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Source:
الوطن
New 1 billion riyals funding boosts industry growth
The Saudi industrial sector experienced growth in financing during 2025, with the total financing provided to the sector through five financial technology companies exceeding one billion riyals. This was aimed at stimulating investment and assisting in the expansion of existing factories, which were valued at around 700 million riyals. Additionally, the Ministry launched a program to enhance investment in current factories through acquisitions and the development of business models, involving more than 150 companies and investors. The ministry also signed 24 trade and non-disclosure agreements. Requests for customs duty exemptions on materials and equipment increased significantly, reaching 16,729 requests, while energy savings amounted to 40% thanks to energy auditing projects implemented for over 50 facilities. These efforts focused on supporting production expansion and reducing operational costs, thereby strengthening the capacity of industrial establishments to grow and improve their operational efficiency.
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