Saudi Arabia’s Grain Corporation to Become General Food Security Authority

In July 2021, Saudi Arabia completed the final stage of the flour milling sector privatization. (Asharq Al-Awsat)

The Saudi Council of Ministers decided to transform the Saudi Grains Organization (SAGO) into the General Food Security Authority (GFSA), and approved the draft organizational arrangements for the entity.

The move came to confirm the government’s keenness to maintain the security of the food sector, in light of the recent challenges caused by the Russian-Ukrainian crisis, which impacted prices of food and commodities.