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Asharq Al-Awsat
Asharq Al-Awsat
Business
Yanbu (eastern Saudi Arabia) - Asharq Al-Awsat

Saudi Industrial Activity Witnesses Remarkable Rise

Ministry of Industry and Mineral Resources Kingdom Covid-19 Mining Pandemic
The signing ceremony of an agreement to establish factories in the city of Yanbu, eastern Saudi Arabia. (Asharq Al-Awsat)

Official data issued by the Saudi authorities revealed a rise in industrial investment in the Kingdom, confirming the successful endeavor to overcome the repercussions of the Covid-19 pandemic.

The Ministry of Industry and Mineral Resources announced that 261 industrial facilities started their operations within the Kingdom in March, with an investment volume of more than 5.8 billion riyals ($1.5 billion).

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