Saudi Arabia grants 268 new industrial licenses in May

The Saudi Ministry of Industry and Mineral Resources issued 268 new industrial licenses in May, and production began in 149 factories, with total investments of 2.23 billion Riyals, contributing to the creation of more than 2,484 employment opportunities. The report indicated that the value of investments in the factories that started production amounted to 1.43 billion Riyals, with 2,410 new jobs available. This reflects the expansion of the industrial sector in the Kingdom and an increase in employment activity.

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