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Kingdom approves 600M Riyal meat loans
The Board of Directors of the Agricultural Development Fund has approved loans and financings exceeding 600 million riyals to fund projects across the red meat, supply chain, and processing industries in various regions of the Kingdom. The aim is to promote local production and ensure sustainability in food security, in addition to direct funding as part of the basic goods import initiative to achieve the national food security strategy. The support includes project financing and fostering sustainable performance in the agricultural sector up to the end of August.
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