Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

KSA imported 23.5M tons of wheat in 10 years

byCT Report
11/01/2018
in Latest News
Share on FacebookShare on Twitter

RIYADH:  Saudi Arabia imported 23.5 million tons of wheat in the past 10 years, business daily Al-Eqtisadiah said on Wednesday quoting the governor of the General Corporation of Cereals Ahmed Al-Faris. The imports were in line with the government’s policy of a gradual shift from local cultivation of cereals in order to rationalize the consumption of water,” he said. Al-Faris said the purchases of the local wheat were reduced by 12.5 percent every year until the end of 2015. From 2016 onward we have been importing all our wheat requirements from outside,” Faris explained. He said a national plan to halt the cultivation of the green fodders was being executed by the Ministry of Environment, Water and Agriculture. The governor said the corporation was currently following up the establishment of grain silos in Yanbu seaport with a storage capacity of 120,000 tons at at cost of SR350 million. He said the corporation would soon offer a project to establish grain silos in Dhiba seaport. “We will utilize all the Kingdom’s ports on the Red Sea to receive shipment of cereals,” he added. Faris said the corporation aims to store sufficient quantities of wheat to comply with the increasing number of the population and the growing number of the Haj and Umrah pilgrims.

 

You might also like

SAARC chief urges turning South Asia’s challenges into opportunities

24/04/2026

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

24/04/2026

Related Stories

SAARC chief urges turning South Asia’s challenges into opportunities

byCT Report
24/04/2026

ISLAMABAD: President of the SAARC Chamber of Commerce and Industry, Chandi Raj Dhakal, has emphasized that South Asia’s economic and...

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

byCT Report
24/04/2026

KARACHI: The Directorate General of Customs Valuation has revised customs values for imports of PVC, PU and other coated fabrics...

PM clears NBP’s long-awaited Rs35 per share dividend

byCT Report
24/04/2026

ISLAMABADI: National Bank of Pakistan has received approval for its long-delayed dividend payout after Prime Minister Shehbaz Sharif cleared the...

SBP eases import financing rules for oil & LNG amid geopolitical crisis

byCT Report
24/04/2026

KARACHI: The State Bank of Pakistan (SBP) has revised key foreign exchange instructions to facilitate the import of crude oil,...

Next Post

Russian gas return to Ukraine to cost EU traders $1b

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.