Saudi Arabia reports 428% surge in factory investment

Saudi Arabia reports 428% surge in factory investment

Saudi Arabia issued 307 new factory licenses during the first three months of this year representing a total investment of SR17.72 billion ($4.73 billion), government figures have revealed. The number compared to 240 licenses issued during the same period last year, an increase of 27.92 percent year-on-year, according to data from the Ministry of Industry …

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Saudi Arabia issued 307 new factory licenses during the first three months of this year representing a total investment of SR17.72 billion ($4.73 billion), government figures have revealed. The number compared to 240 licenses issued during the same period last year, an increase of 27.92 percent year-on-year, according to data from the Ministry of Industry …