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Saudi approves $1.9bln industrial projects in Nov


Saudi Arabia issued permits for new non-oil industrial projects worth around 7.17 billion Saudi riyals ($1.9 billion) in November, according to official data.  The 82 permits for new projects brought the total number of industrial investments in the world’s largest oil exporter to 10,742 projects capitalised at SAR 1.419 trillion ($378 billion), the figures by the Industry and Mineral Resources Ministry showed. 

The industries included mainly chemicals, paper, building materials, machinery, foodstuffs, metals, ready-made clothes and other products. 

Read the full story at Zawya