Saudi Arabia Issues New Industrial Licenses for Aircraft Maintenance and Repair

The announcement was made during the first edition of the Aerospace Connect Forum in Jeddah. (SPA)
The announcement was made during the first edition of the Aerospace Connect Forum in Jeddah. (SPA)
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Saudi Arabia Issues New Industrial Licenses for Aircraft Maintenance and Repair

The announcement was made during the first edition of the Aerospace Connect Forum in Jeddah. (SPA)
The announcement was made during the first edition of the Aerospace Connect Forum in Jeddah. (SPA)

The Saudi Ministry of Industry and Mineral Resources announced the issuance of new industrial licenses for aircraft maintenance, repair, and overhaul (MRO) services in the Kingdom.

The announcement was made during the first edition of the Aerospace Connect Forum, held in Jeddah under the patronage of Minister of Industry and Mineral Resources Bandar Alkhorayef and organized by the National Industrial Development Center (NIDC).

The newly introduced industrial licenses, launched in collaboration with the General Authority of Civil Aviation and the General Authority for Military Industries, cover various activities, including aircraft and drone maintenance and repair, navigational and electronic systems servicing, and comprehensive aircraft overhaul operations, said the ministry.

The new licenses will allow investors to benefit from the advantages of industrial licensing, access government incentives and capabilities, and contribute to the development and localization of the Kingdom’s aviation industry—a key sector targeted in the National Industrial Strategy.



Report: US Energy Chief Wright Heads to Middle East for Nearly Two Weeks

US Secretary of Energy Chris Wright speaks to the media, outside of the West Wing of the White House, in Washington, DC, US, March 19, 2025. (Reuters)
US Secretary of Energy Chris Wright speaks to the media, outside of the West Wing of the White House, in Washington, DC, US, March 19, 2025. (Reuters)
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Report: US Energy Chief Wright Heads to Middle East for Nearly Two Weeks

US Secretary of Energy Chris Wright speaks to the media, outside of the West Wing of the White House, in Washington, DC, US, March 19, 2025. (Reuters)
US Secretary of Energy Chris Wright speaks to the media, outside of the West Wing of the White House, in Washington, DC, US, March 19, 2025. (Reuters)

US Energy Secretary Chris Wright on Wednesday will launch a nearly two-week tour of three Middle East countries, including Saudi Arabia, a source familiar with the matter told Reuters.

The trip, which will also include visits to Qatar and the United Arab Emirates, is expected to help lay the groundwork for President Donald Trump's own visit to those countries likely in mid-May.

It comes at a critical time, on the heels of Trump's surprise announcement on Monday that the US and Iran are having direct talks on Tehran's nuclear program and as global oil prices hit a near four-year low.

Oil prices have fallen on worries that Trump's latest tariffs could push economies around the world into recession at the same time OPEC+ oil producers speed up increases in production.