Saudi Arabia: Investment financing for Al-Baha olives and coffee at 80 million riyals

Published 2023년 8월 28일

Tridge summary

The Emir of the Al-Baha region, Prince Dr. Hussam bin Saud bin Abdulaziz, met with the Minister of Environment, Water and Agriculture, Eng. Abdul Rahman Al-Fadhli, to discuss the advantages of the region and develop an agricultural strategy that supports rural agriculture. They witnessed the signing of a financing contract from the Agricultural Development Fund for the city of coffee and another contract to finance an olive press. The Ministry of Environment has programs in place to support various agricultural sectors and aims to improve the efficiency and potential of small farmers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Emir of the Al-Baha region, Prince Dr. Hussam bin Saud bin Abdulaziz, meets this morning (Monday) with the Minister of Environment, Water and Agriculture, Eng. Abdul Rahman Al-Fadhli, to discuss the relative advantages of the Al-Baha region, in the light of which it is possible to draw up an agricultural strategy that supports rural agriculture, which enhances the productivity of agricultural commodities and crops, with the same High quality, and raises the efficiency and potential of small farmers. And “Okaz” learned that Prince Hussam and Minister Al-Fadli will witness the signing of a financing contract from the Agricultural Development Fund for the city of coffee with more than 72 million riyals, and another contract from the fund to finance an olive press for an amount of approximately five million riyals. Rural support by virtue of the region’s freeness from pollution, the abundance of seasonal rains, its spatial proximity to the markets of the Makkah Al-Mukarramah ...
Source: Okaz

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