• The Saudi Ministry of Culture celebrates the National Cultural Award

    Today, Friday, the Saudi Ministry of Culture celebrates the cultural achievements and productions of individuals, groups and institutions in various cultural sectors, at the closing ceremony of the second session of the "National Cultural Awards" initiative, which will be held in Jax neighborhood in Diriyah. According to the Saudi Press Agency "SPA", the ministry will honor, during the ceremony, the winners of the initiative's 14 cultural prizes in various fields

  • Saudi Arabia offers investment opportunities in the manufacture of vaccines and vital medicines, with more than 3 billion dollars

    The Kingdom of Saudi Arabia has offered a number of investment opportunities in the vaccines and vital medicines industry with a value of 3.4 billion dollars, in order to achieve the Kingdom’s directions aimed at achieving pharmaceutical and health security, and making Saudi Arabia an important center for this promising industry. The Saudi Press Agency quoted Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources, head of the Committee

  • The Ministry of Investment announces the start of building the advanced Lucid plant in Saudi Arabia

    The Ministry of Investment announced that Lucid Electric Vehicles Company has started building an advanced factory in the Kingdom, with a production capacity of 155,000 cars annually and with investments of more than 12.3 billion riyals. His Excellency the Minister of Investment, Eng. Khalid bin Abdulaziz Al-Falih, explained that the start of developing the electric car industry in the Kingdom reflects the Kingdom’s strong commitment to attracting quality investments that

  • 8 steps to stimulate smart investment in industrial machinery and equipment

    Today, Infor Company, and through Khaled Al-Shamy, Senior Director of Solutions Consulting in the company, reviewed a set of steps that help manufacturers of industrial machinery and equipment to stimulate investment in the industrial sector. Global trends, including rising energy prices and companies' need for sustainability, indicate expectations of an increase in demand for purchasing modern industrial machinery and equipment. In order to dispel the sense of uncertainty among customers

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