Industry
Saudi Arabia Embraces Industry 4.0 with SIRI Adoption
In a strategic move to modernize its industrial sector, Saudi Arabia's National Industrial Development and Logistics Program (NIDLP) has formed an alliance with the Singapore-based International Center for Industrial Transformation (INCIT) to promote the Smart Industry Readiness Index (SIRI), an Industry 4.0 blueprint developed in Singapore, throughout the Kingdom.The comprehensive SIRI framework provides a range of digital tools and guidelines...
APICO Launches New Plastic Factory in Al Kharj City
In the vicinity of Riyadh's commercial hub, Al Kharj City recently celebrated the opening of a state-of-the-art facility belonging to the Arabian Plastic Industrial Company—APICO. The event was graced by dignitaries from the company, the Balubaid Group, and a gathering of business elites and industrial frontrunners. Positioned in Al-Kharj Industrial City, the factory stretches over a vast 34,000 square meters,...
Saudi Arabia to Unveil Human Capability Strategy for Industry Sectors
The Saudi Arabian Ministry of Industry is on the verge of revealing a comprehensive plan designed to enhance human potential within the industrial and mining sectors. Eng. Faris Alsaqabi, the Deputy Minister for Human Capacity Development, shared insights on the imminent launch of this strategic initiative.Strategic Development of Human PotentialWith a completed strategy in hand, the Ministry is poised to...
Advancing Human Capital in Saudi’s Industrial Sphere
Saudi Arabia is on the verge of rolling out its comprehensive plan for enhancing human skills within the industrial and mining domains, as stated by Eng. Faris Alsaqabi, the Deputy Minister of Industry and Mineral Resources for Human Capacity Development. The upcoming announcement will reveal the national strategy and accompanying programs aimed at nurturing talent and meeting the sector's objectives....
Saudi Arabia’s Blueprint for Skilled Workforce in Industry and Mining
The Kingdom of Saudi Arabia is on the verge of unveiling a comprehensive strategy aimed at enhancing the skills and capabilities of workers within the industrial and mining domains. This initiative, outlined by the Deputy Minister of Industry and Mineral Resources for Human Capacity Development, Eng. Faris Alsaqabi, is rooted in the development of national programs designed to bolster the...
Saudi Arabia’s Tech-Forward Vision 2030: A Leap into Industry 4.0
Saudi Arabia is charting a course toward economic transformation and societal improvement by aligning with the principles of the Fourth Industrial Revolution, as it commenced with the launch of its Vision 2030 plan on April 25, 2016. This blueprint, featuring the National Industrial Development and Logistics Program (NIDLP), is designed to drive domestic high-growth sectors and attract foreign capital, while...
Saudi Arabia’s Leap into the Future with Industry 4.0
Saudi Arabia has set its sights on a revolutionary transformation, embracing the advanced technological era known as the Fourth Industrial Revolution. With the unveiling of its Vision 2030 on April 25, 2016, the nation is focused on diversifying its economy and propelling societal progress through strategic initiatives such as the National Industrial Development and Logistics Program (NIDLP).This ambitious program is...
Fintech Expansion in Saudi Arabia: Fortis’s Strategic Growth
The financial technology sector in Saudi Arabia is experiencing a surge, with the Kingdom becoming a hotspot for fintech development. Fortis, a fintech firm based in the UAE, is introducing its integrated solution that includes point of sale, customer relationship management, payments, and order management to aid small and medium-sized enterprises (SMEs) within the country.During a conversation with Arab News,...
Saudi Arabia and the Netherlands Forge Stronger Industrial Bonds
In an effort to drive its economic diversification, Saudi Arabia is intensifying its industrial and mining sector relations with the Netherlands, following a series of high-level visits and meetings. The Kingdom's industry minister made a significant trip to the Netherlands, engaging with top manufacturing companies.During a visit to the Philips Medical Devices factory in Eindhoven, the minister held discussions with...
Strengthening Arab Industrial Ties: Saudi Minister’s Strategic Talks
During a series of strategic encounters in Morocco, Saudi Arabia's Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, engaged in talks with officials from Iraq, Sudan, Libya, and Palestine. The purpose of these discussions was to bolster industrial integration between Arab countries and to emphasize the rich opportunities found within Saudi Arabia's mining industry.In individual meetings with Iraqi...
