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Investments in Saudi logistics sector touch $559m, says Modon official

RIYADH: Saudi Arabia’s logistics sector has seen unprecedented growth in recent years, with the volume of investment currently reaching SR2.1 billion ($559 million), revealed a top official. The investment was facilitated by as many as 208 logistical contracts and leased areas measuring to 3.2 million sq. m, under the Saudi Authority for Industrial Cities and Technology Zones,

Saudi Arabia aims to automate 4,000 factories to meet demand of 4IR: Vice Minister

RIYADH: Saudi Arabia is eyeing to automate 4,000 factories as the Kingdom makes itself capable to compete with global entities in the fourth industrial revolution, according to Osama Al-Zamil, vice minister of Industry and Mineral Resources. Speaking at the induction ceremony of the Factories of the Future program on Wednesday, Al-Zamil said that the factories in Saudi Arabia

Saudi Factories Pass Global SIRI Index for Transformation towards 4th Industrial Revolution

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