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Industry exempts 11,000+ items from tariffs in 2026
The Saudi Ministry of Industry and Mineral Resources announced that it processed 1,050 exemption requests in May 2026, covering 4,164 items for raw materials, as well as 6,860 items for machinery, equipment, and spare parts. The goal is to support and reduce local production costs and encourage the Saudi industrial sector. These exemptions are part of a digital incentives package designed to streamline the process through the "Sanai" platform, aiming to enhance industrial growth and develop local sectors.
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