Saudi Arabia is putting $800m into a new public company that will invest in overseas agricultural projects.
The move signals a large step-up in Riyadh’s efforts to outsource supply for the kingdom’s food needs.
Saudis set aside $800m for foreign food
By Andrew England in Riyadh and Javier Blas in London
Published: April 14 2009 19:42 | Last updated: April 14 2009 19:42
Crop circles: Saudia Arabia is phasing out wheat production to preserve water
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