Unusual weather system brings rain to Saudi Arabia, Bahrain
Several parts of Saudi Arabia witnessed heavy rains and hail showers this week, prompting warnings from meteorology and civil defense authorities
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Several parts of Saudi Arabia witnessed heavy rains and hail showers this week, prompting warnings from meteorology and civil defense authorities
Saudi Arabia’s Industrial Production Index edged up 1% in
Saudi Authority for Industrial Cities and Technology Zones (Modon)
The issuance of 118 new industrial licences in February 2024 reflects Saudi's ongoing efforts to boost industrial development and diversification
The Saudi Authority for Industrial Cities and Technology Zones (MODON) released its annual report for 2023, highlighting significant progress in attracting investments, developing industrial infrastructure, and promoting sustainable industrial growth, all in line with the aspirations of Saudi Vision 2030, reported the Saudi Press Agency on Monday. The report details a SAR14.45 billion increase in cumulative investments during 2023. New investments surged by 63%, with 891 local and foreign investments secured. Notably, foreign investments grew by 85% over 2022.