JEDDAH: Saudis are considering Aqaba as a promising investment environment, as sources say there is an opportunity to establish real estate development funds in Jordan by developing a range of promising sectors, including tourism, mining and manufacturing.
Custodian of the Two Holy Mosques King Salman, and King Abdallah of Jordan approved the establishment of a joint Jordanian-Saudi Council to develop strategic relations between the two Kingdoms during their recent meeting in Riyadh.
Sources pointed out that the Coordination Council for the two countries will meet at least once a month, and will deal with political, investment, security and military cooperation issues.
According to sources, the Coordination Council will supervise all agreements that were discussed in the Jordanian-Saudi summit on April 11.
Aqaba is new stop for Saudi investments
Aqaba is new stop for Saudi investments
Saudi industry minister visits Future Minerals Pioneers Bootcamp
- The event was designed to foster innovation, attract national and international talent, and transform promising ideas into practical solutions for the mining sector
RIYADH: Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef has visited the Future Minerals Pioneers Bootcamp in Riyadh.
The initiative was organized by the Ministry of Industry and Mineral Resources, in partnership with the National Industrial Development and Logistics Program.
The event was designed to foster innovation, attract national and international talent, and transform promising ideas into practical solutions for the mining sector, the Saudi Press Agency reported.
Alkhorayef highlighted the role of innovation in developing the mining sector during his visit, in line with the Kingdom’s economic diversification goals under Vision 2030.
He noted that global assessments of mining practices had reinforced the need for innovation and a sustainability-driven approach, positioning the Kingdom as an active contributor to shaping the sector’s future.
He said the initiative supported global cooperation and joint efforts to advance mining through modern technologies, innovation, and the updated regulatory frameworks, reflecting the Kingdom’s confidence in its ability to drive qualitative transformation in the industry.
Alkhorayef added that engaging with future minerals pioneers and competing on a global level was a key pillar of the development of the mining sector, both locally and internationally.
Participants at the event had refined their ideas and advanced their projects in preparation for their presentation to judging panels, supported by mentorship, collaboration, and knowledge exchange.
More than 12 workshops were held over the first two days, with around 30 expert mentors and specialists from partner entities providing guidance across different stages of project development.
The program also included seminars led by international experts focusing on innovating, solution development, presentation skills, and future trends in mining.
The event concluded with competitors submitting their final projects. Winners will be announced at the fifth Future Minerals Forum, scheduled for Jan. 13-15.
