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Industry
Industry
Saudi, Italy eye Investments in automotive, mining, and oil sectors
Both countries committed to enhancing strategic autonomy in raw material sector
Industry
Saudi Arabia invests $12 billion in metal production
Kingdom seeks to become global leader in aluminum production
Industry
Saudi raises mining sector’s GDP contribution target to $80 bn
Kingdom to host the Future Minerals Forum in January, 2024
Industry
Saudi explores potential $250 mn investment in Chinese automotive market
PIF contemplates $3 bn purchase of Shanghai-based Human Horizons
Industry
Saudi industrial sector’s success increased GDP by SAR340 billion
Industrial establishments up by 50 percent since the launch of Vision 2030
Industry
Saudi is manufacturing its future with industry 4.0
Mining industry also a pilar for economic diversification
Industry
Saudi Arabia issues 73 industrial licenses in June
The total investment value for licenses issued in June amounts to SR1.8 billion
Industry
Saudi grants 53 new industrial licenses in 7 activities
Topped by food processing with 9 licenses
Industry
Foreign, joint investments in Saudi industry surpass SAR542 bn
Number of factories with foreign investment in the Kingdom reached 930
Industry
Lucid’s struggles don’t dampen Saudi’s EV ambitions
Lucid's Jeddah plant construction continues
Industry
Saudi planning to pump $38 bn into video games sector
Savvy focused on asserting itself as a publisher and developer
Industry
World Defense Show to return for a second edition in Saudi
Show to achieve localization of 50% of expenditure on equipment
Industry
Saudi Arabia signals Phosphate mining focus as it looks to diversify
Kingdom to produce 9 million tons of phosphate fertilizers annually
Industry
Saudi launches first local EV brand
to attract $150 mn of FDI
Industry
Saudi launches industrial strategy to increase exports to $148 bn
As part of the country’s Vision 2030 plans
Industry
Saudi announces 3 projects in iron, steel sector worth $9 bn
"Saudi priorities include localizing steel products of all types"
Industry
Saudi issues 30 new industrial licences worth SAR 973 mn in July
Existing, under-construction factories in Saudi reached 10,685 in July
Industry
Saudi contracting sector implements SAR 20 trln projects in 5 years
Saudi contracting firm number reached 165K
Industry
Saudi to manufacture over 300,000 cars per year by 2030
Expenditure on cars in Saudi reached SAR 40bn in 2020
Industry
Lucid secures $3.4bn to set up first EV factory in Saudi
Lucid to produce 150, 000 cars per year in Saudi by 2027
Industry
EV sales in Saudi will reach 1.3 million by 2030
Electromin rolls out 100 charging stations for EVs across Saudi
Industry
Saudi’s PIF invests 1.2 billion riyals in the coffee industry
It seeks to boost annual coffee beans production from 300 to 2,500 tons
Industry
Huge investments reinforces Saudi’s position as a regional mining hub
Saudi attracts investments worth $32 billion through 9 new projects
Industry
Saudi industrial activity witnesses remarkable rise
Number of factories in Saudi exceeded 10,000 factories
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