Pakistan, Saudi Arabia eye Reko Diq deal at Riyadh mineral forum


Saudi Arabia is seeking to attract SR63.7bn worth of investment in mining industry by 2030 to help country capitalize on its wealth of mineral resources ISLAMABAD: Pakistan and Saudi Arabia are expected to make progress on a potential investment deal in the Reko Diq copper and gold project during a three-day mineral forum that began on Tuesday in Riyadh, an…

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Pakistan and Saudi Arabia Forge Stronger Ties Through Mutual Economic Endeavors


In a significant diplomatic development, Pakistan and Saudi Arabia have taken substantial strides towards enhancing their bilateral relations through a warm and insightful meeting between Prime Minister Anwaar ul Haq Kakar, Minister for Energy Muhammad Ali, and representatives from Aljomaih Holding. The meeting, attended by Sheikh Abdulaziz Hamad Al Jomaih and Shan Abbas Ashary, delved into crucial discussions regarding potential…

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$10b Saudi investment to arrive soon


Financing will go to oil refinery to be set up by Aramco either in Hub or Gwadar KARACHI, PAKISTAN: Caretaker Federal Minister for Energy, Power and Petroleum Mohammad Ali has said that Pakistan is actively engaged with Saudi Arabia for potential investment of around $10 billion in the oil refining sector, believing their efforts will bear fruit in a couple…

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Riyadh, Moscow talk oil amid ME crisis


MOSCOW: Saudi Arabia and Russia, the world’s top two oil exporters, on Wednesday discussed the situation on the oil market and prices amid the escalating conflict between Israel and Hamas, President Vladimir Putin’s top oil official said. Crude oil prices spiked in the wake of a massive incursion into Israel from Gaza launched by Hamas on October 7. Russian Deputy…

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Through utilizing the latest AI and reflecting a more Saudi identity


Saudia Enters a New Era Through Major Re-brand Strategy Jeddah, Saudia, the national flag carrier of Saudi Arabia, revealed its new brand identity and livery during a milestone event in Jeddah, in the presence of Royal Highnesses, Excellencies and leaders from both the public and private sectors, as well as prominent media correspondents and aviation experts. This new identity is in…

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Oil-rich Gulf bets on ‘green’ hydrogen


DUBAI: After riding a fossil-fuel boom for decades, Gulf Arab states are eyeing “green” hydrogen as they try to transition their economies and ease the climate crisis at a stroke. Oil producers Saudi Arabia, the United Arab Emirates and Oman are investing heavily in the climate-friendly fuel in a search for alternative revenues to crude and gas. Green hydrogen, which…

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