The Saudi Arabian Agricultural Bank recently adopted a new strategy regarding its lending and project financing operations in the Jazan area of southern Saudi Arabia, reported Al-Hayat . The new strategy focuses on supporting and financing revenue-generating projects that use modern technology. In addition, the new strategy focuses on supporting projects, which use desalinized water to produce crops. It also emphasizes greenhouse production of fruit, vegetable and palm trees. — (menareport.com)
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