Saudi Arabia & Uruguay discuss ways to support bilateral cooperation
Saudi Arabia’s Minister of Investment Eng. Khalid Al-Falih met a number of ministers in Uruguay during his visit to the country. This visit comes within Eng. Al-Falih’s visit to Latin […]
Saudi Arabia grants industrial licence to local EV brand Ceer
Saudi Arabia’s Ministry of Industry and Mineral Resources has granted an industrial license to Ceer, the first local electric vehicle (EV) brand. The EV manufacturing facility will cover an area […]
Saudi announces 50 investment opportunities worth over $26.6bln in machinery, equipment sector
Saudi Minister of Industry and Mineral Resources Bandar bin Ibrahim AlKhorayef, who is also Chairman of National Industrial Development Center (NIDC), announced that the industry and mining sector is […]
Saudi material cost trends: Iron falls nearly 10%, cement rises 1% in Q1 2023
The average price of iron in Saudi Arabia declined by 9.65 percent to 3,196.88 Saudi riyals per tonne in the first quarter of 2023 from SAR 3,538.50 per tonne in […]
Aramco JV to start work of $10bln petchem complex in China in Q2 2023
Saudi Aramco and joint venture partners NORINCO Group and Panjin Xincheng Industrial Group plan to start construction of an integrated refinery and petrochemical complex in northeast China. Huajin Aramco Petrochemical […]
Saudi’s Ma’aden signs blue ammonia supply deal with Taiwan Fertiliser Company
Saudi Arabian Mining Company (Ma’aden) announced the signing of an agreement to supply blue ammonia to Taiwan Fertiliser Company (TFC), the first ever commercial shipment to Taiwan. The announcement, dated […]
Saudi Arabia’s cement exports surge 67% in January 2023 – Aljazira Capital
Cement exports from Saudi Arabia surged 67.4 percent year-on-year to 638,000 tons in January 2023, Aljazira Capital said in its new report. In contrast, local sales for January 2023 stood […]
Saudi may privatise 300 public units
Oil giant Saudi Arabia is considering privatising nearly 300 public institutions within plans to expand the private sector’s role in the domestic economy, the Kingdom’s Finance Minister has said. Mohammed […]
The Ministry of Industry and Mineral Resources closes the second edition of the Future Minerals Forum
The Ministry of Industry and Mineral Resources (MIM) has announced the closing of the second Future Minerals Forum (FMF), which was held under the patronage of the Custodian of […]
Industry’s first “Rising for industry sustainability & efficiencies” conference held in Riyadh, KSA
In strategic collaboration with stc Group, Mobily, China Mobile International, the Communication, Space & Technology Commission (CSTC) of Saudi Arabia, and the 193 Member States and private-sector driven UN […]