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الاقتصادية
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الاقتصادية

2026-09-03T12:52:27.215Z

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Saudi Arabia Opens AI Academy for 1.4 Million

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20 Hrs2026-09-03T16:42:49.478Z
Saudi Arabia Opens AI Academy for 1.4 Million

BP confronts oil unions over refinery closure

الاقتصاديةالاقتصاديةالاقتصادية
21 Hrs2026-09-03T15:23:00.000Z
BP confronts oil unions over refinery closure

Sisi and Crown Prince reinforce Egypt-Saudi ties

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Sisi and Crown Prince reinforce Egypt-Saudi ties

British pound rebounds from three-week low

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23 Hrs2026-09-03T13:45:00.000Z
British pound rebounds from three-week low

Global food crisis threat from Black Sea

اقتصاداقتصاداقتصاد
23 Hrs2026-09-03T13:34:42.000Z
Global food crisis threat from Black Sea
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Saudi Water President on Localized Manufacturing Savings

Saudi Water President on Localized Manufacturing Savings

A program to localize the water industry has been implemented in Saudi Arabia, aiming to achieve cost savings of up to 20% compared to importing products, as well as reducing delivery times by 50-70% and decreasing reliance on external supply chains. The program includes localizing 18 key components, which constitute about 90% of the water sector, with investments of 2.8 billion Riyals to establish seven new factories starting next year to meet the forecasted local demand exceeding 15 billion Riyals by 2033. Currently, many components are being produced domestically, with the local content increasing to over 68%. Localization contributes to strengthening manufacturing capabilities, technology transfer, and supply chain development, thereby promoting Saudi Arabia’s transition into a regional hub for water technologies.

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