Search Site

Trends banner

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

Saudi Arabia has stable food stocks, says agriculture minister

Saudi Arabia’s Minister of Environment, Water, and Agriculture Abdul Rahman Al-Fadli. Saudi Press Agency
  • Abdul Rahman Al-Fadli said Saudi Arabia’s food commodity markets had not experienced any supply shortages
  • The country has been ranked one of the world’s best in terms of food abundance, added the agriculture minister

Saudi Arabia’s Minister of Environment, Water, and Agriculture Abdul Rahman Al-Fadli on Saturday said that there are no concerns regarding the availability of food in the country.

His assertion, as reported in local media came amid the current Russian-Ukrainian crisis.

Saudi Arabia has taken steps to maintain the stability of domestic supply in accordance with the food security strategy, said the local reports.

Al-Fadli, who is also the head of the food security committee, was quoted as saying that the supply chains of agricultural, livestock, and food commodities are safe, reliable, and ongoing.

He was apparently referring to the volume of domestic production and sufficiency rates of many commodities.

This supply safety and adequacy are also said to be the result of the multiple global import sources of imported goods, which preclude any scarcity of supply because of the crisis.

He added that the local stocks of basic food commodities are all at safe levels and there is no fear of any shortage of supply.

The commodities include wheat, rice, sugar, food oils, poultry meat, red meat, fish, eggs, milk and its derivatives, vegetables and fruits, dates, barley, corn, soybeans, and greenfeed.

Al-Fadli also said Saudi Arabia’s food commodity markets had not experienced any supply shortages.

The country has been ranked one of the world’s best in terms of food abundance, he added.