Report: Saudi Modified Mineral Investment System Preparation Done: Al-Falih

Khalid Al-Falih, Saudi Arabia's Minister of Energy, Industry, and Mineral Resources.
The Saudi Ministry of Energy, Industry and Mineral Resources announced Sunday the completion of the modified mineral investment system which will "open the path for investors and the private sector to benefit from promising investment opportunities in this vital sector."

Saudi Arabia

News, analysis, and more

Banking and Finance

Saudi Arabia Ranks as Top Digital Banking Market in Middle East and North Africa

In a recent survey of regional banking customers by research firm ArabNet, 76 percent of Saudi banking customers use digital platforms, and 60 percent use ...

 

ETFs

Fund focused on Saudi stocks beats all emerging market peers

An exchange-traded fund tracking Saudi Arabian shares has delivered the biggest return among peers so far this year as investors anticipate an upgrade of the ...

 

U.S.-Saudi Relations

Saudi FM meets with US State Department delegation

Saudi Arabia’s Foreign Minister Adel Al-Jubeir met Brian Hook, senior policy adviser to the US secretary of state and director of policy planning, and his accompanying ...

 

Saudi Airlines

Saudi Arabian Airlines in Boeing 777X order talks

Saudi Arabian Airlines is exploring a potential order for Boeing 777X widebody jets, according to three sources familiar with the matter. ...

 

Saudi-France

Saudi Arabia signs military deal with France

Saudi Arabia signed on Sunday a bilateral military agreement with France aimed at protecting classified information. ...

 

Accounting

Saudi Arabia establishes center for financial auditing

Saudi Arabia’s Training and Emission Committee for civil servants announced that it has adopted the Saudi centre for Financial Auditing and Performance Monitoring at the ...

 

Yemen Civil War

Saudi Arabia tops donor states to UN response plan for Yemen

Saudi Arabia donated $530.4 million as part of the UN’s Humanitarian Response Plan for Yemen in 2018. ...

 

Afghanistan

Saudis to Host Conference Seeking Afghan Peace

Saudi Arabia is hosting an international Muslim scholars conference on peace and stability in Afghanistan next week, Afghan officials told VOA. ...

 

Mining and Minerals

Saudi modified mineral investment system preparation done: Al-Falih

he Saudi Ministry of Energy, Industry and Mineral Resources announced Sunday the completion of the modified mineral investment system, which opens the path for investors ...

 

Entertainment

GEA cancels concert by American rapper

A scheduled music concert by American rapper Russ has been canceled, the Saudi General Entertainment Authority (GEA) announced on Friday. ...

 

Saudi Students

Bodies of hero Saudi students arrive back in the kingdom

The bodies of two students who drowned while saving children in a US river arrived back to Saudi Arabia on Sunday. ...

 

Entertainment

World Cup 2018 live streaming channel lets fans watch online streams illegally on ‘industrial scale’

Doha-based network beIN Sports, which is a spinoff of the Al Jazeera news network, acquired the rights to all 64 games of the World Cup ...

 

Almarai

Saudi Arabia’s Almarai reports 2% profit drop amid declining exports

Almarai, the biggest dairy producer in the Arabian Gulf region, reported a 2 per cent year-on-year drop in net profit in the second quarter of ...

 

Security

Gunmen kill Saudi security officer and foreign national in Buraidah attack

A member of Saudi Arabia’s security forces and a foreign citizen were killed in an attack at a checkpoint in Buraidah, Qassim Province, on Sunday. ...

 

Saudi +

Regional and related topics

Egypt

New discovery highlights Egypt’s potential as emerging oil producer

A new oil discovery in the Western Desert of Egypt could unlock a new area for production gains in the country, Italian energy company Eni ...

 

Oil Prices

Oil likely to jump 10 percent into $80s a barrel, Tom Kloza predicts

The Oil Price Information Service's Tom Kloza recently estimated that prices could surge another 10 percent this summer — a rally that could hit consumers ...

 

Jordan

Confronting Horror at the Jordan-Syria Border

As the Assad regime declares victory in Daraa, Syrians fleeing his forces have been left stranded. ...

 

Bahrain

Top Shiite cleric leaves Bahrain for treatment in Britain

A top Shiite cleric and opposition figure in Bahrain has left the island kingdom for medical treatment in Britain. ...

 

Syria Civil War

A Russian-Backed Offensive in Syria Makes a Mockery of Trump

As a result, this latest wave of displaced Syrians, who number three hundred and twenty-five thousand, are withering in the sun; most have neither shelter ...

 

Lebanon

Gulf travel ban on Lebanon may lift after formation of new gov’t: minister

Gulf countries may lift their travel ban against Lebanon after the country forms the new government, said Lebanese Caretaker Tourism Minister Avedis Guidanian on Monday. ...

 

Turkey

Turkey’s Erdogan takes oath of office for new presidential term: live tv

Turkish President Tayyip Erdogan took the oath of office for a new presidential term on Monday, fulfilling a long-held ambition to rule the country he ...

 

OPEC

If Trump’s Problem Is OPEC, His Solution Is Iran

The simple truth is there isn’t enough spare production capacity in the world to replace the complete loss of Iranian exports. Saudi Arabia can boost ...

 

Recent Editions