Riyadh - Sharikat Mubasher: Saudi Arabia’s Ministry of Industry and Mineral Resources issued 179 new industrial licenses in July, with investments worth SAR 6.6 billion, creating over 5,560 jobs.

According to a recent report by the ministry's National Industrial and Mining Information Center, 133 factories started production in the same month, with estimated investments of SAR 2.3 billion, offering over 4,650 jobs.

Thereby, the number of existing factories in the Kingdom reached 12,519 in July, showing a modest increase compared to 12,479 factories in June and 11,518 factories in July 2024.

These figures reflect the transformative expansion that the Saudi industrial sector is witnessing, backed by government support, infrastructure development, and investment incentives aimed at economic diversification and global competitiveness.