Saudi Arabia Adopts Measures to Strengthen Food Security

Image used for illustrative purpose. A farmer displays wheat grains at a field in the Beheira Governorate, Egypt May 3, 2018. REUTERS/Mohamed Abd El Ghany
Image used for illustrative purpose. A farmer displays wheat grains at a field in the Beheira Governorate, Egypt May 3, 2018. REUTERS/Mohamed Abd El Ghany
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Saudi Arabia Adopts Measures to Strengthen Food Security

Image used for illustrative purpose. A farmer displays wheat grains at a field in the Beheira Governorate, Egypt May 3, 2018. REUTERS/Mohamed Abd El Ghany
Image used for illustrative purpose. A farmer displays wheat grains at a field in the Beheira Governorate, Egypt May 3, 2018. REUTERS/Mohamed Abd El Ghany

The Saudi Agriculture Development Fund has approved several loans, worth over SR861 million ($229 million), to finance working capital for the import of agricultural products, within endeavors to strengthen food security in the Kingdom.

The Fund’s Vice Chairman and General Manager, Munir bin Fahd Al-Sahli, stated that the approval of the loans came by government directives to keep pace with current international developments, to ensure an abundance of stock and stability of supplies, and to avoid any disruption in supply chains.

The targeted agriculture crops include barley, maize and soybeans, he noted.

Saudi Arabia recently launched the Middle East Poultry Exhibition, under the slogan “Contributing to Strengthening Food Security” at the Riyadh International Convention and Exhibition Center, with the participation of 150 companies from 30 countries in various sectors of the poultry industry.

Saudi Deputy Minister of Environment, Water and Agriculture, Eng. Mansour bin Hilal Al-Mushaiti, said the government was keen on increasing investment in poultry production as part of a strategic plan to enhance food security and raise the proportion of local production of white meat.

Meanwhile, the Saudi Grains Organization announced the activation of the appointment-booking service through Mahsuli (My Crop) platform for the distribution of local wheat for the 2022 agricultural season.

Eng. Ahmed Al-Faris, the governor of the organization, stated that farmers can start the usual regular procedures through the platform to determine the location of the supply, book appointments, and inquire about the details of the received shipments.



Albudaiwi: Advantage Oman Forum Offers Valuable Investment Insights

Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi
Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi
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Albudaiwi: Advantage Oman Forum Offers Valuable Investment Insights

Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi
Gulf Cooperation Council (GCC) Secretary-General Jasem Albudaiwi

Secretary-General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi said that the Advantage Oman Forum is a valuable opportunity offered by Oman to discuss and review investment opportunities and initiatives, as well as future transformations in promising sectors in this field.
This came during Albudaiwi's participation in the first edition of the Advantage Oman Forum, which was held under the patronage and attendance of Omani Deputy Prime Minister for Defense Affairs Sayyid Shihab bin Tarik Al Said, and in the presence of a number of ministers of the GCC countries, Sunday in Muscat. A group of senior officials and decision-makers participated in the forum, SPA reported.
The Secretary-General stated that Oman's Organisation of this forum reflects the insightful vision of the wise Omani leadership to strengthen the national economy and attract global investments, thus contributing to achieving sustainable development goals. He also praised the forum's activities and the workshops as well as the dialogue sessions it included, which provide the elements of success and sustainability for this forum, making it a regional and international platform and a destination for those interested in economic and investment affairs in Oman.
Furthermore, Albudaiwi added that Oman, with its attractive investment environment, advanced infrastructure, well-thought-out economic policies and significant economic, in addition to investment growth indicators, has become a destination for investors from around the world, stressing that this strengthens its position as a key pillar in the economies of the GCC countries and supports the council's aspirations for regional economic integration.
The Secretary-General concluded his statement by expressing his confidence that the forum will achieve positive results that will contribute to expanding the horizons of economic and investment cooperation between the GCC countries and the world, and support the comprehensive development process in the region.