An image of the Tethyan Copper Company (TCC) gold and copper mining exploration project site in Reko Diq, Balochistan. -TCC Manara is preparing to buy a stake for around $500 million to $1 billion: FT. A Saudi investment would be good for the project: the head of Barrick. The Saudi Minister of Mines confirms that … Read more
A representative image of an open pit mine. —Reuters/File A Gulf country will initially obtain 10% of the shares. Foreign exchange will be introduced into Pakistan. Revised valuation of project shares in the works. ISLAMABAD: Pakistan and the Kingdom of Saudi Arabia (KSA) are set to finalize details of the multi-billion dollar Reko Diq project … Read more
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef speaks during an interview with Reuters at the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. — Reuters Exploring how we can help Pakistan in certain infrastructure: minister. According to him, without infrastructure, the economic aspects of the transaction are not attractive. Malik … Read more
Muslim pilgrims circle the Kaaba as they perform Tawaf at the Grand Mosque, during the annual Hajj pilgrimage, in Mecca, Saudi Arabia. — Reuters/File Pakistan introduces a short Hajj program of 20 to 25 days. Pilgrims should choose accommodation in Medina for 4 to 8 days. Saudi minister assures better facilities to Pakistani pilgrims. Pakistan … Read more
An image of the Tethyan Copper Company (TCC) gold and copper mining exploration project site in Reko Diq, Balochistan. -TCC The Minister of Oil rejects media reports on the participation of Reko Diq. The government is having positive discussions with the kingdom in this regard: Malik. “A deal with Saudi Arabia on Reko Diq shares … Read more
An aerial view of the Reko Diq mine in Balochistan. —Reuters/File Saudi Arabia will acquire 15% of the capital in two phases. A first tranche of $330 million will soon be transferred. Reko Diq has 5.9 billion tonnes of copper-gold ore reserves. ISLAMABAD: The government has approved the sale of 15% stake in the Reko … Read more
Sam Marsden, Barcelona correspondentDecember 27, 2024, 6:33 a.m. ET Frenkie de Jong‘s agent has denied rumors linking the midfielder with a move to Saudi Arabia and said he remains fully focused on his success with Barcelona. Editor’s Choice 2 Related Reports from Spain claimed that Ali Dursun, who represents De Jong, has spoken with several … Read more
General view of the Aramco oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. — Reuters RIYADH: Saudi Arabia has successfully extracted lithium from brine samples from national giant Aramco’s oil fields and plans to launch a commercial direct extraction pilot program soon, Saudi Arabia’s deputy minister of Mining affairs. Lithium Infinity, … Read more
Interior Minister Mohsin Naqvi (left) and Saudi Interior Minister Abdulaziz bin Saud bin Naif. – APPLICATION Naqvi discusses security interests with his Saudi counterpart. Both leaders emphasize strengthening bilateral collaboration. Reaffirm its determination to cooperate on anti-narcotics measures. ISLAMABAD: Pakistan and Saudi Arabia on Tuesday highlighted strengthening bilateral collaboration, particularly in combating drug trafficking and … Read more
Interior Minister Mohsin Naqvi meets with Saudi Minister of State for Interior Khalid Mohammed Abdullah Al Battal in Riyadh on Sunday, December 15, 2024. — APP Naqvi meets with the head of public security, Lieutenant General Al-Bassami. He visits the General Directorate of the Public Security Police. Congratulates Saudi Arabia for hosting the 2034 FIFA … Read more