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Saudi Arabia seeks industrial growth through Italian partnerships and technology transfer
Saudi Industry Minister Bandar Ibrahim AlKhorayef emphasized the country's ambition to become a major industrial hub, focusing on pharmaceuticals, technology, and mining as part of Vision 2030. He highlighted Italy's unique industrial capabilities and the importance of attracting Italian investment through encouragement programs, technology transfer, and infrastructure support. The tourism sector is also thriving, with increased arrivals due to improved visa policies and domestic attractions, despite regional instability.
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