Mahmoud Al-Dheeb, Acting CEO of the Royal commission Building of RasAl-Khair Industrial City (RIC)
Mahmoud Al-Dheeb, Acting CEO of the Royal commission Building of RasAl-Khair Industrial City (RIC), said total investments in the city have surpassed SAR 176 billion as of 2024. 
Speaking to Al-Eqtisadiah, he noted that the private sector accounts for 91% of these investments. Every riyal invested by RIC yields a return of up to 12 times its value.
The commission is focused on attracting high-value mining industries to drive economic growth and diversification, Al-Dheeb added.
He also revealed plans to expand Ras Al-Khair Port by adding berths and deepening the harbor, boosting exports, particularly iron sheets.
Mahmoud Al-Dheeb, Acting CEO of the Royal commission Building of RasAl-Khair Industrial City (RIC)
Mahmoud Al-Dheeb, Acting CEO of the Royal commission Building of RasAl-Khair Industrial City (RIC), said total investments in the city have surpassed SAR 176 billion as of 2024.
Speaking to Al-Eqtisadiah, he noted that the private sector accounts for 91% of these investments. Every riyal invested by RIC yields a return of up to 12 times its value.
The commission is focused on attracting high-value mining industries to drive economic growth and diversification, Al-Dheeb added.
He also revealed plans to expand Ras Al-Khair Port by adding berths and deepening the harbor, boosting exports, particularly iron sheets.
