Industry

Riyadh International Industry Week 2025 Set to Make Regional Impact Riyadh is set to host the Riyadh International Industry Week 2025, under the patronage of the Ministry of Industry and Mineral Resources. The event will take place from May 12 to 15 at the Riyadh International Convention and Exhibition Center. According to the event organizer, over 524 exhibitors from 20...

Saudi Arabia's Drive to Attract International Talent Saudi Arabia is rapidly emerging as a magnet for international talent, focusing on sectors such as technology, finance, and manufacturing. Central to this strategy is the Premium Residency program, often called the Saudi Green Card, which aims to attract skilled professionals, entrepreneurs, and investors by granting long-term residency and benefits similar to those...

The Saudi Arabia facade market is witnessing notable expansion, with its value reaching USD 2.6 billion in 2024, according to the IMARC Group. Projections indicate the market could grow to USD 4.9 billion by 2033, maintaining a compound annual growth rate of 6.40% between 2025 and 2033. This growth is fueled by rapid urban development, major infrastructure initiatives under Vision...

The Saudi Food Show, the Kingdom’s premier food and beverage sourcing platform, is set to return for its third edition from 12 to 14 May 2025 at the Riyadh Front Exhibition and Conference Centre. The event is held under the esteemed patronage of His Excellency Bandar bin Ibrahim AlKhorayef, Minister of Industry and Mineral Resources, with the distinguished participation of...

Senior officials from Saudi Arabia and Peru met in Riyadh to strengthen ties and explore new opportunities in industry and mining. His Highness Prince Faisal bin Farhan, Saudi Minister of Foreign Affairs, and His Excellency Bandar Alkhorayef, Minister of Industry and Mineral Resources, welcomed Peruvian Minister of Foreign Affairs Elmer Schialer and Minister of Energy and Mines Jorge Montero Cornejo....

Saudi Arabia’s automotive industry is rapidly evolving, with a strong focus on skills development to achieve the Kingdom’s Vision 2030 for a globally competitive mobility sector. The Automechanika Academy, part of Automechanika Riyadh 2025, emphasized the importance of training the next generation in electric vehicles, smart mobility, and artificial intelligence, especially as over 63% of the population is under 30,...

Saudi Arabia's forklift trucks market is experiencing steady growth, with the market valued at $632 million in 2024 and projected to reach $912.1 million by 2033, according to IMARC Group. This expansion, estimated at a compound annual growth rate of 4.16% from 2025 to 2033, is fueled by rising industrial activity, infrastructure projects, and the expansion of logistics and warehouse...

Automechanika Riyadh, the premier trade event for Saudi Arabia’s automotive aftermarket sector, opened its doors at the Riyadh International Convention and Exhibition Centre. The official inauguration was led by Mr. Ajlan Saad Al-Ajlan, Vice Chairman of the Board of Directors at the Riyadh Chamber. This year’s edition features a notable 32% increase in exhibitors compared to last year, according to...

Saudi Arabia and Egypt are deepening their industrial and economic collaboration, focusing on trade facilitation, industrial integration, and government support. At the Saudi-Egyptian Industrial Forum in Riyadh, His Excellency Bandar Alkhorayef, Minister of Industry and Mineral Resources, highlighted that the Saudi Export-Import Bank has completed SR1.3 billion ($346.5 million) in operations, according to official statements, underscoring strong bilateral ties. His...

Saudi Arabia’s big data and artificial intelligence (AI) sector is set for rapid growth, with the market valued at $4.1 million in 2024 and projected to reach $38.7 million by 2033, according to IMARC Group. This expansion reflects an anticipated compound annual growth rate of 26.2% from 2025 to 2033. Key drivers include widespread adoption of AI-powered analytics across finance,...