Mining
Saudi Arabia’s Non-Oil Sector Surpasses 50% GDP Share
In a remarkable shift within its economy, Saudi Arabia's non-oil sector has eclipsed the 50% mark of the nation's GDP for the first time in 2023. It surged from a 47.4% share in 2015 to 51.7% over the span of eight years.Following the inception of the 'Vision 2030' program in 2016, the Kingdom has undergone substantial advancements, leading to the...
Saudi Arabia Amplifies Mining Prospects for 2024
The Kingdom of Saudi Arabia is set to bolster its mining sector, with anticipations of burgeoning investment opportunities earmarked for 2024.In the sector's fifth exploration phase, attention will be centered on six distinct sites, where the focus will be on unearthing gold, copper, and zinc, covering an expanse of 940 square kilometers.Abdulrahman AlBelushi, the Assistant Deputy Minister for Mining Enablement...
