Aug 17 , 2025
The manufacturing sector created 352,513 jobs in the 2024/25 fiscal year, exceeding the 350,000 target, the Ministry of Industry reported. Medium- and small-scale domestic manufacturers met their job creation goals, while large-scale firms recorded mixed results, domestic investors reached 98.6pc of their target and foreign investors 86.9pc. The ministry has also signed a cooperation deal with the Petroleum & Energy Authority to promote energy efficiency, addressing sectoral energy waste of up to 30pc from outdated technology, poor management, and supply quality issues. State Minister Hassan Mohammed said the agreement will align goals, share expertise, and pool resources for sustainable industrial growth.
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