Industry

Riyadh’s Future Minerals Forum 2024: Shaping the sector’s future

Saudi Arabia takes the lead in charting the course for sustainable mineral supply chains

Industrial investments in Saudi Arabia reach SAR1.5 trillion in Q3 2023

Industrial investments in large-scale facilities amounts SAR975 billion

MODON unveils SAR538 million industrial cities development plan

Partners with state-owned companies to boost economic growth

Saudi, Italy eye Investments in automotive, mining, and oil sectors

Both countries committed to enhancing strategic autonomy in raw material sector

Saudi raises mining sector’s GDP contribution target to $80 bn

Kingdom to host the Future Minerals Forum in January, 2024

Saudi explores potential $250 mn investment in Chinese automotive market

PIF contemplates $3 bn purchase of Shanghai-based Human Horizons

Saudi industrial sector’s success increased GDP by SAR340 billion

Industrial establishments up by 50 percent since the launch of Vision 2030

Abu Dhabi commits $2.7 bn to manufacturing sector programs

Sector could more than double its current size with the investment

Saudi is manufacturing its future with industry 4.0

Mining industry also a pilar for economic diversification

EV production and sales outpacing legacy combustion engine brands

Chinese BYD In H1 alone sold almost 1.2 million plug-in electric

Bahrain’s new initiative to build cutting-edge factories

The smart factory development is expected to be completed in 2026

New industrial licenses surge 16.6 percent

One year after Abu Dhabi Industrial Strategy launch

Saudi Arabia issues 73 industrial licenses in June

The total investment value for licenses issued in June amounts to SR1.8 billion

ADNOC’s Borouge poised to become leading petrochemicals firm

ADNOC's Borouge in talks with Borealis for M&A deal

UAE climbs to 29th in UNIDO’s Competitive Industrial Performance Index

The ranking underlines the UAE’s position as a global player in the industrial sector

Chinese cars on the rise in UAE, despite drop in domestic sales

Yalla Motor reported 86 percent increase in Chinese car sales in UAE

Saudi grants 53 new industrial licenses in 7 activities

Topped by food processing with 9 licenses

Global alumina production up 4.32 percent in May ’23

Latest data was released by the International Aluminum Institute

Saudi Aramco and TotalEnergies award $11bn contract for ‘Amiral’

Complex will house the largest mixed-load steam cracker in the GCC

UAE’s ESAG launches three new stores in a single day at Reem Mall, Abu Dhabi

Better Life, Interiors, and Chattels & more all open new showrooms