Located along the strike from the Mansourah Massarah gold mine, the new discovery can strengthen Ma’aden’s production pipeline.
Saudi Arabia’s tourism boom in 2023 sees US$40 billion in spending and record international visitors
Tourist numbers reach 53.6 million, comprising 39 million domestic and 14.6 million inbound visitors, continuing 2022’s growth trend. Saudi Arabia’s tourism boom in 2023 sees US$40 billion in spending and record international visitors.
Saudi Arabia announces discovery of new gold reserves in Makkah region
Saudi Gazette report RIYADH — Saudi Arabia announced on Thursday the discovery of large potential gold resources along a 100km stretch south of its existing Mansourah Massarah gold mine in Al Khurmah governorate in the Makkah region.
PGA Tour, Saudi Arabia’s Public Investment Fund set to extend negotiation deadline to April, per report
The PGA Tour and Saudi Arabia’s Public Investment Fund are expected to announce an extension to their negotiation deadline with a goal of combining commercial operations under a new for-profit entity dubbed PGA Tour Enterprises,
Indonesia wants to become No. 1 in Islamic economy: SOEs minister
Indonesia takes over from United Arab Emirates to rank third in the 2023 State of the Global Islamic Economy (SGIE), behind Malaysia and Saudi Arabia.
Inside Saudi Arabia’s $3 Trillion Plan to Move Past Oil
Facing an existential threat to oil, the country’s lifeblood, Saudi Arabia is spending more than $3.2 trillion to transform its economy by 2030. While oil remains essential, the country is trying to …
Israel-Hamas War Jeopardizes Prospects for Yemen Peace
A string of Houthi attacks targeting Israel and Red Sea shipping lanes is threatening to derail the most advanced effort to end Saudi Arabia’s entanglement in Yemen’s civil war.
India’s Modi Talks to Saudi Crown Prince After Oil Vessel Attack
Indian Prime Minister Narendra Modi discussed the situation in the Middle East, including recent attacks on shipping in the Red Sea, with Saudi Arabia’s Crown Prince and Prime Minister Mohammed bin …
Saudi Arabia and Oman forge partnership to boost tourism in the Gulf region
RIYADH: International travel in the Gulf region is set to boost as Saudi Arabia and Oman have initiated discussions on initiatives for developing joint tourism programs. In a virtual committee meeting …
Saudi Arabia’s diplomatic ambitions have been hit by Gaza war. But not for long
Despite questions over its human rights record and chaos in Israel and Gaza, Saudi Arabia intends to reinforce its status as a leading regional power in 2024 …