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- Gold, silver panic sell-off in UAE driven by profit-booking, say jewellers
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- Abu Dhabi creates sovereign wealth giant with ADQ merger into L'IMAD
29/01/2026 04:26 AST
Saudi Arabia's Ministry of Industry and Mineral Resources had issued a total of 201 new mining licences in December last year as part of its efforts to develop the mining sector and enhance its contribution to diversifying the kingdom's national economy, reported SPA, citing its spokesperson.
The newly issued licences included 159 exploration licenses, 20 mining and small-scale mine exploitation licences, 18 building materials quarry licenses, two reconnaissance licenses, and two surplus mineral ore licenses, stated Jarrah Al Jarrah.
The total number of valid mining licenses reached 2,925 by the end of December, he added.
Trade Arabia
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02/02/2026
US private equity firm Carlyle has begun exploratory talks with UAE investors to ?bring in partners should its initial agreement to buy Russian firm Lukoil's international assets proceed, reported Re
Trade Arabia
02/02/2026
Bermuda, a British island territory in the North Atlantic Ocean, and Bahrain discussed ways to deepen collaboration in multiple potential sectors during the official visit of David Burt, JP, MP, the
Trade Arabia
02/02/2026
Abu Dhabi's Supreme Council for Financial and Economic Affairs (SCFEA) has issued a resolution to consolidate the assets and investments of L'IMAD Holding Company, and the Abu Dhabi Developmental Hol
Trade Arabia
02/02/2026
The UAE's non-oil foreign trade reached approximately AED3.8 trillion ($1.03 trillion) in 2025, recording growth of 27% compared to 2024 and 44.3% compared to 2023.
It also achieved growth
Trade Arabia
02/02/2026
Saudi Arabia's Ministry of Industry and Mineral Resources, in collaboration with the Ministry of Investment, has opened applications for the third round of the Exploration Empowerment Program, part o
SPA
Financial Information Co.
Saudi Arabia