Saudi agriculture set to grow with 9,683 Q3 licenses enhancing food security, local production

The agricultural sector in Saudi Arabia’s Asir region has witnessed the creation and support of many projects. File/SPA
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Updated 07 October 2024
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Saudi agriculture set to grow with 9,683 Q3 licenses enhancing food security, local production

  • Fish resource category received the highest number of licenses, totaling 5,969
  • Licensing period ran from the beginning of July to the end of September

JEDDAH: Saudi state-owned National Co. for Agricultural Services issued 9,683 agricultural licenses in the third quarter of the year to enhance food security and boost local production, said the CEO.

Omar Al-Suhaibani highlighted that the licensing period ran from the beginning of July to the end of September.

The company, known as AgriServ, is dedicated to empowering farmers, breeders, and commercial enterprises in the agricultural sector. 

The Kingdom has established a strategic plan for its agricultural sector that focuses on evaluating performance and formulating objectives across five key axes, including sustainability of natural resources, food security, societal welfare for farmers, economic contributions, and preventative measures.

Despite its desert climate and limited water resources, the country emphasizes national policies and strategies that tackle critical issues such as food and water security, sustainable agricultural development, and ecological balance. 

These efforts reflect Saudi Arabia’s commitment to enhancing agricultural productivity while ensuring the responsible management of its natural resources.

The CEO highlighted that the fish resource category received the highest number of licenses, totaling 5,969, followed by the plants division, which issued 2,476.

Other categories included 677 permits for veterinary establishments, 286 for public benefit markets, and 275 for animal resources. Al-Suhaibani highlighted that beekeepers within the plant resource sector accounted for the highest number of licenses, with 1,486 issued.

In the fish resource category, seasonal fishermen were granted 1,227 temporary fishing permits, while the veterinary business category registered 324 practice licenses. Authorizations for broiler chicken production led the animal resource category with 184 licenses, and there were 152 licenses for marketing service providers in public benefit markets.

AgriServ is a Saudi government-owned company established in 2018 as one of the outcomes of the transformation program in the provision of agricultural services.

It aims to provide high-quality and sustainable agricultural services to enhance operational efficiency, improve quality and productivity, and support the goals of agricultural sector development.

The company is responsible for executing the services assigned by the Ministry of Environment, Water, and Agriculture on sustainable commercial grounds, while MEWA retains legislative, regulatory, and supervisory duties over the sector.


Closing Bell: Saudi main index closes in red at 10,414 

Updated 17 December 2025
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Closing Bell: Saudi main index closes in red at 10,414 

RIYADH: Saudi Arabia’s Tadawul All Share Index closed lower on Wednesday, shedding 38.85 points, or 0.37 percent, to finish at 10,414.06. 

Total trading turnover on the benchmark index reached SR3.46 billion ($920 million), with 123 stocks advancing and 134 declining. 

The Kingdom’s parallel market Nomu also shed 41.61 points, or 0.18 percent, to close at 23,428.67. 

The MSCI Tadawul Index edged down 0.45 percent to 1,368.36. 

Arabian Drilling Co. was the best-performing stock on the main market, with its share price rising 6.8 percent to SR102.90. 

Naqi Water Co. gained 4.30 percent to SR58.25, while Saudi Ground Services Co. advanced 3.78 percent to SR38.42. 

Tihama Advertising, Public Relations and Marketing Co. saw its share price fall 4.95 percent to SR16.31. 

AlAhli REIT Fund 1 also declined 3.53 percent to SR6.29. 

On the announcements front, United Mining Industries Co., listed on the parallel market, said it has begun commercial production of gypsum board at its plant in Yanbu. 

In a Tadawul statement, the company said the financial impact of the project’s commercial production will be reflected in the first quarter of 2026. 

United Mining Industries Co.’s share price was unchanged, closing at SR42.54.  

Dkhoun National Trading Co. said its shareholders approved the board’s recommendation to distribute interim dividends on a semi-annual or quarterly basis for 2025. 

According to a Tadawul statement, shareholders also approved transferring the balance of the company’s statutory reserve, valued at SR2.43 million, to retained earnings. 

Dkhoun National Trading Co.’s shares saw no trades and closed at SR65.