Saudi Arabia Achieves Self-Sufficiency in Figs

Saudi Arabia Achieves Self-Sufficiency in Figs
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Saudi Arabia Achieves Self-Sufficiency in Figs

Saudi Arabia Achieves Self-Sufficiency in Figs

The Ministry of Environment, Water and Agriculture (MEWA) declared on Sunday that the Kingdom has achieved total self-sufficiency in fig production, with annual output exceeding 28,000 tons on 1,421 hectares of cultivated land.

According to the ministry, the Jazan region leads fig production with 9,906 tons per year, followed by Riyadh with 8,010 tons, Aseer with 3,970 tons, Makkah with 1,635 tons, and several other regions that contribute smaller yet significant amounts.

The fig production season is from February to November. MEWA is working to increase the production, processing, and marketing of figs through the sustainable agricultural rural development program, by exploiting and investing in the available opportunities and resources and taking advantage of the natural resources and agricultural potential of different regions.

Figs are considered healthy, versatile fruits rich in nutrients. They are said to have benefits, like helping prevent Alzheimer's disease, regulate blood pressure, and strengthen bones.

The ministry advises consuming locally grown seasonal produce to maximize nutritional value.

The fig harvest season campaign aims to raise awareness about the Kingdom's diverse fruit options and to support farmers by improving marketing and distribution.



Abu Dhabi's XRG Targets Gas, LNG Capacity of 20-25 Million Tons a Year by 2035

Sultan Al Jaber, COP28 President, speaks at the United Nations climate change conference COP29 opening in Baku, Azerbaijan November 11, 2024. REUTERS/Maxim Shemetov/File Photo
Sultan Al Jaber, COP28 President, speaks at the United Nations climate change conference COP29 opening in Baku, Azerbaijan November 11, 2024. REUTERS/Maxim Shemetov/File Photo
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Abu Dhabi's XRG Targets Gas, LNG Capacity of 20-25 Million Tons a Year by 2035

Sultan Al Jaber, COP28 President, speaks at the United Nations climate change conference COP29 opening in Baku, Azerbaijan November 11, 2024. REUTERS/Maxim Shemetov/File Photo
Sultan Al Jaber, COP28 President, speaks at the United Nations climate change conference COP29 opening in Baku, Azerbaijan November 11, 2024. REUTERS/Maxim Shemetov/File Photo

XRG, the international investment arm of Abu Dhabi National Oil Company (ADNOC), is aiming to have a gas and LNG business with a capacity of between 20 million and 25 million metric tons a year by 2035, the company said in a statement on Tuesday.

XRG was set up last year as an investment company focused on lower-carbon energy, gas and chemicals, with assets of more than $80 billion.

On Tuesday, its board, whose members include former BP CEO Bernard Looney and Blackstone's Jon Gray, approved the capacity target and a new five-year business plan.

Board members also supported the assessment of potential gas acquisitions and LNG opportunities in North America, Reuters reported.

ADNOC's current US investments already sit under XRG, and the oil giant's Chief Executive Sultan Al Jaber said in March that XRG would make a significant investment in US natural gas in coming months.

XRG has also changed the name of its low carbon energies platform to Energy Solutions to reflect the full scope of the company's strategy, including energy demand linked to artificial intelligence and the digital economy, a company spokesperson said on Tuesday.

The board "endorsed the company's ambition to create a top three global chemicals platform," XRG said.

ADNOC had agreed in October to buy German chemicals maker Covestro for 14.7 billion euros ($16.73 billion) including debt. Jaber later said it would sit under XRG.