06 Shawwal 1445 - 15 April 2024
    
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Eye of Riyadh

NWC starts pumping desalinated water to 100,000 beneficiaries in Dhahran
Environment & Energy | Sunday 28 January, 2024 10:27 am
The National Water Company (NWC), represented by its Eastern Cluster, has announced that it will start pumping desalinated water to the districts of Doha, Dana, King Fahd College of Petroleum and Minerals (KFUPM), Al-Jami’ah and Sulaimaniya in Dhahran. This comes after the company has completed...
OPEC+ unlikely to decide oil policy on Feb 1: Report
Environment & Energy | Saturday 27 January, 2024 12:24 am
OPEC+ will likely decide its oil production levels for April and beyond in the coming weeks, Reuters reported, citing OPEC+ sources.   A meeting of the Joint Ministerial Monitoring Committee (JMMC) next Thursday would take place too early to take decisions on further output...
NWC completes Phase II of water network project in Najran
Environment & Energy | Friday 26 January, 2024 2:57 am
The National Water Company (NWC), represented by the Najran Water Business Unit (CBU), announced the completion of Phase II of the drinking water network project in the region, at a cost of approximately 26 million Saudi Riyals. This project aims to increase the company's operational efficiency,...
Maaden starts commercial ops at Mansourah-Massarah gold mine
Environment & Energy | Friday 19 January, 2024 3:40 am
Saudi Arabian Mining Company (Maaden) announced today, Jan. 18, starting commercial operations at Mansourah-Massarah gold mine, according to a statement to Tadawul. The financial impact is expected to be realized starting from Q1 2024. In 2021, Maaden inked a contract with a major global...
Partanna initiates collaboration with ROSHN Group on state-of-the-art carbon-negative concrete facility
Environment & Energy | Saturday 13 January, 2024 3:32 pm
ROSHN, Saudi Arabia's premier real estate developer, has entered a partnership with Partanna Arabia, a Riyadh-headquartered climate technology company, to collaborate on the potential construction of a state-of-the-art carbon-negative concrete production facility.   The facility is...
Ministry of Industry studies to set up metals stock exchange: Report
Environment & Energy | Saturday 13 January, 2024 3:18 pm
The Ministry of Industry and Mineral Resources is in talks with the Ministry of Commerce, the Capital Market Authority (CMA) and businessmen to study a new metals and mining stock exchange in Saudi Arabia, Khalid Al-Mudaifer, Vice Minister of Industry and Mineral Resources, told Al-Eqtisadiah...
EXIM mulls foray into Egypt, South Africa: CEO
Environment & Energy | Friday 12 January, 2024 2:16 pm
Saad Alkhalb, CEO of the Saudi Export-Import Bank (EXIM), said the bank intends to foray into Africa by sending executive representatives to both Egypt and South Africa.   The bank aims to cover Africa with its service, especially as this continent has abundance of minerals and...
RAKEZ successfully demonstrates commitment to environmental responsibility with Beach Clean-up Drive
Environment & Energy | Friday 12 January, 2024 12:38 am
Ras Al Khaimah Economic Zone (RAKEZ) reaffirmed its dedication to corporate social responsibility and environmental stewardship with a successful Beach Clean-Up Drive held recently at Al Hulaila beach in Ras Al Khaimah. The initiative brought together nearly 150 participants, including RAKEZ...
Global demand for mining resources to double in future, says Al-Falih
Environment & Energy | Wednesday 10 January, 2024 2:02 pm
Saudi Arabia’s Minister of Investment, Khalid Al-Falih, said that the global demand for mining resources will double in the future.   “We will need trillions of dollars in the next two decades to reshape the global supply chain in the mineral sector,” Al-Falih added during the...
Mining sector faces unprecedented challenges, focus to be on boosting investments: Official
Environment & Energy | Wednesday 10 January, 2024 10:25 am
Khalid Almudaifer, Vice Minister of Industry and Mineral Resources, said the mining sector is currently facing unprecedented challenges, despite the increase in demand for minerals, stressing that several opportunities could be available amid these hurdles. Addressing the third Ministerial...
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