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In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for oil though, the dynamo of Saudi Arabia’s economy the past 80 years. It’s another potential source of wealth and influence the kingdom now has its eye on. Having already used its energy…
ALBAWABA – Saudi Arabia is looking to tap into an estimated $1.3 trillion worth of metals, amid the ongoing Saudi construction boom that is already
Having already used its energy riches to upend the worlds of sports, tourism and movies, Saudi Arabia’s Crown Prince Mohammed bin Salman is prepared to pour billions of dollars into tapping the more than $1.3 trillion of metals his government says is buried in places like this.
(Bloomberg) -- In scorching summer heat, Renier Swiegers marches through the desert toward a drilling rig. He’s not looking for oil, the dynamo of Saudi Arabia’s economy the past 80 years, though. It’s another potential source of wealth and influence the kingdom now has its eye on.Most Read from BloombergIndia’s Moment Has Arrived, and Modi Wants a New Global OrderFed Set to Double Its Economic Growth Forecast After Strong US DataSoaring US Dollar Raises Alarm as China, Japan Escalate FX Pushbac
RIYADH: A number of investment deals and initiatives to promote local content in the Kingdom’s public and private sectors were revealed on the first day of the Local Content Forum in Riyadh. Here are the key announcements made by participants of the forum. Local content enabler for industries “Local content is a concept that would definitely be an enabler for the industry. It