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Saudi Arabia Begins Inventory of Overseas Agricultural Investments

Saudi Ministry of Environment, Water, and Agriculture (Asharq Al-Awsat)
Saudi Ministry of Environment, Water, and Agriculture (Asharq Al-Awsat)
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Saudi Arabia Begins Inventory of Overseas Agricultural Investments

Saudi Ministry of Environment, Water, and Agriculture (Asharq Al-Awsat)
Saudi Ministry of Environment, Water, and Agriculture (Asharq Al-Awsat)

The Saudi Ministry of Environment, Water, and Agriculture has announced the launch of the overseas agricultural investment inventory program, which targets the segment of Saudi citizens investing outside the Kingdom, as well as producers who supply the Kingdom.

The ministry explained that the program is an extension of the programs of inventorying agricultural holdings and projects in the Kingdom through the agricultural registry development project and its desire to list and register agricultural investment abroad.

Also, it emphasized that the program highlights the development of economic relations with regard to importing and exporting agricultural commodities and agricultural investment abroad, ensuring food security, and promoting sustainable local agricultural production and agricultural investment abroad.

The agricultural investment inventory program will help diversify and stabilize external food supply sources, support the Kingdom's food security initiatives, and enhance opportunities for agricultural and animal investments abroad.

More so, the program allows the issuance of agricultural records for investment projects abroad, a matter which will benefit Saudi investors.

The program is linked to other programs launched by the Kingdom.

It backs the program for purchasing wheat and other products, financing programs provided by the Agricultural Development Fund for agricultural investment abroad, and the facilities provided by the ministry to importers of agricultural and animal products.

More so, it offers coordination through the Ministry of Foreign Affairs with Saudi embassies. This will help serve Saudi agricultural investors abroad and strengthen bilateral relations and framework agreements with target countries.

The ministry confirmed that a Geospatial portal would be launched for the program.

This portal will enable investors in the field of agricultural and animal activities to register and benefit from the program.

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A drone view shows Palestinians walking past the rubble of houses and buildings destroyed in Israeli strikes during the war, following a ceasefire between Israel and Hamas, in Khan Younis in the southern Gaza Strip, January 20, 2025. REUTERS/Mohammed Salem
A drone view shows Palestinians walking past the rubble of houses and buildings destroyed in Israeli strikes during the war, following a ceasefire between Israel and Hamas, in Khan Younis in the southern Gaza Strip, January 20, 2025. REUTERS/Mohammed Salem
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Gaza Faces Multi-billion-dollar Reconstruction Challenge

A drone view shows Palestinians walking past the rubble of houses and buildings destroyed in Israeli strikes during the war, following a ceasefire between Israel and Hamas, in Khan Younis in the southern Gaza Strip, January 20, 2025. REUTERS/Mohammed Salem
A drone view shows Palestinians walking past the rubble of houses and buildings destroyed in Israeli strikes during the war, following a ceasefire between Israel and Hamas, in Khan Younis in the southern Gaza Strip, January 20, 2025. REUTERS/Mohammed Salem

Billions of dollars will be needed to rebuild Gaza after the war between Israel and the Palestinian militant group Hamas, according to assessments from the United Nations, Reuters reported. A ceasefire between Israel and Hamas took effect on Sunday, suspending a 15-month-old war that has devastated the Gaza Strip and inflamed the Middle East.
Here is a breakdown of the destruction in Gaza from the conflict prompted by the Oct. 7, 2023 attack on Israel by militants from Hamas, which at the time ruled the Palestinian enclave.
HOW MANY CASUALTIES ARE THERE? The Hamas attack on Israel killed 1,200 people, according to Israeli tallies. Israel's retaliation has killed more than 46,000 people, according to Gaza's health ministry.
HOW LONG WILL IT TAKE TO CLEAR THE RUBBLE? A UN damage assessment released this month showed that clearing over 50 million tons of rubble left in the aftermath of Israel's bombardment could take 21 years and cost up to $1.2 billion. The debris is believed to be contaminated with asbestos, with some refugee camps struck during the war known to have been built with the material. The rubble also likely holds human remains. The Palestinian Ministry of Health estimates that 10,000 bodies are missing under the debris. A United Nations Development Program official said on Sunday that development in Gaza has been set back by 69 years as a result of the conflict.
HOW MANY BUILDINGS HAVE BEEN DESTROYED?
Rebuilding Gaza's shattered homes will take at least until 2040, but could drag on for many decades, according to a UN report released last year. Two-thirds of Gaza's pre-war structures - over 170,000 buildings - have been damaged or flattened, according to U. satellite data (UNOSAT) in December. That amounts to around 69% of the total structures in the Gaza Strip.
Within the count are a total of 245,123 housing units, according to an estimate from UNOSAT. Currently, over 1.8 million people are in need of emergency shelter in Gaza, the UN humanitarian office said.
WHAT IS THE INFRASTRUCTURE DAMAGE? The estimated damage to infrastructure totaled $18.5 billion as of end-January 2024, affecting residential buildings, commerce, industry, and essential services such as education, health, and energy, a UN-World Bank report said. It has not provided a more recent estimate for that figure.
An update by the UN humanitarian office this month showed that less than a quarter of the pre-war water supplies were available, while at least 68% of the road network has been damaged.
HOW WILL GAZA FEED ITSELF? More than half of Gaza's agricultural land, crucial for feeding the war-ravaged territory's hungry population, has been degraded by conflict, satellite images analyzed by the United Nations show.
The data reveals a rise in the destruction of orchards, field crops and vegetables in the Palestinian enclave, where hunger is widespread after 15 months of Israeli bombardment.
The UN Food and Agriculture Organization said last year that 15,000 cattle, or over 95%, of the total had been slaughtered or died since the conflict began and nearly half the sheep.
WHAT ABOUT SCHOOLS, UNIVERSITIES, RELIGIOUS BUILDINGS?
Palestinian data shows that the conflict has led to the destruction of over 200 government facilities, 136 schools and universities, 823 mosques and three churches. Many hospitals have been damaged during the conflict, with only 17 out of 36 units partially functional as of January, the UN humanitarian office's report showed.
Amnesty International's Crisis Evidence Lab has highlighted the extent of destruction along Gaza's eastern boundary. As of May 2024, over 90% of the buildings in this area, including more than 3,500 structures, were either destroyed or severely damaged.