image description
image description
Tell A Friend

FinancialNews


  • 29-04-10

    Saudi investors eye agriculture investments in Algeria

    (MENAFN) Saudi Agriculture Minister Fahad Abdul-Rahman Balghunaim said that Saudi Arabian investors are looking at opportunities to buy into farmland in Algeria, Reuters reported Addressing a meeting of Arab agriculture ministers in Algeria, Balghunaim said that some farmers from the Saudi private sector have started investing in countries including Egypt and Sudan, adding that Algeria represents a good investment opportunity. Countries including Saudi Arabia, Libya, China, and South Korea have sought farmland abroad to guarantee food supplies and cut dependence on imports. An Algerian agriculture official said this month that for the first time the government would be inviting bids from foreign investors to lease farmland.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved