Lebanese businesses rebel against lockdown

  • Date: 25-Aug-2020
  • Source: Arab News
  • Sector:Economy
  • Country:Saudi Arabia
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Lebanese businesses rebel against lockdown

RIYADH: Abdul Rahman Al-Fadhli, minister of environment, water and agriculture, sponsored the inauguration ceremony of the National Grain Co., a strategic partnership between the Saudi Agricultural and Livestock Investment Co. (SALIC), and the National Shipping Company of Saudi Arabia (Bahri).

With an estimated total cost of SR412 million ($109.8 million) in phase 1, the project aims to meet the future demand for major grains in the Kingdom. 

The announcement ceremony was held at the headquarters of the Environment Ministry, under the patronage of Al-Fadhli, in the presence of Ahmed Al-Faris, governor of the Saudi Grains Organization, Mohammed Al-Sarhan, chairman of Bahri, Sulaiman Al-Rumaih, CEO of SALIC, and Abdullah Al-Dubaikhi, CEO of Bahri. 

This partnership aims to oversee the trade, handling, and storage of grains between sources in all regions of the Black Sea, Europe,