Global Trade Alert
Global Trade Alert

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

Announcement

19 Mar 2024

In March 2024, the Ministry of Industry and Mineral Resources announced incentives worth SAR 685 million to support mining firms.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Mar 2024

Revocation date:

No revocation date

Updated: 19 Mar 2024
State aid, unspecified In force

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 ...

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