Saudi Arabia in June issues 83 new industrial licenses and opens 58...

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Saudi Arabia in June issues 83 new industrial licenses and opens 58 factories worth SR2.85 bn

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Saudi Arabia advanced its industrial agenda in June with a fresh wave of licenses and factory launches tied to Vision 2030. Backed by significant investment and job creation, the developments highlight ongoing economic diversification efforts. The latest data from the Ministry of Industry offers a closer look at how the Kingdom is steadily shifting away from oil dependence.

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