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on April 8, 2011

Saudi Arabia to invest $750 million in poultry, agriculture projects

Investment will help with food security, develop resources

The Arab Authority for Agricultural Investment and Development is planning to invest $750 million in poultry and other agriculture projects in Saudi Arabia, said chairman Ali Bin Saeed Al Sharhan.

The investments would help achieve Arab food security and develop agricultural resources across the region, he said. The AAAID also plans to establish a firm for poultry and agricultural products in the United Arab Emirates.

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