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Global Trade Alert

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Saudi Arabia: Introduction of SAR 685 million scheme for mining firms

Description

On 19 March 2024, the Ministry of Industry and Mineral Resources of Saudi Arabia announced an allocation of SAR 685 million (approx. USD 182 million) to support mining firms in the Kingdom through inc...

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Intervention Details

Intervention Type

State aid, unspecified

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Mar 2024

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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