Riyadh, Saudi Arabia – 2025
Saudi FoodTech has spotlighted the strategic relevance of Olam Agri’s recently secured US$1.85 billion financing facility—reinforcing Saudi Arabia’s Vision 2030 agenda for food security and global agri-food resilience.
The facility was arranged by Olam Agri Holdings, partially owned by the Saudi Agricultural and Livestock Investment Company (SALIC), a PIF subsidiary. It comprises both conventional (US$1.6B) and Islamic (US$250M) tranches, making it one of the largest recent agribusiness financings.
Sixteen international banks participated, signaling strong investor confidence in Saudi-led efforts to fortify global food supply chains through resilient infrastructure and strategic capital deployment.
“This move reflects how Saudi-backed players are shaping the future of food security at scale,” said Mohammed Alqurashi, Founder of Saudi FoodTech. “Aligning capital with long-term food system resilience is a priority we continue to champion.”
Notably, the inclusion of a sizable Shariah-compliant tranche highlights the growing role of Islamic finance in high-impact food investments — a space where Saudi Arabia is emerging as a leader.