Dates exercise data in Madinah surges by 31% by the top of Q3 of 2023

by ADeeL

Saudi Gazette report

RIYADH — The Ministry of Commerce (MoC) revealed that the business data for the exercise of the drying, packing dates and manufacturing the product in Madinah area have witnessed a development by 31% by the top of the Q3 of 2023.

MoC said that the business data amounted to 145 data by the top of Q3 of 2023, in contrast with 110 business data throughout the identical interval of 2022.

So as to improve the dates trade in Madinah area, the Public Funding Fund (PIF) introduced in July 2023 the institution of Al Madinah Heritage Firm (MHC), geared toward enhancing the manufacturing of Ajwa dates in Madinah area.

The targets of MHC will contribute in growing the meals and agriculture sector in Saudi Arabia, growing the amount of native content material for dates sector, elevating its contribution within the GDP, and diversifying sources of revenue in keeping with the Kingdom’s Imaginative and prescient 2030.

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