ADF board approves SAR 473M credit facilities

This initiative supports Saudi Arabia’s food security strategy by boosting strategic reserves and maintaining supply chain stability

Saudi Arabia’s Agricultural Development Fund (ADF) approved over SAR 473 million in financing and credit facilities across the Kingdom, the board announced following its third meeting for 2025, the Saudi Press Agency (SPA) reported.

Approvals included a mix of development loans for farmers and financing for projects across various sectors, including poultry farming, greenhouse vegetable production, inland fish farming, as well as financing the operating costs of purchasing dates and manufacturing industries for dates.

ADF also gave the go-ahead for some loans under its agricultural import financing program.

This initiative supports Saudi Arabia’s food security strategy by boosting strategic reserves and maintaining supply chain stability.