Saudi Arabia

Almarai acquires huge farmland in Arizona

Saudi dairy company Almarai completed the purchase of 9,834 acres of farmland in Arizona, US, as part of its efforts to secure a supply of alfalfa hay from outside the Kingdom to support its dairy business.

Overseas farm projects to be insured

The Agricultural Development Fund, the Islamic Development Bank and the Arab Authority for Agricultural Investment & Development are holding talks to provide insurance on the agricultural projects being funded by King Abdullah's Initiative for Saudi Agricultural Investment Abroad