Middle East Economic Survey

VOL. LIII

No 36

6-Sep-2010

SAUDI ARABIA

Saudi Arabia Reducing Vulnerability To Food Price Swings, Says BSF

Saudi Arabia relies on imports for about 70% of food supplies, and is thus susceptible to price swings and supply shortages on global markets, according to a report published by Banque Saudi Fransi (BSF) on 21 August (MEES, 30 August). The country consumes about 14mn tons/year of animal feed. Yet in order to address challenges of shrinking water resources and...