X

Saudi Arabia issues 83 new industrial licenses in June worth $253mln

RIYADH — The Ministry of Industry and Mineral Resources issued 83 new industrial licenses in June, representing more than SR950 million ($253.3 million) in total investments, the ministry announced on Monday.

The new licenses are expected to create over 1,188 jobs across various regions of the Kingdom, signaling continued momentum in Saudi Arabia’s drive to expand its industrial base.

According to the monthly report released by the National Center for Industrial and Mining Information, 58 new factories also commenced operations in June.

These factories represent a combined investment of SR1.9 billion ($506.6 million) and are forecast to generate 2,007 new jobs.

Source: zawya
a#ot-sdk-btn { border: 0!important; padding: 0 !important; color: rgba(0, 0, 0, 1) !important; text-transform: uppercase !important; font-size: 16px !important; } a#ot-sdk-btn:hover { color: rgba(0, 0, 0, 1) !important; background-color: transparent!important; } @media (max-width: 580px){ a#ot-sdk-btn{ display: block; } }
  • linkedin
  • facebook
  • twitter

dmg events is a leading organizer of face-to-face events and publisher of information services. Our aim is to create dynamic marketplaces to connect businesses with the right communities to accelerate their growth in today’s rapidly evolving landscape.