Saudi awards 92 industrial permits in April
The new licensed factories involve investment of around 3 billion Saudi riyals ($800 million) and provide over 1,400 jobs, the Industry and Mineral Resources Ministry said.
It said in a report that investments in the factories that were commissioned in April exceeded SAR900 million ($240 million).
The new licenses in April boosted the total number of factories in the world's dominant oil exporter to nearly 11,400, the report showed.
(Writing by Nadim Kawach; Editing by Anoop Menon)
(anoop.menon@lseg.com)
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