The Board of Directors of the Agricultural Development Fund, chaired by His Excellency the Minister of Environment, Water and Agriculture and Chairman of the Board, Eng. Abdulrahman bin Abdulmohsen Al-Fadli, approved a package of development and investment loans during the fourth quarter of the current fiscal year, with a total value exceeding SAR 900 million. This brings the total value of loans approved during the year to more than SAR 6.47 billion.
The approved loans included a variety of development financing programs to support farmers across several regions of the Kingdom, in addition to investment financing for key sectors. These sectors include broiler chicken production projects, automated poultry slaughterhouses, sheep breeding and fattening, greenhouses, as well as multiple loans for supply chain activities, agro-processing industries, and cold storage and freezing warehouses.
The Board also approved the Fund’s annual objectives and adopted the operating budget and business plan for the upcoming fiscal year 1447/1448H (2026). In addition, it reviewed the Fund’s overall performance report up to the end of November 2025, discussed a number of policies aimed at strengthening governance frameworks across the Fund’s operations and activities, examined memoranda submitted by its affiliated committees, and issued the appropriate recommendations accordingly.
