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40 Government Agencies Strive for Quality Industries in Saudi Arabia

A meeting between the NDLP officials and the Industrial Committee in the Riyadh Chamber to review the program services and the upcoming work plan. (Asharq Al-Awsat)
A meeting between the NDLP officials and the Industrial Committee in the Riyadh Chamber to review the program services and the upcoming work plan. (Asharq Al-Awsat)
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40 Government Agencies Strive for Quality Industries in Saudi Arabia

A meeting between the NDLP officials and the Industrial Committee in the Riyadh Chamber to review the program services and the upcoming work plan. (Asharq Al-Awsat)
A meeting between the NDLP officials and the Industrial Committee in the Riyadh Chamber to review the program services and the upcoming work plan. (Asharq Al-Awsat)

The National Industrial Development and Logistics Services Program (NDLP) is seeking to work with 40 Saudi government agencies to achieve qualitative industries represented in partial and total manufacturing and the development of the supply chain in machinery, medical equipment, cars, military industries and renewable energy.
The NDLP aims to transform the Kingdom into a leading industrial power and a global logistics platform by maximizing the value generated from the mining and energy sectors and focusing on the local content and the Fourth Industrial Revolution, to contribute to expanding and diversifying the economic impact of the targeted sectors.

Eng. Suleiman Al-Mazrouh, CEO of the NDLP, stressed his confidence in achieving the program’s objectives in light of the great integration between promising growth sectors and executive bodies, in addition to the availability of national competencies.

During a recent meeting of the Industrial Committee of the Chamber of Commerce and Industry in Riyadh, Al-Mazrouh said that achieving the objectives of the program would contribute to transforming the Kingdom into a leading industrial power and a global logistics platform.

For his part, Abdullah Al-Khorayef, member of the Board of Directors and Chairman of the Industrial Committee, explained that the program seeks to create an advanced and capable industrial society that achieves many of the aspirations of the business sector and opens the door for the development of industrial human capital.

The meeting featured a presentation of the most important goals of the NDLP and its upcoming strategy, and saw extensive discussions between committee members and program officials over the work plan and aspects of cooperation with industrialists.

It also reviewed the Daleel platform, which is a comprehensive window for presenting important information to the beneficiaries.

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Three Saudi-Yemeni Companies Established in Energy, Telecom to Support Yemen's Reconstruction

The Saudi-Yemeni Business Council holds meeting in Makkah, announces strategic initiatives (Asharq Al-Awsat)
The Saudi-Yemeni Business Council holds meeting in Makkah, announces strategic initiatives (Asharq Al-Awsat)
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Three Saudi-Yemeni Companies Established in Energy, Telecom to Support Yemen's Reconstruction

The Saudi-Yemeni Business Council holds meeting in Makkah, announces strategic initiatives (Asharq Al-Awsat)
The Saudi-Yemeni Business Council holds meeting in Makkah, announces strategic initiatives (Asharq Al-Awsat)

The Saudi-Yemeni Business Council, part of the Federation of Saudi Chambers, announced six initiatives to boost trade and support Yemen’s economic development at a meeting in Makkah, Saudi Arabia.
Over 300 Saudi and Yemeni investors attended, agreeing to establish three companies to help rebuild Yemen and improve its infrastructure.
The initiatives include upgrading border crossings to improve logistics and increase trade, currently valued at 6.3 billion riyals ($1.6 billion). Yemen’s exports to Saudi Arabia, worth only 655 million riyals ($174.6 million), highlight untapped potential in mining, agriculture, livestock, and fisheries.
Key recommendations to enhance trade and support Yemen’s economic recovery include setting up quarantine facilities for Yemeni livestock and agricultural products to increase exports, as well as building smart food cities near border areas to improve food security and sustainable cooperation.
The Council urged action to address banking challenges faced by traders, suggesting reforms in Yemen’s financial sector and stronger ties with Saudi banks. It also proposed creating a club for Yemeni investors in Saudi Arabia to encourage joint projects and partnerships.
Three new Saudi-Yemeni companies will be established. One will invest $100 million in solar energy to provide sustainable electricity in Yemen. Another will focus on boosting telecommunications via Starlink satellite services. The third will organize events to promote Saudi products and support Yemen’s reconstruction.
Speaking to Asharq Al-Awsat, Council President Dr. Abdullah bin Mahfouz emphasized the private sector’s critical role in stabilizing Yemen’s economy and society through investments that support development, create jobs, improve infrastructure, and promote small and medium-sized enterprises (SMEs).
He stressed the importance of empowering Yemeni entrepreneurs and securing funding for reconstruction projects, encouraging public-private partnerships to execute large-scale initiatives under the Build-Operate-Transfer (BOT) model.
The Makkah meeting ended with agreements between Saudi and Yemeni companies to develop key sectors such as energy, agriculture, and infrastructure.
Streamlined customs, improved logistics, and upgraded Yemeni ports and airports were also highlighted as priorities to facilitate trade.
Yemeni delegation leader Abdulmajid al-Saadi, praised Saudi Arabia’s new investment law, noting Yemeni investments in the Kingdom have reached 18 billion riyals ($4.8 billion), ranking third among foreign investors.