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Saudi conglomerate signs pacts at African mining meet Indaba

US venture capital firm launches Riyadh-based accelerator program

RIYADH: Techstars, a US venture capital firm, announced a new partnership to continue the Techstars Riyadh Accelerator in collaboration with the Saudi Ministry of Communications and Information Technology, Raed Ventures and the National Bank of Saudi Arabia. The accelerator focuses on startups in the Middle East and North Africa that are establishing and growing their

Saudi stock market could play key role in securing mining investment, private equity guru tells Future Minerals Forum

RIYADH: Global mining companies should raise funds through the Saudi stock exchange in order to fuel investment in the Kingdom, according to a leading private equity figure. Speaking at the Future Minerals Forum in Riyadh, Ross Bhappu, partner and head of private equity at Resource Capital Funds, praised Saudi Arabia for creating a dependable environment for investors looking

Future Minerals Forum showcases rapidly changing face of Saudi Arabia s mining sector

RIYADH: Saudi Arabia, a nation which has been dependent on oil for several decades, is now on a path of transformation as the Kingdom’s Vision 2030 aims to diversify its economy by giving importance to sectors like mineral excavation and tourism. With mining touted to be a central part of these economic diversification efforts, Saudi Arabia is hosting the second edition of the

KSA to issue exploration licenses for Umm Ad Damar project in November

JEDDAH: The Saudi Geological Survey has completed the pre-qualification phase to award the exploration license for Umm Ad Damar mining project and the winning bidder will be notified by the end of November, the CEO of SGS said on Tuesday. Talking to Arab News on the sidelines of Umm Ad Damar Bidder’s Conference, Abdullah Al-Shamrani said the second round of the auction is

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