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GCC project contracts value surges 55pc to $30bn in Q1

The total value of GCC contracts awarded during the first three months of the year increased by 55% to hit $29.9 billion when compared to $19.3 billion last year. This was the second highest quarterly project award since the start of 2022, said a report.
Saudi Arabia Saudi Aramco Tradearabia News Service National Industrial Development Logistics Program Kamco Invest National Industrial Development

Australian trade commission highlights major prospects for companies in Saudi mining industry

RIYADH: Saudi Arabiaโ€™s mining sector is offering major prospects for Australian equipment, technology, and services companies, according to a report released by the countryโ€™s Trade and Investment Commission. Australian METS firms are now participating in a wide array of Saudi-based projects, including developing the NEOM smart city in Tabuk Province, battery metals for
Ar Riya Saudi Arabia Saudi Ministry Of Industry National Industrial Development Logistics Program Investment Commission

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Saudi Industry Ministry issues 18 mining licenses in February

RIYADH: Mining licences in Saudi Arabia continue to be handed out as the sector pushes ahead with growth, with 18 new permits issued in February. According to the Saudi Ministry of Industry and Mineral Resources, this number is down from the 46 handed out in January, but still shows growth in a section of the economy the Kingdom is keen to develop. The ministry issued nine
Ar Riya Saudi Arabia Al Qasim Saudi Arabia General Al Jawf Eastern Province

Investments in Saudi logistics sector touch $559m, says Modon official

RIYADH: Saudi Arabiaโ€™s logistics sector has seen unprecedented growth in recent years, with the volume of investment currently reaching SR2.1 billion ($559 million), revealed a top official. The investment was facilitated by as many as 208 logistical contracts and leased areas measuring to 3.2 million sq. m, under the Saudi Authority for Industrial Cities and Technology Zones,
Ar Riya Saudi Arabia Abdul Rahman Al Askar Ali Al Omeir Majed Al Argoubi Supreme Committee For

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