Arab News on the privatization of Saudi Arabia’s wheat and barley assets

Quoted

“SAGO has 3.3 million tons of grain-storage space… Saudi Arabia vies with China as the biggest importer of barley, buying about 6.9 million tons annually. It uses the grain mostly to feed sheep, camels and goats. It also ships in around 3 million tons a year of wheat.”

-Arab News, reporting on State-owned Saudi Arabia Grains Organization, which just completed the sale of all its flour mills for about $1.5 billion, is seeking bids for its silos as it continues to try to privatize assets. [Arab News]





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