RIYADH: Saudi Arabia is investing SR91 billion ($24.20 billion) to develop the domestic economy as the Kingdom steadily progresses to achieve its goals outlined in Vision 2030, according to Abdulrahman Al-Fadhli, minister of Environment, Water and Agriculture. While speaking at the Local Content Forum in Riyadh on Sept. 5, Al-Fadhli noted that local content must be sustainable
RIYADH: The mining sector is expected to contribute over SR88 billion ($23.41 billion) to the Kingdom’s gross domestic product and create more than 47,000 jobs by 2040, according to a top official. In an exclusive interview with Arab News on the sidelines of the Local Content Forum in Riyadh on Monday, Robert Wilt, CEO of Saudi Arabian Mining Co., known as Ma’aden, said that
RIYADH: International investors should be encouraged to become part of industrialization in Saudi Arabia as the Kingdom focuses more on localization and elevating local content, according to Sulaiman Al-Mazroua, CEO of the National Industrial Development and Logistics Program. In an exclusive interview with Arab News on the sidelines of the Local Content Forum in Riyadh on
The estimated value of government tenders amounted to SR300 billion ($79.81 billion), through which private sector firms and national factories were enabled to be the first choice for government spending, a senior minister has revealed.
RIYADH: Nesma & Partners Contracting Co., has signed a memorandum of understanding with the Local Content and Government Procurement Authority to support local content efforts within the Kingdom, confirmed a top official. In an exclusive interview with Arab News on the sidelines of the Local Content Forum in Riyadh on Sept. 5, Rami Alturki vice chairman of the firm said