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Saudi Arabia invests 1.95B riyals in 189 factories
The Ministry of Industry and Mineral Resources in Saudi Arabia issued 438 new industrial licenses in July 2026, and actual production began in 189 factories during the same month. The report revealed that the value of investments associated with these licenses amounted to approximately 4.82 billion riyals, reflecting growth in the industrial sector and an expansion of investments in the Kingdom.
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