Saudi Arabia on Mining

2023 was characterised by a shift in the global macroeconomic regime, with inflation rising across developed economies and central banks responding with several rounds of monetary tightening.

On 30 October 2022, the Saudi Arabian Minister of Industry and Mineral Resources announced that Saudi Arabia is planning to auction five new mining exploration...

Saudi Arabia has in recent years been under scrutiny as a major player in the oil-based carbon economy, but it is now drawing praise for its strategic shift towards the discovery and extraction of minerals and metals.