Siniora Food Industries inaugurates new factory in Jeddah with an Investment around SR150 Million ...Saudi Arabia

ٍٍٍSaudi Gazette - Economy
Siniora Food Industries inaugurates new factory in Jeddah with an Investment around SR150 Million
source : ٍٍٍSaudi Gazette ( Saudi Arabia ) () 173
Under the patronage and in the presence of Bandar bin Ibrahim Al-Khorayef, Minister of Industry and Mineral Resources, Eng. Majed bin Rafed Al-Argoubi, Chief Executive Officer of the Saudi Authority for Industrial Cities and Technology Zones (MODON) and in the presence of Eng. Khaled bin Ahmed Al-Shahri, Vice President for the Food Sector at the Industrial Center of the Ministry of Industry and Mineral Resources, as well as Mohammed bin Abdulrazzaq Al-Owhali, Director General of the Agriculture and Food Production Sector, Siniora Food Industries and, officially inaugurated its new manufacturing plant in the city of Jeddah over a two-day period.The inauguration of the new plant forms part of Siniora’s expansion strategy in the Saudi market and aligns with the objectives of Saudi Vision 2030, which aims to enhance local content, support national industries, achieve food security, and localize high-quality investments within the food manufacturing sector Al-Aqqad: A Strategic Investment and Strong Confidence in the Saudi EconomyTarek Omar Al-Aqqad, Chairman of Siniora Food Industries stated that the inauguration of the new factory in Jeddah represents a strategic milestone in Siniora’s journeyHe noted that the project reflects strong confidence in the Saudi economy and in the Kingdom’s attractive investment environment, integrated industrial ecosystem, and effective government support, which makes industrial investments a sustainable long-term choice. He emphasized that the new factory underscores Siniora’s commitment to building sustainable partnerships and responsible investments that supports the national economy and strengthens Saudi Arabia’s position as a regional industrial hub CEO: Annual Production Capacity of 10,000 Tons andaround 300 Job Opportunities Eng. Majdi Al-Sharif, Chief Executive Officer of Siniora Food Industries, explained that the new factory represents a significant operational achievement and a pivotal phase in the company’s growth within the Kingdom, noting that the project was implemented in accordance with the highest global standards in the food manufacturing industryEng. Al-Sharif explained that the first phase of the plant was established on a built-up area of 11,500 square meters, with an annual production capacity of up to 10,000 tons of frozen and chilled products, utilizing the latest technologiesHe added that the investment value for the first phase reached SR150 million, with the support of the Saudi Industrial Development Fund (SIDF) covering 50% of the investment value, which contributed to accelerating the project’s implementation. He also confirmed that the plant will create more than 300 job opportunities with a strong focus on recruiting and training national talent and increasing Saudization rates across the workforceCEO Al-Sharif praised the strong cooperation extended to the project by the Ministry of Industry and Mineral Resources, the Saudi Authority for Industrial Cities and Technology Zones (MODON), the Saudi Food and Drug Authority, and the Investment Promotion Authority. He emphasized that the speed of procedures and the integration among government entities played a pivotal role in completing the project in accordance with the planned timelineThe new Siniora factory represents a valuable addition to the Kingdom’s food manufacturing sector, contributing to strengthening local supply chains, improving production efficiency, and supporting food security. It also plays a key role in transferring industrial expertise and knowledge and localizing modern technologies in this vital sector

Hence then, the article about siniora food industries inaugurates new factory in jeddah with an investment around sr150 million was published today ( ) and is available on ٍٍٍSaudi Gazette ( Saudi Arabia ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Siniora Food Industries inaugurates new factory in Jeddah with an Investment around SR150 Million )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
EventsAir Launches Planner Assistant, Built-In Intelligence That Turns Event Data Into Instant Insight and Action
PR Newswire - before 10 hours & 34 minute
Russia Pushes Ahead With Uzbekistan Nuclear Plans Despite Money Troubles
OILPRICE - before 6 hours & 34 minute
SAINT JOSEPH'S UNIVERSITY ANNOUNCES THE INITIATIVE FOR HUMAN FORMATION IN AN AGE OF AI
PR Newswire - before 6 hours & 59 minute
Jack Henry & Associates, Inc. Reports Fourth Quarter and Full Year Fiscal 2026 Results
PR Newswire - before 3 hours & 29 minute
Distillate Stocks Sink Further as U.S. Crude Inventories Barely Budge
OILPRICE - before 3 hours & 37 minute
Milky Mist shares gain 30%; India Exposition Mart files DRHP with Sebi
Business Standard - before 7 hours
Employment opportunities
Business Standard - before 8 hours & 23 minute
U.S. Diesel Reserves Sit Near 23-Year Lows
OILPRICE - before 7 hours & 25 minute
Only 7% of Global Green Hydrogen Capacity Was Finished on Schedule
OILPRICE - before 4 hours & 30 minute
Tata Sons board meeting to take view on Chandra's exit letter soon
Business Standard - before 6 hours & 44 minute
AI Could Make Big Oil Even Bigger
OILPRICE - before 3 hours & 19 minute
Meta 'more cautious' on child abuse matters after strong govt message
Business Standard - before 7 hours & 17 minute


Latest News

SICC Grants Freezing of Crypto Assets Worth S$75 Million in Transfers Dispute

before 21 minute

5 Energy Stocks Cashing In On The New Energy Crunch

before 33 minute

IGEL продвигает непрерывность бизнеса с использованием аварийного режима

before 40 minute

Cash expected to make up just 4% of payments by 2035 as digital innovation grows

before hour & 7 minute

The U.S. Is Quietly Building a New Energy Foothold in Iraq

before hour & 37 minute

EECU Names Josh Brian Executive Vice President, Chief Growth & Marketing Officer

before 2 hours & minute

Mobolutions Named No. 1944 on the 2026 Inc. 5000 List, the Most Prestigious Ranking of America's Fastest-Growing Private Companies

before 2 hours & 16 minute

AI Could Make Big Oil Even Bigger

before 3 hours & 19 minute

Jack Henry & Associates, Inc. Reports Fourth Quarter and Full Year Fiscal 2026 Results

before 3 hours & 29 minute

Distillate Stocks Sink Further as U.S. Crude Inventories Barely Budge

before 3 hours & 37 minute

Young Americans really hate AI. These two charts show how much.

before 4 hours & 3 minute

Dover to Acquire Leistung, Expand Manufacturing Footprint and Cryogenic Offerings

before 4 hours & 20 minute

Publisher suspends sales of journalist’s book after plagiarism review

before 4 hours & 20 minute

Only 7% of Global Green Hydrogen Capacity Was Finished on Schedule

before 4 hours & 30 minute

Wyoming Stable Token Commission Migrates to Chainlink CCIP for Enhanced Operational Security

before 4 hours & 38 minute