Riyadh: The Ministry of Industry and Mineral Resources has announced the formation of a new non-profit association aimed at enhancing the precious metals and gemstones industry. This initiative is designed to foster industry development, encourage innovation, and empower designers and artisans by supporting their creative solutions.

According to Saudi Press Agency, the establishment of this association aligns with the ministry’s broader efforts to empower non-profit organizations within the industry and mining sectors. These organizations are seen as pivotal in advancing the Kingdom’s economic and social progress.

The strategic objectives of the association are closely tied to the goals of Saudi Vision 2030. These include the development of local content in gemstones and precious metals, support for creative industries, and the empowerment of women and youth. Additionally, the association aims to raise professional standards for designers through training programs, workshops, and professional certifications. It plans to provide technical and financial support, offer production grants, and enhance the participation of Saudi artisans and designers in both local and international specialized exhibitions.

The association is committed to promoting sustainability and encouraging adherence to responsible environmental practices within the gemstone industry. It also seeks to create a unified professional community via a digital platform that connects investors and practitioners in the metals industry, offering an interactive environment that links artisans and designers to value chains.