Close Menu
The Oasis Report | Latest Saudi Arabia News & Updates
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Opinion
  • Saudi Arabia
  • Startups
What's Hot

GCC Sec-Gen, Egyptian FM Reaffirm Strength of GCC-Egyptian Relations

August 12, 2026

Bahrain Issues Prison Sentences for 8 Convicted of Terrorism Charges

August 12, 2026

Saudi Arabia, Türkiye Discuss De-Escalation Efforts, Security of Waterways

August 12, 2026
Facebook X (Twitter) Instagram
Trending
  • GCC Sec-Gen, Egyptian FM Reaffirm Strength of GCC-Egyptian Relations
  • Bahrain Issues Prison Sentences for 8 Convicted of Terrorism Charges
  • Saudi Arabia, Türkiye Discuss De-Escalation Efforts, Security of Waterways
  • Saudi Arabia Is an Indispensable Partner in Regional Stability
  • Crown Prince, Ukrainian President Discuss Developments; Zelenskyy Welcomes Makkah Pact
  • Saudi Arabia Condemns Colombia’s Recognition of Israel’s Sovereignty over Syrian Golan Heights
  • Makkah Defense Agreement Strengthens Islamic Solidarity, Advances Common Interests
  • Makkah Agreement Boosts Deterrence, Targets No Country
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms and Conditions
Facebook X (Twitter) Instagram
The Oasis Report | Latest Saudi Arabia News & UpdatesThe Oasis Report | Latest Saudi Arabia News & Updates
Thursday, August 20
  • Home
  • Analysis
  • Business
  • Economy
  • Finance
  • Investor
  • Opinion
  • Saudi Arabia
  • Startups
The Oasis Report | Latest Saudi Arabia News & Updates
Home » German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City – Saudi News

German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City – Saudi News

adminBy adminFebruary 5, 2026 Investor No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


Juffari Company hosted German Federal Minister of Economics and Energy Katrina Reiche during an official visit to the Juffari Industrial Park in King Abdullah Economic City, in the presence of Chairman of the Board of Management Khaled Juffari and a number of senior officials and executives, an important stop reflecting the strength of the growing industrial partnership between the Kingdom of Saudi Arabia and the Federal Republic of Germany.

German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City

Juffari Industrial Park is spread over a total area of ​​400,000 square meters and is considered a strategic platform to support advanced manufacturing and localize certain industries in the Kingdom. The visit highlighted joint industrial projects with global partners that reflect a common commitment to long-term investment, knowledge and technology transfer, and strengthening local content.

German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City

The official program of the visit included welcome speeches and a symbolic inauguration ceremony, in which Liebherr laid the foundation stone of a new factory in the complex, and Juffali Industrial Equipment Company and National Automobile Manufacturing Company laid the foundation stones of two industrial plants, marking the beginning of a new phase of industrial cooperation between the Saudi and German sides.

German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City

The production capacity of Juffali Industrial Equipment Company and National Automotive Manufacturing Company is expected to reach 6,000 trucks per year, and the production capacity of the Liebherr plant is expected to reach approximately 1,000 cement mixers per year. In support of localization efforts and building the country’s industrial capacity, the entire assembly and manufacturing operations will be 100% local within the Kingdom of Saudi Arabia.

German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City

These projects are qualitative additions to the Saudi industrial system and are directly aligned with the goals of Saudi Vision 2030 in supporting sustainable industrial development, creating quality employment opportunities, and promoting high value-added industries.

Mr. Khaled Al Juffali underlined Juffali Group’s commitment to continue expanding international partnerships through long-term industrial cooperation with key global partners and actively contributing to the diversification of the national economy, thereby strengthening the position of King Abdullah Economic City as a regional center of industry and advanced manufacturing.

In an important event reflecting the strength of the growing industrial partnership between the Kingdom of Saudi Arabia and the Federal Republic of Germany, the Al Jefali Company welcomed Katrin Reich, Federal Minister of Economic Affairs and Energy of Germany, on an official visit to the Al Jefali Industrial Park in King Abdullah Economic City, in the presence of Chairman Khalid Al Jefali and several senior officials and executives.

German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City

Al Jefali Industrial Park will span a total area of ​​400,000 square meters and will serve as a strategic platform to support advanced manufacturing and localize the Kingdom’s high-quality industries. The visit focused on joint industrial projects with global partners that reflect a shared commitment to long-term investment, knowledge and technology transfer, and strengthening local content.

German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City

The official program of the visit included a welcome speech and a symbolic inauguration ceremony, during which Mr. Liebherr laid the foundation stone of a new factory in the complex, while Al-Jefali Industrial Equipment Company and National Automobile Manufacturing Company laid the foundation stones of two industrial factories, marking the beginning of a new phase of industrial cooperation between the Saudi and German sides.

German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City

The production capacity of Al-Jefali Industrial Equipment Company and National Automobile Manufacturing Company is expected to reach 6,000 trucks per year, and the Liebherr plant will have a production capacity of approximately 1,000 concrete mixers per year. All assembly and manufacturing operations will be 100% local within the Kingdom of Saudi Arabia, supporting localization efforts and building the nation’s industrial capacity.

German Economy and Energy Minister Katerina Reich visits Juffali Industrial Park in King Abdullah Economic City

These projects represent qualitative additions to the Saudi industrial system that are directly aligned with the goals of Saudi Vision 2030 by supporting sustainable industrial development, creating quality employment opportunities, and strengthening high value-added industries.

Mr. Khalid Al Jefali confirmed Al Jefali Group’s commitment to continue expanding its international partnerships and actively contributing to the diversification of the national economy through long-term industrial cooperation with major global partners, thereby enhancing the status of King Abdullah Economic City as a regional hub for advanced industry and manufacturing.



Source link

admin
  • Website

Keep Reading

‘Shrimp’ returns to market…season starts on August 1st – Saudi News

STC Group’s net profit increased by 6.3% excluding non-recurring items – Saudi News

BMW intends to lay off 8,000 employees amid market pressures – Saudi News

World’s leading semiconductor companies lose $1.3 trillion – Saudi News

Oil prices rise 7%…Brent to $90 – Saudi News

“International Monetary Fund”: Saudi economy proves its resilience… growth rate will reach 5.5% in 2027 – Saudi News

Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Financial Markets Tribunal orders company to pay $143,000 to DFSA

July 15, 2026

Drydocks World completes one of UAE’s most complex green ship recycling projects

July 15, 2026

Accor signs deal with 518-key Ibis hotel in Mecca

July 15, 2026

Gulf International Bank establishes $3 billion certificate of deposit program

July 15, 2026
Latest Posts

Subscribe to News

Subscribe to our newsletter and never miss our latest news

The Oasis Report is an independent digital news platform dedicated to delivering timely, accurate, and insightful coverage of Saudi Arabia. Our mission is to keep readers informed about the Kingdom’s rapidly evolving political, economic, social, and cultural landscape.

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Facebook X (Twitter) Instagram Pinterest
  • Home
  • About Us
  • Advertise With Us
  • Contact US
  • DMCA
  • Privacy Policy
  • Terms and Conditions
© 2025 theoasisreport. Designed by TeraSolutions.io

Type above and press Enter to search. Press Esc to cancel.