Saudi agriculture fund OKs over $87.8 million loans

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Updated 19 May 2020

Saudi agriculture fund OKs over $87.8 million loans

  • The projects include vegetable cultivation, poultry, and date factories, as well as importing rice, yellow corn and soybeans

RIYADH: Saudi Arabia’s Agricultural Development Fund has approved loans worth more than SR333 million ($87.8 million) to finance 12 projects in a number of regions of the Kingdom and import foodstuff.
The projects include vegetable cultivation, poultry, and date factories, as well as importing rice, yellow corn and soybeans.
These projects come within a package of urgent financial initiatives and measures being launched by the Kingdom to support the private sector and contribute to reducing the economic impact of the coronavirus disease (COVID-19) pandemic.
Munir bin Fahad Al-Sahli, director general of the fund, said that agricultural loans worth more than SR91 million were approved to finance 10 projects within the working capital funding initiative that includes operational loans for vegetable cultivation projects in air-conditioned greenhouses, as well as operational loans for projects in the poultry sector and projects for date factories. The fund also agreed to finance two loans to import rice, yellow corn and soybean crops. SPA Riyadh


Saudi cybercamp to train jobseekers in programming

Updated 18 September 2020

Saudi cybercamp to train jobseekers in programming

A cybercamp to train jobseekers in the field of programming has been launched in Saudi Arabia.
The Human Resources Development Fund (Hadaf), in cooperation with the Saudi Federation for Cybersecurity, Programming, and Drones (SAFCSP), will run the skills initiative as part of the Tuwaiq Cybercamp training program.
Fifty trainees will take part in the learning scheme which will provide information on iOS and Android app programming, individual mentoring sessions, and practical application with certified programming certificates.
The accord also aims to provide support toward maintaining future job security.