#Manufacturing
4 posts
What Makes Saudi Arabia the Leading Automotive Market in the GCC?
With imports exceeding one million annually, Saudi Arabia’s automotive industry has solidified its position among the top 20 vehicle import markets worldwide and as the largest in the Arab World. The enduring expansion of the Saudi automotive expansion is largely owed to the government’s commitment to advance automotive value chain production and boost local content amid a broader effort to revitalize manufacturing. As it forges ahead to realize this vision, the country aims to produce 300,000 cars annually by 2030 […]
How Saudi Arabia is Leading the EV Revolution Globally
In the not-so-distant future, electric vehicles (EVs) will be a common sight on Riyadh streets, exceeding the one-million mark by 2030, as Saudi Arabia’s EV sector is on track to increase production by 600,000 annually. In its stride towards being a manufacturing powerhouse, EVs play a crucial role in diversifying industrial expertise, alluring top talents to invest in its dynamic output, increasing exports, and steering the nation away from reliance on oil-generated revenues. Saudi Arabia’s deep commitment has positioned the […]
Acme: Accelerating Automation Uptake in Saudi Arabia
The industrial sector is the core of Saudi Arabia’s exponential economic growth. Saudi’s vision for sustained and inclusive economic growth involves the development of its industrial growth, increasing the volume of Saudi exports, and maximizing local output of services and products at a national level. As per its National Industrial Development and Logistics Program (NIDLP), a key pillar of Vision 2030, the industrial sector’s GDP contribution will reach SR900 billion ($230 billion) by 2030. The Kingdom’s industrial sector has already […]
Sadeer Contracting Unveils Expansion Plans into Saudi Arabia with AstroLabs to Strengthen the Kingdom’s Tourism Sector
Riyadh, Saudi Arabia – 28, March, 2024 – In a significant move aligned with the Kingdom’s Vision 2030, AstroLabs, the leading business expansion platform in the Gulf, has expanded Sadeer General Trading & Contracting Company to Saudi Arabia to steer development in the Kingdom’s Tourism and Manufacturing sectors. This strategic collaboration arrives at an opportune moment, with Saudi Arabia intensifying its manufacturing and tourism projects as a core part of its ambitious national vision. Established in 1973 and recognized as […]