participated with the state of Qatar to establish the Arab Qatari Company for the Poultry Production with a paid-up capital of QR.(161.3) millions of which 60% is paid by Acolid. The company is the country main producer of poultry meats and table eggs. It produces (7) millions broilers and (60) millions table eggs. Due to the increasing demand; a recent extension in broiler and table egg production has taken place to reach the capacity of (11) millions broilers annually and (80) millions table eggs.
1985 Acolid jointly with the Qatari government and Gulf Investment Corporation established the Arab Qatari Company for Dairy production with a paid-up capital of QR.(74.1) millions. The Company produces (6,000) tons of pasteurized milk and dairy by-products and (4,000) tons of green fodders.
1986 Acolid started the operation of the project for parents and Grand parents of broiler chicken, the first of its kind in the region to gab strategic missing link in the region poultry industry as it produces parent chicks, hatching broiler eggs and day old chicks. The project produces (1.5) millions parent chicks and (6) millions broiler chicks annually. A running extension is in process to reach production capacity of (2) millions parent chicks annually.
1987 Acolid commenced the operation of its wholly owned integrated poultry project in Sudan with investment cost of KD (8.26) millions. The annual production capacity of the project is (3) millions broilers and (15) millions table eggs with the intention to double the production capacity in the not too distant future.
1997 Acolid with Al-Sharjah government established the Arab Poultry Breeding and Production Company BREEDERS which is considered to be the first strategic project in the Gulf region for providing the territory with hatching eggs and broiler chicks participating in closing the demand gap for these commodities. The paid-up capital is Dh.(130) millions of which (70%) is paid up by Acolid. The annual production capacity of the business is (20) millions hatching eggs and (4) millions broiler chicks.
1999 Acolid Participated with Arab Saudi Company for Poultry Production ( a subsidiary Company) to establish the Arab Takamul Company for Poultry Production with a paid-up capital amounting to SR. (80) millions of which Acolid holds 50%. The production capacity of the project is (6.2) millions broiler chicks and a hatching facilities of (12) millions hatching eggs annually.
2004 The operational activities of the Arab Company for the manufacturing of cattle & poultry equipments (APCECO) have started with an authorized capital of Dh. (100) millions. Acolid has provided the technical and economic feasibility study of this project which shown the importance of this project to meet the growing demand following the fast development in both Poultry and Dairy sectors.
2005-2007 Various projects are under construction or implementation or consideration at Egypt, Sudan, Kuwait, UAE, Qatar, and Saudi Arabia.