Latest news with #industriallicenses
Argaam
7 days ago
- Business
- Argaam
Saudi Arabia issues 92 new industrial licenses in April
Saudi Arabia's Ministry of Industry and Mineral Resources issued 92 new industrial licenses in April, while 80 factories began production during the same month, the ministry said in a report. The newly licensed projects represent investments exceeding SAR 2 billion and are expected to create more than 1,427 jobs across various regions of the Kingdom, according to data from the National Industrial and Mining Information Center.
Argaam
12-05-2025
- Business
- Argaam
Industry Ministry issues 93 licenses in March
Ministry of Industry and Mineral Resources issued 93 new industrial licenses in March. Investments linked to these new licenses amount to SAR 5.1 billion, with the related projects expected to create over 1,260 job opportunities across the Kingdom. Meanwhile, 109 new factories began production in March, with SAR 2.6 billion investments and 1,766 estimated job opportunities, it added, in a post on 'X' platform. The ministry also noted that the number of existing industrial facilities rose to 12,067 by the end of March, an increase of more than 8% compared to 11,143 facilities in the same period a year ago, and compared to 11,988 facilities last February.
