Saudi Arabia's Ministry of Industry and Mineral Resources issued 438 new industrial licenses in July 2026, representing investments of approximately SAR 4.82 billion ($1.28 billion), while 189 factories began actual production during the same month, with investments totaling SAR 1.95 billion ($520 million), according to data from the ministry's National Industrial and Mining Information Center. Ministry spokesperson Jarrah Al-Jarrah said the new industrial licenses are expected to create more than 3,708 jobs across various regions of the Kingdom. He added that the factories that began production in July created 2,807 new jobs, reflecting the continued expansion of Saudi Arabia's industrial base and the growing number of factories entering operation. The Ministry of Industry and Mineral Resources publishes monthly industrial activity indicators through the National Industrial and Mining Information Center to track new licenses, investment volumes and factories beginning production, as well as developments in the Kingdom's industrial sector.
