Salik's assets worth 30.2B riyals and 25% of Saudi wheat
The article discusses the Saudi Salic Group's investments, which exceed assets of 32 billion riyals, positioning it among the top 10 global companies in the grain sector. It confirms that the group has an investment network covering over 30 countries across six continents, handling more than 50 million tons of strategic commodities annually, and contributing 8% to global grain trade. Rami said that Salic contributed to covering approximately 25% of the Kingdom's wheat consumption in 2025, and he pointed to the company's expansion through acquiring a majority stake in Olam Agricultural, strengthening its presence in international markets. The article also explains that the group monitors global market movements directly to ensure the flexibility of its food security, especially amid a 17% increase in wheat prices since July 2026 and a decline of more than 33% in its export capacity from Ukrainian ports. Rami emphasized that disruptions in the Strait of Hormuz could impact fertilizer costs and food supplies, underscoring the importance of diversifying global assets to maintain stability in supply and national food security.
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