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Outbound containers experienced a notable 14 percent increase, reaching 254,832 containers

The agreement focuses on sectors with considerable growth potential, including industry, services, and the digital economy

The partnership outlines initiatives to transfer advanced technology and modernize industrial processesÂ

This represents a $505.86 million increase over the previous year

This volume was handled by over 70 licensed logistics companies, ensuring secure and confidential deliveryÂ

The Kingdom’s ports have made notable advancements, achieving, in August, 15th place globally in annual container handling

The visit aims to boost cooperation in industry and mining, strengthen bilateral relations, and attract investments to the Kingdom

Inbound traffic totaled 3.4 million TEUs, whereas outbound traffic amounted to 2.2 million TEUs

The announcement was made at the Saudi-Italian Business Forum at the Federation of Saudi Chambers' headquartersÂ

The ministry has launched initiatives in the industrial and mining sectors for entrepreneurs and SMEs to leverage

The discussions also covered Saudi Arabia's Vision 2030 and ongoing economic and development reforms

This initiative aims to boost socio-economic growth and improve residents' quality of lifeÂ

This MoU will expire upon signing the SPA, expected by September 30

By the end of Q2 2024, the number of Fintech companies in the Kingdom reached 224, exceeding the target of 168

800+ development projects have been funded by SFD since inception

 The park features 60,000 sqm of creative spaces, nine innovative office buildings

Tech and government investments are transforming the Kingdom's esports sector, creating 39,000 jobs by 2030

National Industrial Strategy seeks to raise the number of factories across the country 3.5 fold to 36,000 factories by 2035

$19.64 billion in non-oil exports through 34 customs outlets

Jeddah Islamic Port has made particularly impressive strides, leaping from 41st to 32nd place

The Najran region is home to 90 factories with investments surpassing $1.28 billion

Earlier this year, NEOM awarded $4.7 billion contract to Webuild for the Trojena project

Plant's first 2 trains to have a capacity of 50,000 tons per annum of high-purity lithium hydroxide monohydrate

The projects include infrastructure development for the third industrial city in Jeddah and the second industrial city in Makkah