/main-category/mining en /node/2615783/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2025-09-18 14:38</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: º£½ÇÖ±²¥â€™s Al-Baha region has unveiled SR89 million ($24 million) in industrial projects aimed at attracting investment, creating jobs, and developing its mining and small and medium enterprises sectors. </p> <p> Prince Hussam bin Saud bin Abdulaziz, governor of the southwestern region, inaugurated several infrastructure and utility projects at the First Industrial City in Al-Baha, part of efforts to strengthen the local industrial and investment environment. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/09/18/4640775-1939191587.png" width="663" height="312" alt="" title="Prince Hussam bin Saud bin Abdulaziz with Minister of Industry and Mineral Resources Bandar bin Ibrahim Alkhorayef. X/@Jarrah_4" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/al-baha">Al-Baha</a></div></div></div> Thu, 18 Sep 2025 11:43:45 +0000 owen.bennett 2615783 at /node/2615252/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan%C2%A0">Nadin Hassan </a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-09-14 14:30</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: º£½ÇÖ±²¥â€™s Ministry of Industry and Mineral Resources processed 524 requests for chemical clearance services in August, underscoring the Kingdom’s efforts to boost industrial investment and streamline regulatory processes. </p> <p> The requests included 510 permits for importing unrestricted chemical materials and 14 applications for importing restricted substances, the ministry said on social media platform X, adding that 838 export permit requests were also submitted during the same period. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/09/14/4639418-1395531265.jpg" width="1000" height="667" alt="" title=" The requests included 510 permits for importing unrestricted chemical materials and 14 applications for importing restricted substances, the ministry said. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi">Saudi</a></div><div class="field-item odd"><a href="/tags/chemical">Chemical</a></div></div></div> Sun, 14 Sep 2025 11:35:58 +0000 ameen.syed 2615252 at /node/2613637/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-08-31 15:16</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: º£½ÇÖ±²¥ and the US explored cooperation in sectors including lithium, aerospace, and supply chain resilience during a high-level visit led by the Kingdom’s minister of industry and mineral resources.</p> <p> Bandar Alkhorayef concluded a four-day trip aimed at strengthening bilateral economic and industrial ties, the Saudi Press Agency reported.</p> <p> The discussions also covered energy innovation, mining, critical minerals, advanced manufacturing, specialty chemicals, food processing, medical devices, smart city technologies, and electric vehicle production.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/31/4635255-550130475.png" width="1600" height="899" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef concluded a four-day trip to the US to strengthen bilateral economic and industrial ties. SPA" /></div><div class="field-item odd"><img src="/sites/default/files/2025/08/31/4635256-1494219571.png" width="1600" height="1066" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef concluded a four-day trip to the US to strengthen bilateral economic and industrial ties. SPA" /></div><div class="field-item even"><img src="/sites/default/files/2025/08/31/4635257-33316998.png" width="1600" height="1066" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef concluded a four-day trip to the US to strengthen bilateral economic and industrial ties. SPA" /></div><div class="field-item odd"><img src="/sites/default/files/2025/08/31/4635258-1799298136.png" width="1600" height="1066" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef concluded a four-day trip to the US to strengthen bilateral economic and industrial ties. SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/honeywell">Honeywell</a></div><div class="field-item odd"><a href="/category/tags/saudi-arabia">º£½ÇÖ±²¥</a></div><div class="field-item even"><a href="/tags/united-states">United States</a></div><div class="field-item odd"><a href="/tags/chris-wright">Chris Wright</a></div><div class="field-item even"><a href="/tags/saudi-us">Saudi-US</a></div><div class="field-item odd"><a href="/tags/saudi-mining">Saudi mining</a></div><div class="field-item even"><a href="/tags/bandar-alkhorayef">Bandar Alkhorayef</a></div></div></div> Sun, 31 Aug 2025 12:39:56 +0000 sarah.glubb 2613637 at /node/2613192/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-08-27 15:24</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: º£½ÇÖ±²¥ and the US are set to strengthen mining ties as the Kingdom’s industry minister met the US energy secretary to explore joint opportunities in critical minerals and supply chains.</p> <p> Bandar Alkhorayef held a bilateral meeting with Chris Wright to discuss ways of enhancing mining cooperation during his official trip to the US. The meeting was attended by Saleh Al-Sulami, CEO of the National Industrial Development Center, along with several officials from both sides, according to a statement by the Ministry of Industry and Mineral Resources.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/27/4634073-1067660336.jpeg" width="1280" height="966" alt="" title="Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held a bilateral meeting with US Energy Secretary Chris Wright. X/@BAlkhorayef" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">º£½ÇÖ±²¥</a></div><div class="field-item odd"><a href="/tags/united-states">United States</a></div><div class="field-item even"><a href="/tags/saudi-us">Saudi-US</a></div><div class="field-item odd"><a href="/tags/saudi-mining">Saudi mining</a></div><div class="field-item even"><a href="/tags/bandar-alkhorayef">Bandar Alkhorayef</a></div><div class="field-item odd"><a href="/tags/chris-wright">Chris Wright</a></div></div></div> Wed, 27 Aug 2025 12:28:32 +0000 sarah.glubb 2613192 at /node/2612967/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nadin-hassan%C2%A0">Nadin Hassan </a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2025-08-25 14:31</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: º£½ÇÖ±²¥â€™s mining exports have jumped about 80 percent, driven by rising production of phosphate, iron, aluminum, copper and gold, as the Kingdom accelerates efforts to become a global hub for mineral resources, a senior official said. </p> <p> Vice Minister of Industry and Mineral Resources for Mining Affairs Khalid Al-Mudaifer said current and planned investments in the sector are valued at SR180 billion ($48 billion), according to state broadcaster Al-Ekhbariya.  </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/25/4633520-1464381488.jpg" width="828" height="499" alt="" title=" Vice Minister of Industry and Mineral Resources for Mining Affairs Khalid Al-Mudaifer said current and planned investments in the sector are valued at SR180 billion ($48 billion). File/Ministry of Industry &amp; Mineral Resources." /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi">Saudi</a></div><div class="field-item odd"><a href="/tags/mining">Mining</a></div><div class="field-item even"><a href="/tags/investment">Investment</a></div></div></div> Mon, 25 Aug 2025 11:34:56 +0000 ameen.syed 2612967 at /node/2611590/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-08-12 15:39</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Mining firms operating in º£½ÇÖ±²¥ should implement disciplined financial planning, transparency, and cost ownership in their operating model to reap long-term benefits, according to an analysis. </p> <p> In its latest report, professional services firm Alvarez and Marsal said the Kingdom’s mining and minerals industry is poised for sustainable long-term growth with committed investments worth SR246 billion ($65.55 billion) supporting the sector. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/12/4629978-1752673866.jpg" width="1000" height="667" alt="" title="º£½ÇÖ±²¥â€™s ranking on the Mining Investment Attractiveness Index jumped from 104th in 2013 to 23rd in 2024. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/alvarez-and-marsal-am">Alvarez and Marsal (A&amp;M)</a></div><div class="field-item odd"><a href="/category/tags/saudi-arabia">º£½ÇÖ±²¥</a></div><div class="field-item even"><a href="/tags/saudi-mining">Saudi mining</a></div></div></div> Tue, 12 Aug 2025 12:49:20 +0000 sarah.glubb 2611590 at /node/2611586/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/%C2%A0-nour-el-shaeri">  Nour El-Shaeri</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-08-12 15:22</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: º£½ÇÖ±²¥â€™s mining sector has leapt 81 places over the past decade to rank 23rd globally in the Fraser Institute’s Investment Attractiveness Index, underscoring the Kingdom’s rapid emergence as a global mining contender. <br /> The rise from 104th place in 2013 marks one of the steepest climbs recorded by the Canadian think tank and puts º£½ÇÖ±²¥ ahead of several established mining destinations in Asia and Latin America.  <br /> The Fraser Institute credited the surge to sweeping regulatory reforms, strategic investment, and accelerated exploration activity.<br /></p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/08/12/4629970-1672311206.jpg" width="1000" height="667" alt="" title="The rise from 104th place in 2013 marks one of the steepest climbs recorded by the Canadian think tank and puts º£½ÇÖ±²¥ ahead of several established mining destinations in Asia and Latin America.  Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi">Saudi</a></div><div class="field-item odd"><a href="/tags/mining">Mining</a></div><div class="field-item even"><a href="/tags/investment">Investment</a></div></div></div> Tue, 12 Aug 2025 12:27:32 +0000 ameen.syed 2611586 at /node/2609634/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/reem-walid">Reem Walid</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sun, 2025-07-27 15:51</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: º£½ÇÖ±²¥ issued a record number of new mining exploration licenses in the first half of 2025, marking a 144 percent year-on-year rise, official data showed. </p> <p> A total of 22 licenses were issued during the period, up from just nine in the same period last year, reflecting growing investor interest and the government’s push to build a more competitive and attractive mining sector, according to a statement from the Ministry of Industry and Mineral Resources. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/07/27/4625088-772093668.jpg" width="1000" height="563" alt="" title="A total of 22 licenses were issued during the period, up from just nine in the same period last year. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">º£½ÇÖ±²¥</a></div><div class="field-item odd"><a href="/tags/saudi-mining">Saudi mining</a></div></div></div> Sun, 27 Jul 2025 12:54:36 +0000 sarah.glubb 2609634 at /node/2608258/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-07-16 13:30</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: º£½ÇÖ±²¥â€™s ongoing mining reforms have helped the Kingdom attract $32 billion in investments for projects in iron, phosphate, aluminum, and copper, a senior official said. </p> <p> Khalid Al-Mudaifer, vice minister of industry and mineral resources, told financial news outlet Asharq Business that the figure represents nearly one-third of the $100 billion the Kingdom aims to attract in the sector by 2030. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/07/16/4621530-2093973436.jpg" width="1000" height="667" alt="" title="º£½ÇÖ±²¥â€™s mining sector is projected to increase its contribution to gross domestic product from $17 billion in 2024 to $75 billion by 2030. Shutterstock" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/category/tags/saudi-arabia">º£½ÇÖ±²¥</a></div><div class="field-item odd"><a href="/tags/saudi-mining">Saudi mining</a></div><div class="field-item even"><a href="/tags/khalid-al-mudaifer">Khalid Al-Mudaifer</a></div></div></div> Wed, 16 Jul 2025 10:39:51 +0000 sarah.glubb 2608258 at /node/2608255/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Wed, 2025-07-16 12:38</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: Egypt’s revenues from mineral wealth development jumped 131 percent year on year to nearly $446 million in fiscal year 2024/2025, driven by strong growth in gold and silver production. </p> <p> Speaking at the Egypt Mining Forum 2025, Minister of Petroleum and Mineral Resources Karim Badawi said, gold and silver output reached 640,000 ounces during the year, a 14 percent increase from the previous period, generating $1.54 billion in sales, up 57 percent annually. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/07/16/4621522-612343306.jpg" width="2048" height="1365" alt="" title="Egyptian Minister of Petroleum and Mineral Resources Karim Badawi speaks at the Egypt Mining Forum 2025. Facebook/ Egypt’s Ministry of Petroleum and Mineral Resources" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/egypt">Egypt</a></div><div class="field-item odd"><a href="/tags/mining">Mining</a></div></div></div> Wed, 16 Jul 2025 09:49:42 +0000 sarah.glubb 2608255 at /node/2607030/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sat, 2025-07-05 22:34</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: º£½ÇÖ±²¥ is accelerating the development of its mining sector as a central pillar of economic diversification, with the Kingdom’s mineral wealth now estimated at SR9.4 trillion ($2.5 trillion). </p> <p> The surge in value is driven by discoveries of rare earth elements, base metals, gold, phosphate, and titanium — a strong, lightweight metal with high-value applications in aviation and turbine manufacturing. </p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/07/05/4618444-1296104160.jpg" width="1200" height="900" alt="" title="º£½ÇÖ±²¥ is prioritizing domestic resources and talent, promoting public-private partnerships, and adopting Fourth Industrial Revolution technologies to drive sustainable, long-term growth. (Getty)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/saudi-mining-sector">saudi mining sector</a></div><div class="field-item odd"><a href="/tags/economic-diversification">Economic diversification</a></div><div class="field-item even"><a href="/tags/national-industrial-development-and-logistics-program">National Industrial Development and Logistics Program</a></div><div class="field-item odd"><a href="/tags/saudi-minerals">Saudi minerals</a></div></div></div> Sat, 05 Jul 2025 19:44:46 +0000 Sajjadkk 2607030 at /node/2606518/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Tue, 2025-07-01 15:44</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: º£½ÇÖ±²¥ has launched a non-profit association to help industrial and mining enterprises adopt top sustainability, social responsibility, and governance standards, supporting the Kingdom’s economic growth.</p> <p> The Ministry of Industry and Mineral Resources announced the establishment of the association to raise awareness among industrial and mining enterprises and support their adoption of sustainable and responsible business practices.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/07/01/4617080-345708993.jpg" width="2119" height="1414" alt="" title="Environmental, social, and governance principles are gaining prominence across the Saudi mining and construction industries. Getty" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/saudi-mining-industry">Saudi mining industry</a></div></div></div> Tue, 01 Jul 2025 12:47:50 +0000 owen.bennett 2606518 at /node/2606363/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/206261">MOHAMMED AL-KINANI</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Mon, 2025-06-30 13:09</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> JEDDAH: Canadian companies have been presented with exploration opportunities in º£½ÇÖ±²¥â€™s mining sector during a roundtable in Vancouver.</p> <p> Officials from the Kingdom’s Ministry of Industry and Mineral Resources presented investment options to representatives from 25 firms, outlining the goals of the government’s Comprehensive Mining Strategy, according to the Saudi Press Agency.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/06/30/4616689-1779206780.png" width="1313" height="734" alt="" title="The speakers highlighted the competitive advantages of the Kingdom’s investment environment. SPA" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/mining">Mining</a></div><div class="field-item odd"><a href="/tags/saudi-mining-sector">saudi mining sector</a></div><div class="field-item even"><a href="/tags/saudi-ministry-industry-and-mineral-resources">Saudi Ministry of Industry and Mineral Resources</a></div></div></div> Mon, 30 Jun 2025 10:15:54 +0000 owen.bennett 2606363 at /node/2602918/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/article-authors/nirmal-narayanan">Nirmal Narayanan</a></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Sat, 2025-05-31 22:45</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> RIYADH: º£½ÇÖ±²¥ is steadily progressing in its journey to attract $100 billion in foreign direct investments by the end of this decade, with the Kingdom heavily focusing on securing funds in high-growth sectors, experts have said.</p> <p> º£½ÇÖ±²¥â€™s Vision 2030 economic diversification program aims to transform its economic landscape, including attracting foreign direct investment and increasing FDI’s contribution to the Kingdom’s gross domestic product.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/05/31/4607474-128461289.jpg" width="1200" height="716" alt="" title="º£½ÇÖ±²¥â€™s regional headquarters program offers incentives and various support services for international businesses opening offices in Riyadh. (SPA)" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/foreign-direct-investment">foreign direct investment</a></div><div class="field-item odd"><a href="/tags/saudi-mining">Saudi mining</a></div><div class="field-item even"><a href="/tags/saudi-entertainment">Saudi entertainment</a></div></div></div> Sat, 31 May 2025 19:58:45 +0000 Sajjadkk 2602918 at /node/2600807/business-economy <div class="field field-name-field-rbitem-author field-type-taxonomy-term-reference field-label-above"><div class="field-label">article author:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/taxonomy/term/225841">Reuters</a></div></div></div><div class="field field-name-field-author field-type-text field-label-inline clearfix"><div class="field-label">Author:&nbsp;</div><div class="field-items"><div class="field-item even"></div></div></div><div class="field field-name-field-publication-date field-type-datestamp field-label-hidden"><div class="field-items"><div class="field-item even"><span class="date-display-single">Thu, 2025-05-15 10:41</span></div></div></div><div class="field field-name-body field-type-text-with-summary field-label-hidden"><div class="field-items"><div class="field-item even"><p> LONDON: US rare earths miner MP Materials has signed a memorandum of understanding with º£½ÇÖ±²¥â€™s flagship mining company Ma’aden to jointly develop a rare earth supply chain in the Middle Eastern country.</p> <p> The agreement was signed on the sidelines of the US-Saudi Investment Forum, where President Donald Trump secured a $600 billion investment from the Kingdom covering the energy, defense and mining sectors.</p></div></div></div><div class="field field-name-field-binary field-type-image field-label-hidden"><div class="field-items"><div class="field-item even"><img src="/sites/default/files/2025/05/15/4602022-13955420.png" width="2508" height="954" alt="" title="The agreement was signed on the sidelines of the US-Saudi Investment Forum. Supplied" /></div></div></div><div class="field field-name-taxonomy-vocabulary-1 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Main category:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/economy">Business &amp; Economy</a></div><div class="field-item odd"><a href="/main-category/mining">Mining</a></div></div></div><div class="field field-name-taxonomy-vocabulary-9 field-type-taxonomy-term-reference field-label-above"><div class="field-label">Tags:&nbsp;</div><div class="field-items"><div class="field-item even"><a href="/tags/saudi-arabian-mining-co-ma%E2%80%99aden">º£½ÇÖ±²¥n Mining Co. (Ma’aden)</a></div><div class="field-item odd"><a href="/tags/mp-materials">MP Materials</a></div><div class="field-item even"><a href="/tags/mining">Mining</a></div></div></div> Thu, 15 May 2025 07:51:12 +0000 owen.bennett 2600807 at