INSEAD Day 4 - 728x90

Sanad posts record revenue

Growth driven by global demand for services.

Bank of Sharjah profit up 39%

Bank's total assets grow 10% to $14.4 billion.

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Saudi Arabia aims to be world’s primary source for dates

    • Saudi Arabia looks to dominate the dates industry

    • It wants to establish itself as the primary source of dates for the world

    Saudi Arabia aims to expand and establish itself as the world’s first source for dates, and to achieve the preeminence in the dates industry its National Center for Palms and Dates (NCPD) is working with the Ministry of Environment to strengthen its position as the world’s second-largest producer.

    The industry has become one of the kingdom’s most important export sectors, with Saudi producers exporting dates to 107 countries last year, according to a report by the NCPD. Saudi Arabia produces around 1.5 million tons of dates each year, making it the second-largest producer in the world.

    “The center will enable farmers to obtain the Saudi dates mark, based on international quality certificates, which will contribute to strengthening the production chain and raising the quality of agricultural practices before and after harvest,” Thamer Aldaydab, communications manager and spokesperson for the NCPD, told Arab News.

    Along with familiarizing date farmers with modern technology and international certificates, they will also be provided specific services to improve the efficiency of exports, with guidance on packaging, cleaning, storage and marketing to boost their revenues.

    There are 157 date factories in the Kingdom, 42 of which have received the Saudi date brand, along with 41 farms and 24 companies. Many other factories and farms are in the process of receiving the certification.

    Aldaydab said that the production of dates varies from one region to another, but that there is no discrimination in terms of NCPD support against any region. “Each region is characterized by a specific production of dates and is different from other regions. There are more than 31 million palm trees in the Kingdom, producing more than 1.5 million tons of dates.”