Currencies:
RUB/USD 0,0114
0,0000
BRL/USD 0,1804
0,0000
INR/USD 0,1196
0,0000
CNY/USD 0,1367
0,0000
ZAR/USD 0,545
0,0000
Weather:
Moscow 19 °C
Brazilia 12 °C
New Delhi 32 °C
Beijing 34 °C
Pretoria 13 °C
Cairo 30 °C
Tehran 32 °C
Abu Dhabi 33 °C
Menu
Broadcast «BRICSreport»
19 °C
Moscow
12 °C
Brazilia
12 °C
New Delhi
34 °C
Beijing
13 °C
Pretoria
30 °C
Cairo
32 °C
Tehran
33 °C
Abu Dhabi
RUB/USD
0,0114
0,0000
BRL/USD
0,1804
0,0000
INR/USD
0,1196
0,0000
CNY/USD
0,1367
0,0000
ZAR/USD
0,545
0,0000
TV BRICS Apps
Home
News
Videos
Podcasts
Menu
05:00 «BRICSreport»
05:00 «BRICSreport»
Now 16+
05:00

«BRICSreport»

05:15 «BRICSterview»
Next
05:15

«BRICSterview»

16+
05:45

Documentary film «Gold»

16+
06:15

«Special report»

16+
Иконка с часами 14 minutes 2 sec.
Ambassador of Ethiopia to Russia Uriat Cham Ugala/ “Joining BRICS is a growth opportunity for Ethiopia”
Иконка с часами 20 minutes 11 sec.
Douw Vermaak/ «Relations between Russia and South Africa are getting stronger»
Иконка с часами 8 minutes 22 sec.
Anthony Phiri, Harare Institute of Technology/"The world needs to work together to reduce greenhouse gas emissions"
19.07.2416:45 Society
Khanty-Mansi Autonomous Okrug explores life in BRICS+ countries 
18.07.2411:54 Society
TV BRICS projects to be available on popular entertainment media resources in the Western Balkans
11.07.2415:35 Society
Ethiopia's largest media holding company joins TV BRICS partner network
Saudi Arabia
12.06.24 09:05
Economics

Saudi Arabia's mining reforms gain global recognition

The Kingdom has created an investment-friendly environment

According to recent research, Saudi Arabia's mining sector has undergone reforms over the past five years, positioning it as the world's fastest-growing regulatory and investment environment. This is reported by Arab News.

The source stated that since the Kingdom's mineral reserves are estimated to be worth US$2.4 trillion, the goal is to establish mining as a core industry.

The news statement claims that the Kingdom has also made progress in terms of its legislative and regulatory framework, emerging as one of the world's top mining jurisdictions.

Beginning in 2018 with the adoption of a thorough mining plan, Saudi Arabia has launched several programmes to advance the mining industry.

Bandar Alkhorayef, Saudi Arabia's Minister of Industry and Mineral Resources, stated earlier this year that the kingdom had increased its estimates of undeveloped mineral resources, such as phosphates, gold, and rare earth metals, from a 2016 estimate of US$1.3 trillion to US$2.5 trillion.

Photo: iStock

Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data

MORE ON THE TOPIC

21.07.2413:30 Economics
Egypt and the UAE promote mutual agricultural investment programme
19.07.2418:15 Economics
South Africa allocates US$131 million for small business development
19.07.2414:17 Economics
Iran's economy to grow by 3.3 per cent in 2024
19.07.2413:30 Economics
The Indian Natural Farming System initiative begins in India
19.07.2410:30 Economics
UAE energy startups attract more funding
18.07.2417:12 Economics
Egypt to allocate US$659 million to the regions' development
Short
and to the point
Once a week we will cover news in the BRICS countries
By clicking on the "Subscribe" button, you agree to the processing of personal data