Saudi mining law will attract �incredible� private investment to $1.3tn sector
Arabnewsksa18 Sep, 2021News
RIYADH: Saudi Arabia?s new mining law will attract private investment from home and abroad as the Kingdom looks to exploit an estimated $1.3 trillion of potential value in the sector, according to Meshary Al-Ali, founder and CEO of mining consultancy Golden Compass. In January, the Kingdom moved to capitalize on the vast wealth hidden below ground in Saudi Arabia with the establishment of a mining fund and support for geological surveys and exploration program activities.
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