The number of factories in Saudi Arabia rose by 10% to 11,550 in 2023 from 10,520 a year earlier, data issued by Ministry of Industry and Mineral Resources showed. New industrial licenses reached near …
Pirelli, Hyundai, Schneider Electric, Emerson among multinationals opening factories in Saudi as the Kingdom accelerates plans to localise manufacturing
Saudi Arabia has been actively working on decreasing its traditional dependence on oil exports. One key focus area is the manufacturing sector, with the country’s thriving automotive industry at its c …
Saudi Arabia’s strategic location, abundant resources and drive for technology has made it the best contender to become a global hub for technology and electronics manufacturing, the CEO of newly laun …
Saudi Arabia's ambitious Vision 2030 transformation has already brought significant change and growth to the nation's economy and society, with technology, tourism, and sports gaining global attention …
During his opening speech on the second day of the Riyadh International Industry Week 2024, Deputy Minister of Industry and Mineral Resources for Industrial Affairs Khalil bin Salamah pointed out that …
The Ministry of Industry and Mineral Resources seeks to increase investment in the manufacturing sector and tap the rapid growth in the Kingdom, said Khalil bin Salamah, Deputy Minister for Industry A …
Saudi Arabia is focusing on attracting increased private sector investment in its manufacturing sector, aiming to leverage the kingdom’s recent economic growth, as stated by Deputy Minister of Industr …