Six million Saudi riyals were invested by Abdulaziz Al Jalban to purchase a successful Canadian farm, establish a local farm, and breed and buy falcons.
According to SPA, the investor noted that his activities began as a personal interest before evolving into a business. His farm currently houses over 100 falcons, focusing on quality and the breeding of racing falcons, specifically the Gyr species.
Al Jalban stated that he achieved a return on investment within the first year, contrasting with the typical three-year estimation for such investments. He plans to expand high-quality production to compete in domestic and global markets.
The growth in this sector is attributed to support from the National Falcon Center, an increase in competitions, more breeding farms, and rising demand.
How much did Abdulaziz Al Jalban invest in his falcon business? Abdulaziz Al Jalban invested approximately 6 million Saudi riyals. This capital was used for the purchase of a successful Canadian farm, the establishment of a local farm, and the general breeding and purchasing of falcons.
What is the current scale and focus of the falcon farm? The farm currently houses more than 100 falcons. The primary focus of the operation is on quality and the breeding of falcons used for racing, with a specific emphasis on the Gyr species.
How did the investment performance compare to typical expectations? While typical investment norms estimate a return on investment after about three years, Al Jalban managed to recover his capital within the first year. He now plans to expand production to compete in both global and domestic markets.