RIYADH | SAUDI ARABIA – Saudi Arabia’s cabinet approved in principle setting up a state-owned, joint-stock company for mining services, states news agency (SPA) reported late on Tuesday.
The statement did not add any further details on the size of capital or time frame of setting up the company. Mining is key to kingdom’s reform plan to diversify its economy from hydrocarbons, as the government aims to more than triple the sector’s contribution to the nation’s economic output by 2030.
Currently Saudi Ma’aden is the kingdom’s sole miner, producing gold and copper and has in recent years expanded into the production of aluminum and phosphate. It is 65% owned by the kingdom’s Public Investment Fund.
NEWS | Crown Prince Mohammed Bin Salman: Good Days In Store For Saudi Arabia Through Its People’s Efforts
RIYADH | SAUDI ARABIA – Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, stressed on Sunday that Saudi Arabia will see better days in credit to its people. He made his remarks while congratulating Defense Ministry officials on the advent of the Eid al-Fitr holiday. The officials, including Deputy Defense Minister … Continue reading NEWS | Crown Prince Mohammed Bin Salman: Good Days In Store For Saudi Arabia Through Its People’s Efforts →
RIYADH | SAUDI ARABIA – Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud states on Sunday that he sees ‘hope in the coming days’, urging ‘determination and positivity in overcoming all hardship’. In a tweet on the occasion of the Eid Al-Fitr holiday, he thanked for ‘blessing us with fasting during … Continue reading NEWS | King Salman Urges Determination, Positivity In Overcoming Hardship →
RIYADH | SAUDI ARABIA – Saudi Arabia reported 2,399 new coronavirus cases on the first day of Eid al-Fitr, bringing the total to 72,560. Riyadh remained the area with the highest daily increase, but Mecca had a higher increase than recent days, with 611 new cases in the province. Jeddah reported the third highest number … Continue reading CORONAVIRUS ALERT | Saudi Arabia Reports 2,399 New Cases Bringing Total to 72,560 On Eid Al Fitr →
RIYADH | SAUDI ARABIA – The Ministry of Interior said on Saturday that residents who violate nationwide coronavirus precautionary measures and gather for social occasions such as weddings, funerals, parties, seminars and the like will be deported and banned from ever re-entering the Kingdom. The MOI also specified fines for violators of the ban on … Continue reading Saudi Society | Saudi Residents Face Deportation For Gathering In Weddings, Funerals →
ABU DHABI – The Department of Culture and Tourism – Abu Dhabi has shares detailed guidelines with the emirate’s hotels in preparation for granting approvals to reopen the establishments’ restaurants, lounges, bars, beaches, pool and gyms. Having closed due to health and safety precautionary measures imposed to contain the spread of the COVID-19 virus, hotels … Continue reading BUSINESS | Abu Dhabi Shares Guidelines To Reopen UAE Capital’s Hotels →
RIYADH | SAUDI ARABIA – The Ministry of Culture concluded its ‘Reading Marathon’ initiative with a record 606,000 pages read. The six-week event witnessed an unprecedented participation of readers from all segments of society. Launched in late April, the ministry’s initiative comes as part of its ‘Culture in Quarantine’ project, aimed at raising awareness about … Continue reading Culture In Quarantine | Saudi Cultural Ministry Concludes ‘Reading Marathon’ Initiative →
RIYADH | SAUDI ARABIA – Saudi Arabia introduced a new coronavirus – related health measure, an electronic bracelet for all Saudi nationals returning to the Kingdom from abroad, the Ministry of Health said on Friday. All Saudi citizens returning from abroad will be provided with a smart bracelet linked to the ‘Tataman’ (which translates to … Continue reading CORONAVIRUS | Saudi Citizens Returning From Abroad Must Use ‘Tatamman’ E-Bracelet →
RIYADH | SAUDI ARABIA – – Custodian of the Two Holy Mosques King Salman bin Abdulaziz stressed on Saturday that Saudi Arabia will not spare an effort in serving humanity, especially amid the coronavirus pandemic. In address to the nation and Muslims on the advent of the Eid Al-Fitr holiday, he said the Kingdom has, … Continue reading King Salman: We Won’t Spare An Effort In Serving Making →
RIYADH | SAUDI ARABIA – Custodian of The Two Holy Mosques King Salman bin Abdulaziz Al Saud approved on Saturday holding the Eid al-Fitr prayers at the Masjid al-Haram in Mekkah and Prophet’s Mosques in Madinah without any worshippers. General President of the Affairs of the Grand Mosques and the Prophet’s Mosque, Sheikh Dr. Abdul … Continue reading NEWS ALERT | King Salman Says Eid Prayer at Masjid Al-Haram Will Be Held Without Worshippers →
RIYADH | SAUDI ARABIA – Custodian of the Two Holy Mosques King Saman bin Abdulaziz Al Saud and Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, sent cables of condolences to Pakistan’s President Aref Alawi over Friday’s passenger plane crash. The Saudi Foreign Ministry also expressed its condolences to over the … Continue reading NEWS | Saudi Arabia Offers Condolences To Pakistan Over Plan Crash →
Something went wrong. Please refresh the page and/or try again.
- Click to share on Twitter (Opens in new window)
- Click to share on Facebook (Opens in new window)
- Click to share on WhatsApp (Opens in new window)
- Click to print (Opens in new window)
- Click to email this to a friend (Opens in new window)
- Click to share on Reddit (Opens in new window)
- Click to share on Tumblr (Opens in new window)
- Click to share on Pinterest (Opens in new window)
- Click to share on Pocket (Opens in new window)
- Click to share on Telegram (Opens in new window)
- Click to share on Skype (Opens in new window)