What is Saudi Arabia going to do?

What is Saudi Arabia going to do?
Riyadh: Saudi Arabia is now going to privatize grain warehouses after flour mills.

Saudi Arabia, the world’s largest buyer of wheat and barley, will sell some of its grain warehouses, according to a report by a foreign news agency.

According to the report, the Saudi Green Organization (SAGO), which is responsible for storing grain in the country, aims to start selling warehouse sites this year. People with knowledge of this important issue say that Sago will seek offers from foreign firms.


He said the Saudi Green Organization had not yet made a final decision on whether to retain its assets. It should be noted that Saudi Arabia has recorded an increase in the sale of its assets.

A major agreement was reached regarding Saudi flour mills

As the Saudi government seeks to open up and diversify its economy, steps such as privatization are being taken.

Sago sold all of its flour mills to local and international investor groups for about ً 1.5 billion last year. The Saudi Green Organization currently has a storage capacity of 3.3 million tons of grain.

Saudi Arabia uses grain to feed mostly sheep, camels and goats.

Related posts

hopelives365, mark finley, sda films, sabbath school, three angels broadcasting network, 3 ami

Read more

High-Quality Subwoofers for a Good Price

High-Quality Subwoofers for a Good Price: Music is a universal language that can uplift your mood…
Read more

Under seat car subwoofers that produce a clean sound

Under seat car subwoofers that produce a clean sound: Car audio systems have come a long way in…
Read more
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you.

Leave a Reply

Your email address will not be published. Required fields are marked *