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FINANCIAL HIGHLIGHTS. Metals revenues amounted to SAR 12.8 billion in 2021, an increase of SAR 3.3 billion or 35% compared to 2020, primarily driven by an increase in average sales prices by 40%, which was …
Industrial production in Saudi Arabia increased by 20.8 percent year-on-year in June, with the mining and manufacturing sectors the main catalysts for growth. The Saudi General Authority for Statistics …
US firm TMP Holdings is staking a portion of its investment strategy on the growing potential for metal-intensive infrastructural and decarbonization initiatives in Saudi Arabia, having entered into a …
By 2030 the NIS aims to double industrial exports to SR557bn ($149bn), and attract an additional SR1.3trn ($347bn) in foreign and domestic investment. In addition, the …
Find out how Saudi Arabia, through its spearheading of a mining and minerals production and consumption push in the Middle East, a region usually associated with oil and gas, is leading neighboring …
While Saudi Arabia's rapidly growing mining industry is able to supply companies making metal car parts, another recently built mega-project is producing the raw materials …
Saudi Arabia helps economic operators acquire capital goods, raw materials and machinery to increase productivity. The government has initiatives to facilitate the acquisition of necessary equipment, production inputs and financing for all types of …
RIYADH: The Saudi Arabian mining sector achieved record revenues in 2021 amounting to SR727 million ($194 million) and succeeded in attracting more than …
The question for some, however, is whether Saudi Arabia is moving too fast. "The key will be to establish the right priorities and sequence for project …
Aramco targets value creation opportunities in sustainability, technology, industrial and energy services, and advanced materials. Program aims to drive …