UAE banks financed $51.8bn worth of green projects: UBF

Saudi Arabia achieves firm grip on food security as open-field vegetable production increases to 983,000 tons in 2021 compared to 904,000 tons in 2020, according to data from the General Authority for Statistics.

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8/21/2023

Majid Al Futtaim Group sees promising growth prospects in Saudi

India's decision to impose a 40 percent export duty on onions may exacerbate food inflation in Gulf Cooperation Council (GCC) countries and disrupt supply chains, potentially leading to shortages and price fluctuations. However, the impact is expected to be temporary, and other onion-producing nations may respond to the higher prices by increasing their supplies. GCC countries may need to consider diversifying their sourcing of onions and bolstering domestic cultivation to mitigate future vulnerabilities.