6 Hrs
Source:
الاقتصادية
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Saaleq doubles assets in 5 years
The article discusses Salik Saudi Agriculture Investment and Livestock Production Company, which is one of the investment arms of the Public Investment Fund. The company works to enhance food security by building an integrated global system for food supply. Its assets have quintupled over five years to surpass 30 billion riyals, providing 25% of Saudi Arabia's wheat consumption and managing 8% of the world's grain trade. Salik focuses on diversifying production sources and markets, with investments in Ukraine, Brazil, Australia, and Canada, as well as developing its logistical and commercial capabilities through centers like Sabl. The company strives to balance achieving sustainable investment returns with ensuring food security, investing in modern agricultural technologies to increase efficiency, and enhancing diverse sourcing strategies. This approach increases supply chain resilience and protects against market fluctuations. **In summary, Salik contributes to securing both local and global food supplies through diverse strategies, focusing on growing its assets while balancing profit and food security.**
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