Saudi Ministry of Industry issues 268 new licenses, 149 factories begin production in May 2026
Saudi Arabia's Ministry of Industry issued 268 new industrial licenses and saw 149 factories begin production in May 2026, with investments exceeding SAR 2 billion.
Key Takeaways
AIThe Ministry of Industry and Mineral Resources issued 268 new industrial licenses in May 2026, while 149 factories began production during the same month, according to a report by the National Center for Industrial and Mining Information, which is affiliated with the ministry.
Ministry spokesperson Jarrah bin Mohammed Al-Jarrah stated that investments linked to the new licenses reached approximately SAR 2.23 billion, and these projects are expected to create more than 2,484 job opportunities across various regions of the Kingdom.
Al-Jarrah added that the value of investments in factories that began production in May amounted to SAR 1.43 billion, providing 2,410 new jobs. This reflects the ongoing expansion of the industrial base and the increasing pace of factories commencing actual operations.
Monthly industrial indicators enhance transparency
The ministry issues key monthly industrial indicators through the National Center for Industrial and Mining Information, reflecting the pace of industrial activity in the Kingdom. These include the volume of new investments, the number of licenses, and factories starting production, as part of efforts to enhance transparency and keep pace with the Kingdom's industrial growth.