RIYADH: Saudi Arabia’s Ministry of Industry and Mineral Resources issued 46 new mining licenses in January 2023 – a 33 percent drop compared to the previous month. The ministry reported that the permits included 31 reconnaissance licenses, 14 building materials quarry licenses, and extra mineral ores license, according to the Saudi Press Agency. It also reported that there are
Ali Al-Omeir, executive vice president of business development of the Saudi Authority for Industrial Cities and Technology Zones, known as Modon, signed agreements worth SR10 million ($2.6 million) for the establishment of three new entrepreneurial projects, on the sidelines of Biban 2023. Modon participated in the Kingdom’s flagship SME forum between March 9-13, where it