Minister of finance leads Saudi delegation at Arab summit preparatory meeting    MWL secretary-general awarded honorary doctorate in political science by University of Malaya    Foreign minister meets with Permanent Committee on International Humanitarian Law delegation MoU signed to support joint efforts    Emir of Madinah inspects pilgrim services at Al-Hijra Road visitor center    Saudi Minister of transport and logistics begins official visit to Finland    Saudi dates exports jump by 13.7% in Q1 of 2024    Putin removes Sergei Shoigu from Russian defense ministry    Australian teen jailed for 14 years over UK woman's murder    UK charges three for aiding Hong Kong intelligence service    Biden faces bipartisan backlash on Capitol Hill over Israel ultimatum    Introducing Zilos: A luxury Culinary Oasis of Mediterranean and Asian Fusion in Jeddah    Neymar celebrates Al Hilal's title win, eager for comeback next season    Al Hilal wraps up Saudi League title; Jesus touts season as model of excellence    SDAIA chief: Summit set to make Riyadh a global compass for AI advancements Crown Prince to patronize 3rd Global AI Summit in September    Al Hilal clinches Saudi Professional League title in a star-studded season    AlUla partners with Riyadh Air to enhance Saudi Arabia's travel offerings    Saudi authorities recall contaminated mayonnaise after food poisoning incident at Riyadh restaurant    Al Ettifaq inflicts historic 5-0 defeat on Al Ittihad in Saudi Professional League    Israel heads to Eurovision final, despite protests    Rat remains found in bread sparks Japan recall and refunds    JK Rowling in 'arrest me' challenge over hate crime law    Trump's Bible endorsement raises concern in Christian religious circles    Hollywood icon Will Smith shares his profound admiration for Holy Qur'an    We have celebrated Founding Day for three years - but it has been with us for 300    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Saudi company to invest in Sudan agri, animal projects
Published in The Saudi Gazette on 05 - 01 - 2014

KHARTOUM – The executive director of the Saudi agricultural company, Iktifaa, Mohamed Bin Saeed Al-Atiya, has announced that his company will establish agricultural and animal projects in Sudan's state of Sennar and the Northern state to produce grain and cattle feed.
Al-Atiya stressed in statements on Thursday following meetings with officials in Khartoum, Sennar, and Northern states that his company would grow wheat, corn, and oilseeds such as sunflower and peanuts as well as investing in cattle fattening projects.
He said that the chairman of Iktifaa's board of directors, Prince Abdulaziz Bin Mashaal Bin Abdul Aziz directly instructed the company to invest in Sudan within the framework of the initiative of the Custodian of the Two Holy Mosques King Abdullah for achieving Arab food security.
Al-Atiya, who met with the agricultural minister Ibrahim Mahmoud Hamid, said that he visited the two states and saw their plans to attract Arab investments in agriculture particularly investments from Gulf states, adding that he was briefed on the investment opportunities in the agricultural and animal sectors.
He asserted Sudan was among the first countries which responded to King Abdullah's initiative for achieving Arab food security, saying that Sudan enjoys vast resources including large agricultural land, animal wealth, and water.
The governor of the Northern state, Ibrahim Al-Khidir, for his part, said Saudi Arabia has 40 years of experience in agricultural investments and stressed that his state has unparalleled fertile land, pointing out that integration between the two countries would lead to food self-sufficiency in Saudi Arabia, Sudan and the Arab world.
Last year, Sudan signed an agricultural cooperation agreement with Beijing which gives Chinese companies several options to operate in Sudan.

The accord aims at promoting Sudan self-sufficiency and exporting surpluses to China and the rest of the world to contribute to solving the world's food shortage.
Once hoped to be the breadbasket of the Arab world, Sudan's agricultural sector has continued to deteriorate over the years mainly as a result of negligence, drought, mismanagement, high taxes and the overall economic climate.
Sudanese farmers often complain about the high costs of imported materials such as fertilizers. Many of them were sent to jail as their debt piled up. Foreign investors also complain about lack of infrastructure and unfriendly laws which they say deters them from putting money in Sudan's vast farmlands. In May of last year, a Saudi investment firm said it will hold off its planned agricultural project in Sudan to produce wheat and other basic food items until the government eases a ban to repatriate profits. — Agencies


Clic here to read the story from its source.