Saudi minister discusses space cooperation with UK and India counterparts at WEF

Grant Shapps with Abdullah bin Amer Al-Swaha and Mohammed Al-Tamimi (SPA)
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Updated 20 January 2023
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Saudi minister discusses space cooperation with UK and India counterparts at WEF

RIYADH: Saudi Arabia’s minister for communications held talks with the UK’s business minister on the growing cooperation between the two countries on the sidelines of the World Economic Forum.

Abdullah bin Amer Al-Swaha met with Grant Shapps – also responsible for Britain’s energy and industrial strategy - in Davos, and the pair discussed the expansion of the strategic partnership in the fields of science, technology, and space, according to the Saudi Press Agency.

As well as meeting with the UK minister, Al-Swaha also held talks with Shri Ashwini Vaishnaw, the Indian federal minister for railways, communications, electronics and information technology.

The pair discussed strengthening the strategic partnership between Saudi Arabia and India in the areas of technology, innovation, and digital entrepreneurship.

The two meetings were also attended by Mohammed Al-Tamimi, the Saudi governor of the Communications, Space & Technology Commission.

The meetings came after Bandar Alkhorayef, the Saudi minister of industry and mineral resources, appeared on a panel with Shapps at the Future Minerals Forum held in Riyadh earlier in January.

The pair agreed that immediate collective action is required to combat climate change and achieve net-zero emissions during a discussion titled “Lands of Opportunity: Enabling Mineral Development in Africa, Western and Central Asia.”

Shapps said that there is significant scope for cooperation between the UK and Saudi Arabia in the clean-energy sector, and emphasized the importance of international collective action to achieve global goals related to the transition.


Saudi Arabia approves over 1k chemical permits, awards 172 mining licenses

Updated 56 min 22 sec ago
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Saudi Arabia approves over 1k chemical permits, awards 172 mining licenses

RIYADH: Saudi Arabia processed more than 1,000 chemical permit requests in November and awarded exploration rights for 172 mining sites in what the government described as its largest licensing round on record. 

The Ministry of Industry and Mineral Resources said it handled 1,095 chemical clearance requests during the month, including 1,041 approvals for non-restricted chemicals and 54 for restricted substances, covering 2,081 product classifications, the Saudi Press Agency reported. 

It forms part of ongoing efforts to accelerate the discovery and development of mineral resources valued at over SR9.4 trillion ($2.51 trillion), aligning with Vision 2030’s objective to position mining as the third pillar of the national industrial sector.   

Ministry spokesperson Jarrah Al-Jarrah explained that the chemical clearance service enables industrial investors to obtain import or export permits for chemicals used in manufacturing through the “Sanaei” digital platform.  

“He clarified that the service aims to ensure that chemical clearances for industrial facilities are granted through streamlined procedures and in a timely manner, thus serving investors and facilitating the entry of their materials through ports of entry,” the SPA report stated. 

Al-Jarrah explained that the service plays a critical role in enhancing industrial output by developing and automating permit procedures for production-related chemicals as part of the ministry’s digital services.  

In a separate development, the ministry announced that 24 domestic and international companies and consortiums won exploration licenses across 172 mining sites in Saudi Arabia, with 76 of those sites awarded through a multi-round public auction.   

These sites span three mineral belts in the Riyadh, Madinah, and Qassim regions, with committed exploration spending exceeding SR671 million during the first two years of project implementation.  

The ministry described this licensing round as the largest mining tender in the Kingdom’s history.   

The competition covered more than 24,000 sq. km across regions known for strategic minerals including gold, copper, silver, zinc, and nickel.   

Additionally, the ministry noted that 26 qualified companies participated through the electronic bidding platform, progressing through a transparent process that began with prequalification and culminated in competitive multi-round auctions.  

The ministry confirmed that these investments aim to develop untapped exploration zones and enhance the utilization of Saudi Arabia’s mineral wealth, strengthening global supply chains.   

It also announced plans to launch further exploration license tenders covering 13,000 sq. km across Madinah, Makkah, Riyadh, Qassim, and Hail, with additional opportunities to be revealed at the 5th Future Minerals Forum in Riyadh from Jan. 13 to 15.  

These efforts, the ministry stated, reflect a broader mining strategy focused on maximizing resource potential, attracting foreign investment, creating employment opportunities, and integrating value chains to establish Saudi Arabia as a global mining hub.