industrial sector

Factories in Saudi Arabia’s southwestern Najran region have achieved a remarkable milestone by exporting industrial and mineral products to over 25 countries. This advancement highlights the region’s growing industrial capabilities and…
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Jordan’s industrial sector has made a significant contribution to the nation’s economy, accounting for 21.7 percent of the gross domestic product in the first quarter, data showed. This achievement highlights the effectiveness of the…
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Saudi Arabia on Tuesday announced an extension of its waiver on fees for expatriate workers in the industrial sector, continuing a policy first introduced in 2019. This decision, effective until Dec. 31, 2024, is part of the Kingdom’s…
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UAE banks provided credit facilities worth 851.87 billion dirhams ($231.93 billion) to the business and industrial sectors by the end of May, reflecting a 3.18 percent year-on-year increase. In its latest monthly statistical bulletin,…
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At least 50 semiconductor design companies will be established in Saudi Arabia by 2030 after a new initiative was launched to develop the sector in the Kingdom. This undertaking will be supported by a deep tech venture capital fund that…
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Economic ties between Saudi Arabia and Morocco are set to boost particularly in the fields of mining of energy as an official delegation from the Kingdom is visiting the northwestern African country to explore venues for cooperation.…
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Saudi-Dutch ties in the industrial and mining sector are set to strengthen, as the Kingdom’s industry minister visited some of the leading manufacturing firms in the Netherlands. Bandar Alkhorayef visited the Philips Medical Devices…
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Saudi Arabia’s industrial sector experienced a 63 percent increase in new investments in 2023, amounting to a SR15 billion ($3.99 billion) rise compared to the previous year. According to the annual report from the Saudi Authority for…
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Saudi Arabia’s industrial sector has recently focused on small investors, the Kingdom’s Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef has said. Speaking to Al-Ekhbariya TV, the minister said that the ministry…
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Saudi Arabia is looking to adopt pioneering manufacturing techniques as it seeks to turn its industrial sector into a key driver of growth, according to a top analyst. Karim Shariff, Middle East head of advanced manufacturing services…
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