INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Saudi Arabia’s Tabuk region produces over 28m roses annually

An explanatory study was conducted to meet the local market's need for flowers and achieve self-sufficiency. (SPA)
  • These flowers have a market value of over US$8.5 million making the region a leader in rose production and export.
  • The Kingdom’s Ministry of Environment, Water and Agriculture has developed strategies to advance the sector.

TABUK, SAUDI ARABIA – The Tabuk region’s agricultural sector is making steady progress towards achieving the goals of Saudi Arabia’s Vision 2030. Tabuk region annually produces over 28 million flowers, including 17 varieties of roses.

These flowers have a market value of over SAR32 million, making the region a leader in rose production and export.

The Ministry of Environment, Water and Agriculture has developed strategies and programs to advance the sector and leverage the region’s comparative advantage for sustainable agricultural development and food security.

The Ministry’s branch in the Tabuk region reports that flower production began in 1983.

An explanatory study was conducted to meet the local market’s need for flowers and achieve self-sufficiency before exporting the unique product to all markets.