Riyadh – Mubasher: The environment, water, and agriculture minister of Saudi Arabia, Abdulrahman Al Fadley, who is the chairman of the Saudi Agricultural Development Fund (ADF), presided over the second meeting for the board during the current fiscal year.
The board ratified financing agricultural loans amounting to SAR 1.15 billion, ADF said on its official Twitter account on Wednesday.
The ADF allocated more than SAR 600 million of the loans for various agricultural projects, in addition to financing one of the national firms at a value of SAR 549 million, being the first foreign investment loan in the food security strategy, ADF reported
