INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Saudi Arabia unveils plan to automate 4,000 factories

  • Saudi Ministry of Industry and Mineral Resources has launched a program aiming to move factories away from relying on low-skilled workers to instead automating their manufacturing
  • It has also announced the adoption of the Smart Industry Readiness Index methodology to assess the operational readiness of factories

Saudi Arabia will automate some 4,000 factories in order to enhance competitiveness, efficiency and quality of industry.

In this regard, Saudi Ministry of Industry and Mineral Resources has launched a program that aims to move factories away from relying on low-skilled workers to instead automating their manufacturing.

Launched in two tracks, the program’s first path targets new factories to be designed and built according to high standards in manufacturing and production efficiency.

Alongside raising the competitiveness, efficiency and quality of industry, the Future Factories Program will create quality jobs, the ministry said in a statement.

It has also announced the adoption of the Smart Industry Readiness Index methodology to assess the operational readiness of factories.

The second element of the strategy targets existing factories, seeking to convert them into ones adopting standards of operational excellence and advanced technologies.