Hello and welcome to our daily digest of business, financial and economic news from around Scotland.
1. Vertical farming technology developed in Scotland will be central to a huge development in the United Arab Emirates.
Intelligent Growth Solutions has been selected as one of the partners involved in the 900,000 square foot project in Dubai’s Food Tech Valley.
Construction is expected to begin in the middle of next year and the site should be operational in 2026.
Two vertical farm towers, built by Intelligent Growth Solutions, were shown off at the Cop28 summit in Dubai
The aim is for the giant vertical farm to be capable of recycling more than 50,000 tonnes of food waste annually and to grow two billion plants.
David Farquhar, chief executive of the Edinburgh-based company, said: “This site takes the concept of vertical farming as just one building