Saudi Arabia

Saudi Fund Signs Contracts Worth $246 Million for Agricultural Imports

The Saudi agricultural development fund has signed a number of contracts worth $246.69 million (926 million Saudi riyals) with a number of companies to finance imports of soybeans, barley, and corn, the fund said in a statement on Sunday.

ā€œSigning these contracts is part of the fundā€™s efforts to support food security and compensate for any shortage that may happen in the commodities and agricultural supplies,ā€ the statement said.

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AlArabiya
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