Saudi Gazette report
RIYADH — The Ministry of Business and Mineral Sources has formally introduced the institution of the Non-Revenue Treasured Metals and Gems Affiliation, geared toward advancing the trade, fostering innovation, and empowering native designers and artisans throughout the Kingdom.
The initiative varieties a part of the Ministry’s broader technique to strengthen the position of non-profit organizations throughout the industrial and mining sectors, reflecting its perception of their contribution to financial and social growth.
Aligned with Saudi Imaginative and prescient 2030, the affiliation’s targets embrace enhancing native content material in valuable metals and gemstone merchandise, supporting the inventive industries, empowering ladies and youth, and elevating skilled requirements amongst designers by way of specialised coaching applications, workshops, and certifications.
The brand new physique will present Saudi artisans and designers with monetary and technical help, manufacturing grants, and alternatives to showcase their work at native and worldwide exhibitions.
It additionally goals to advertise sustainability, encourage environmentally accountable practices within the gemstone sector, and construct a unified skilled group by way of a digital platform connecting buyers and trade practitioners.
By integrating designers and craftsmen into key worth chains, the affiliation seeks to develop Saudi Arabia’s footprint within the international market whereas contributing to the nationwide GDP.