Tag Archives: saudi arabia

Saudi Plan to Outsource Farming Bears Fruit

The Saudi Kingdom announces the arrival of the first food crop harvested in Saudi-owned farms abroad, in a sign it is moving faster than expected to outsource agricultural production.

Saudi Output Increases Made Irrelevant by Nigerian Problems

Despite the promises from Saudi Arabia, that increase in production will have no real effect on the fundamental supply of oil available to market. This week has seen attacks on the oil production infrastructure in Nigeria that has cost the African nation its position as the top oil producer in Africa. It is now #2, after Angola.