Saudi Arabie News

Boost Your Honey Business with $37.3m from Saudi Reef Program

Riyadh’s Honey Industry Flourishes with SR140 Million Investment

In a groundbreaking move, the honey industry in Saudi Arabia has received a whopping SR140 million ($37.3 million) in funding, benefiting a total of 10,584 individuals since 2020. The Saudi Press Agency has reported on the significant impact of this support provided by Saudi Arabia’s Sustainable Agricultural Rural Development Program, also known as Saudi Reef.

Regional Impact: Asir, Hail, Makkah, and Al-Baha Lead the Way

The funding has made a remarkable difference in various regions of the Kingdom, with Asir, Hail, Makkah, and Al-Baha standing out as the top beneficiaries. Saudi Reef’s efforts have not gone unnoticed, especially on World Bee Day, as the program highlighted the impressive achievements in boosting local honey production.

Path to Self-Sufficiency: Ambitious Goals for the Future

With a notable increase in honey production reaching 3,120 tons in 2023, a significant 41 percent rise from 2021, Saudi Reef is determined to push boundaries further. The ultimate goal is to hit an annual production target of 7,500 tons by 2026, striving for self-sufficiency in the industry.

Empowering Beekeepers: Key Projects and Initiatives

Saudi Reef has been instrumental in supporting crucial projects for the sector, such as establishing queen bee rearing and package bee production facilities in key areas like Hail, Najran, Jazan, Medina, Tabuk, and Taif. The program also equips beekeepers with modern tools, spreads awareness of advanced techniques, and operates mobile laboratories for disease diagnosis.

Commitment to Sustainable Development: A Vision for Progress

Remaining steadfast in its mission, Saudi Reef continues to provide unwavering support to beekeepers and implement projects that bolster the honey industry. This aligns perfectly with the Kingdom’s drive towards sustainable and comprehensive development, focusing on environmental sustainability and agricultural diversification.

Building a Stronger Future: Job Creation and Economic Growth

Beyond financial support, Saudi Reef’s projects play a vital role in creating job opportunities, boosting incomes, and enhancing living standards for small farmers. These initiatives align with the broader objectives of Saudi Vision 2030, emphasizing development, diversification, and economic growth.