RIYADH: Saudi Bell Group Co., a leading Saudi IT service provider in the Kingdom, is bolstering the localizing strategy of the defense sector by hiring 350 more Saudi experts to their team.
The company already has 150 Saudi experts serving its clients. “We are looking to increase this number in the coming few years to maybe 500,” said Tamer Ibrahim, general manager of Saudi Bell, in an interview on the sidelines of the World Defense Show.
The group is conducting training programs with the help of global expertise to help Saudi Bell achieve its localization target.
“Saudi Bell will begin to transfer the knowledge by using the expertise all around the world for training our Saudi engineers and creating out of this Saudi expertise,” he said.
Saudi Bell provides IT solutions, physical security and telecommunication services to public and private entities.
“One of our best projects that we implemented in Riyadh, and now we are implementing in Dammam with the Ministry of Interior is the 911 call center,” he said.
The company is also working with the Zakat, Tax and Customs Authority in physical security systems, “protecting the borders from the threats,” he added.
The company is eyeing an IPO within the next two years, for which they have already started preparations.
Saudi Bell to hire 350 more local experts in line with its localization strategy
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Saudi Bell to hire 350 more local experts in line with its localization strategy
Saudi Arabia sees 21% jump in mining sector licenses since 2016
- The growth in the Kingdom’s mining sector licenses aligns closely with Saudi Arabia’s Vision 2030 objectives, launched in 2016
RIYADH: Saudi Arabia’s mining sector has shown sustained growth, with the number of mining licenses increasing from 1,985 in 2016 to 2,401 by the end of 2024, representing cumulative growth of 21 percent, according to the 2024 mineral wealth statistics from the General Authority for Statistics.
The data highlights a steady upward trend in recent years. Licenses rose to 2,100 in 2021, marking a 6 percent increase from the previous year.
The upward trajectory continued with 2,272 licenses in 2022, 2,365 in 2023, and 2,401 in 2024, reflecting expanding exploration and investment activity across the Kingdom’s mining sector. Building material quarries accounted for the largest share of mining permits, climbing from 1,267 licenses in 2021 to 1,481 by 2024.
Exploration licenses also recorded consistent growth, supporting the Kingdom’s broader push to develop its mineral resources.
Other categories of mining activity saw significant expansion, including 2,554 exploration licenses, 744 exploitation licenses, 151 reconnaissance licenses, and 83 surplus mineral ore licenses issued during the same period.
The growth in the Kingdom’s mining sector licenses aligns closely with Saudi Arabia’s Vision 2030 objectives, launched in 2016, which aim to diversify national income sources and strengthen non-oil sectors.
