Saudi's ADF finances agricultural projects with SAR 66.5m

Riyadh-Mubasher: The Agricultural Development Fund (ADF) approved financing agricultural projects with SAR 66.46 million, according to Saudi News Agency.

The move is part of the government's plan to support the local agricultural sector.

Mounir Al-Sahli, ADF's vice chairman and general director, said the fund will finance an agricultural tourism project with SAR 1.6 million.

The other projects include dates factory in Al Badaya` governorate (SAR 20 million) and a cow-raising project (SAR 4.11 million).

Mubasher Contribution Time: 18-Mar-2016 09:56 (GMT)