Tag: Saudi-Arabia

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

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Reko-Diq

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 energy ministry official said. A high-level Pakistani delegation led by caretaker Energy Minister Muhammad Ali is attending the Future Minerals Forum (FMF), a platform to promote mineral value chains in…

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Pakistan and Saudi Arabia Forge Stronger Ties Through Mutual Economic Endeavors

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Pak-SA

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 investment opportunities in Pakistan, aimed at fostering economic cooperation between the two nations. The engagement was marked by a spirit of collaboration and brotherhood, reaffirming the enduring ties between Pakistan…

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$10b Saudi investment to arrive soon

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Saudi-investment

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 of months. Talking to media on sidelines of “The Future Summit – The Big Picture” on Wednesday, the minister dismissed the impression that there were mere talks while nothing concrete…

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Riyadh, Moscow talk oil amid ME crisis

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Oil price

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 Prime Minister Alexander Novak greeted Saudi Arabia’s Minister for Energy Prince Abdulaziz bin Salman in Moscow on Wednesday ahead of the “Russian energy week” conference in Moscow, which Putin will…

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Through utilizing the latest AI and reflecting a more Saudi identity

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Saudia-Group

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 line with a wider strategic digital transformation plan aimed at strengthening the airline’s support for the Kingdom’s Vision 2030 to bring the world to Saudi Arabia. The rebrand marks the…

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