Saudis Invest $11 Billion in Agriculture Abroad, Al-Watan Says
Saudi Arabia has invested more than 40 billion riyals ($11 billion) to expand agricultural and livestock production outside the kingdom, al-Watan reported, citing Eid al-Ma’arik, chairman of the agricultural investment committee at the Saudi Council of Chambers.
Most of the investments were made in the Ukraine, Brazil, Argentina and Canada, the newspaper said.
To contact the reporter on this story: Deema Almashabi in Riyadh at firstname.lastname@example.org
To contact the editor responsible for this story: Shaji Mathew at email@example.com
Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.