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Saudi Arabia invests 3 billion riyals in food security
Saudi Arabia allocated 3 billion riyals to enhance food security and address supply chain disruptions, aiming to support the import of strategic commodities such as grains and animal feed, which have been affected by navigation and supply chain disruptions in the region. The funds were distributed between a core budget of 950 million riyals and an additional initiative of two billion riyals, with 1.35 billion riyals already spent benefiting 18 companies. The remaining funds are expected to be disbursed before the end of 2026. These measures are part of the government's efforts to ensure food security stability amidst supply challenges from markets such as Australia, Brazil, the United States, and Russia.
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