Proposals invited to improve Saudi mining sector laws

Proposals invited to improve Saudi mining sector laws
An employee walks in a phosphate storage facility in the Maaden Aluminium Factory in Ras Al-Khair Industrial area near Jubail City. (File/AFP)
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Updated 11 November 2020

Proposals invited to improve Saudi mining sector laws

Proposals invited to improve Saudi mining sector laws

RIYADH: The Saudi Ministry of Industry and Mineral Resources on Tuesday issued the draft of executive regulations for investments in the Kingdom’s mining sector.
The draft has been made available on the ministry’s website for potential investors to allow them to review the regulations and express their opinions and submit proposals to the authorities.
Suggestions can be submitted until Nov. 30. The ministry will then review all proposals and comments and make necessary changes if it sees fit. Potential investors can log on to https://istitlaa.ncc.gov.sa/ar/Pages/default.aspx to submit their suggestions.
Saudi Arabia is planning to accept new mining license applications in December 2020.
The government recently announced a comprehensive revision of the Saudi Mining Investment Law that provides a robust and transparent legal framework for the mining sector.


Saudi royals offer condolences to Indonesia’s quake victims

Saudi royals offer condolences to Indonesia’s quake victims
Updated 19 January 2021

Saudi royals offer condolences to Indonesia’s quake victims

Saudi royals offer condolences to Indonesia’s quake victims
  • At least 56 people were killed and 820 injured in the quake that left 15,000 people displaced

RIYADH: The Saudi King and Crown Prince have offered their condolences to President Joko Widodo of Indonesia after an earthquake measuring 6.2 on the Richter scale hit Sulawesi island on Friday, state news agency SPA reported.

According to the disaster mitigation agency (BNPB) at least 56 people were killed and 820 injured in the quake that left 15,000 people displaced.

King Salman and Crown Prince Mohammed bin Salman offered their sympathy to the families of those killed and wished a speedy recovery for the injured.