Saudi Arabia to bolster food security with 5 new investment projects in Al-Baha region 

Plantation of date palms intended for healthy food production. Shutterstock
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Updated 15 July 2024
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Saudi Arabia to bolster food security with 5 new investment projects in Al-Baha region 

RIYADH: Saudi Arabia’s food security is set to strengthen with five new investments in the agriculture sector of the Al-Baha region, aimed at achieving self-sufficiency under Vision 2030.

The Ministry of Environment, Water, and Agriculture announced these opportunities through its FURAS portal, as reported by the Saudi Press Agency. The projects include cultivating orchards, coffee, palm trees, and producing flowers and wild plants.

This comes as Saudi Arabia, despite about 90 percent of its territory being desert, is leading an agricultural boom aimed at boosting domestic crop production and reducing dependence on imported food.

The Kingdom has already achieved complete self-sufficiency in dates, fresh dairy products, and table eggs, according to the General Authority for Statistics’ Agricultural Statistics Publication.

The new investment opportunities feature a coffee city project aiming to cultivate more than 150,000 trees across an area exceeding 2.29 million sq. m., with a production capacity surpassing 15,000 tonnes. 

The ministry has set a submission deadline of Sept. 10, with bid envelopes scheduled to be opened the following day.

Another initiative is the Al-Ennab Village project, situated near Al-Janabeen Dam, focusing on cultivating palm and fruit trees over an area of more than 4.6 million sq. m. The deadline for bids for this project is Sept. 24, with the envelopes scheduled to be opened the following day.

The Ministry of Environment, Water, and Agriculture emphasized the strategic importance of these projects in enhancing agricultural productivity and ensuring long-term food security for the Kingdom.

Meanwhile, the ministry said that the lavender fields project opportunity aims to plant over 2,500 lavender seedlings annually and set up a fence and shades made of agricultural mesh, mother fields, and irrigation networks in an area that will exceed 11,710 sq. meters.

The deadline for submitting bids is Sept. 2, and the envelopes will be opened on Sept. 3.

Additionally, there is a fruit nursery project in the Qilwah governorate aimed at cultivating 100,000 seedlings annually for all types of fruits, covering an area exceeding 33,370 sq. meters.

Moreover, a flower nursery project in the same district has been included among the investment opportunities. This initiative aims to produce 500,000 seedlings annually for various flowers and wild trees, covering an area exceeding 34,790 sq. meters. 

Bids are scheduled to be submitted by the end of Sept. 3, with the envelopes set to be opened the following day.

MEWA announced the launch of the first Saudi AgriFood Tech Alliance earlier this month, with founding partners including the Research, Development, and Innovation Authority, King Abdullah University of Science and Technology, and Topian, NEOM’s food company.

According to the ministry, the alliance aims to provide a platform to unite and mobilize a complementary network of food and agriculture stakeholders, catalyzing the national-scale deployment of AgriFood technological solutions.

The alliance includes around 40 entities from the public and private sectors, research and academia, and nonprofit organizations.


Saudi POS spending jumps 28% in final week of Jan: SAMA

Updated 06 February 2026
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Saudi POS spending jumps 28% in final week of Jan: SAMA

RIYADH: Saudi Arabia’s point-of-sale spending climbed sharply in the final week of January, rising nearly 28 percent from the previous week as consumer outlays increased across almost all sectors. 

POS transactions reached SR16 billion ($4.27 billion) in the week ending Jan. 31, up 27.8 percent week on week, according to the Saudi Central Bank. Transaction volumes rose 16.5 percent to 248.8 million, reflecting stronger retail and service activity. 

Spending on jewelry saw the biggest uptick at 55.5 percent to SR613.69 million, followed by laundry services which saw a 44.4 percent increase to SR62.83 million. 

Expenditure on personal care rose 29.1 percent, while outlays on books and stationery increased 5.1 percent. Hotel spending climbed 7.4 percent to SR377.1 million. 

Further gains were recorded across other categories. Spending in pharmacies and medical supplies rose 33.4 percent to SR259.19 million, while medical services increased 13.7 percent to SR515.44 million. 

Food and beverage spending surged 38.6 percent to SR2.6 billion, accounting for the largest share of total POS value. Restaurants and cafes followed with a 20.4 percent increase to SR1.81 billion. Apparel and clothing spending rose 35.4 percent to SR1.33 billion, representing the third-largest share during the week. 

The Kingdom’s key urban centers mirrored the national surge. Riyadh, which accounted for the largest share of total POS spending, saw a 22 percent rise to SR5.44 billion from SR4.46 billion the previous week. The number of transactions in the capital reached 78.6 million, up 13.8 percent week on week. 

In Jeddah, transaction values increased 23.7 percent to SR2.16 billion, while Dammam reported a 22.2 percent rise to SR783.06 million. 

POS data, tracked weekly by SAMA, provides an indicator of consumer spending trends and the ongoing growth of digital payments in Saudi Arabia.  

The data also highlights the expanding reach of POS infrastructure, extending beyond major retail hubs to smaller cities and service sectors, supporting broader digital inclusion initiatives.  

The growth of digital payment technologies aligns with Saudi Arabia’s Vision 2030 objectives, promoting electronic transactions and contributing to the Kingdom’s broader digital economy.