/PRNewswire/ The Ministry of Industry and Mineral Resources announced the issuance of 124 new industrial licenses during the month of January 2023. The.
Saudi Arabia issued more than 2,000 mining licences last year, of which the lion s share went to the building materials and quarry sector, followed by exploration and exploitation, said a report. Region wise, Riyadh got the largest number of licences.
The number of valid mining licenses in the sector reached 2,272 by the end of December 2022, the report says. Building material and quarry licenses took the lion share, at 1,383, followed by exploration licenses (635), exploitation licenses (178), reconnaissance licenses (43) and surplus mineral ore licenses (33).
RIYADH: Industrial projects worth SR7.2 billion ($1.9 billion) were approved by Saudi Arabia in November as the Kingdom signed off on 82 new licenses – a month-on-month rise of 5.1 percent, according to the National Industrial and Mining Information Center. The number of permits issued in November 2022 is 14 more than were awarded in the same month a year earlier. Small