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.

“Signing these contracts is part of the fund’s efforts to support food security and compensate for any shortage that may happen in the commodities and agricultural supplies,” the statement said.

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AlArabiya
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