Saudi Arabia opens 3rd round of Exploration Empowerment Program

The third round of the Exploration Empowerment Program offers a comprehensive support package targeting exploration companies and mineral prospecting license holders. SPA.
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Updated 01 February 2026
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Saudi Arabia opens 3rd round of Exploration Empowerment Program

RIYADH: 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 of ongoing efforts to accelerate mineral exploration in the Kingdom, reduce early-stage investment risks, and attract high-quality investment from local and international mining companies.

The third round of the Exploration Empowerment Program offers a comprehensive support package targeting exploration companies and mineral prospecting license holders.

The initiative aims to lower investment risks for projects and support a faster transition from prospecting to development.

"The program provides coverage of up to 70 percent of the total salaries of Saudi technical staff, such as geologists, during the first two years, increasing to 100 percent thereafter, in line with program requirements.

This support aims to develop talent, build national capabilities in mineral exploration, promote job localization, and facilitate the transfer of geological knowledge.

The application for the third round opened on Jan. 14, allowing participants to benefit from the Kingdom’s attractive investment environment, its stable legal framework, and streamlined regulatory structures, as well as integrated infrastructure that supports the transition from mineral resources to operational mines.

The ministry has set the timeline for the third round, with the application period running from Jan. 14 to March 31.

This will be followed by the evaluation, approval, and signing of agreements from April 1 to May 31, with the eligible projects set to be announced between June 1 and July 31 of the same year.

The program stages include submitting exploration data during the reimbursement and payment phase from Sept. 1 to Nov. 30, followed by technical and financial verification of work programs and approval of the disbursement of support funds in January 2027.

The exploration data will then be published on the National Geological Database in April 2027.

The ministry emphasized that the EEP focuses on supporting the exploration of strategically important minerals with national priority. It also contributes to enhancing geological knowledge by providing up-to-date data that meets international standards, helping investors make informed decisions and supporting the growth of national companies and local supply chains.

The ministry urged companies to apply early to benefit from the program’s third round, which coincided with the fifth edition of the International Mining Conference, which was held from Jan. 13 to 15.


Qatar issues 28k commercial registrations in 2025, up 57%

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Qatar issues 28k commercial registrations in 2025, up 57%

JEDDAH: Qatar reported the issuance of nearly 28,000 commercial registrations in 2025, marking a 57 percent annual increase, according to official data.

The announcement came during the Ministry of Commerce and Industry’s fourth quarterly performance review for 2025, according to Qatar News Agency, or QNA.

The meeting was chaired by Sheikh Faisal bin Thani bin Faisal Al-Thani, minister of commerce and industry, and attended by Minister for Foreign Trade Ahmed bin Mohammed Al-Sayed, Undersecretary of the MoCI Mohammed bin Hassan Al-Malki, as well as assistant undersecretaries and department directors.

The growth in commercial registrations aligns with Qatar National Vision 2030, the country’s long-term development framework aimed at transforming the economy into a diversified, competitive, knowledge-based system that reduces dependence on hydrocarbons and expands private sector participation.

The trade sector has exhibited notable progress. The ministry issued 28,000 commercial registrations in 2025, alongside 34,500 business licenses, up 53 percent from 2024.

Additionally, 16 auditors were registered, and eight accounting firms and offices were licensed during the year.

The ministry’s Single-Window business service portal continued to expand its services, introducing 26 new initiatives in 2025. A total of 239,593 transactions were processed through the platform, 93 percent of which were completed electronically, reflecting the efficiency of digital transformation efforts, QNA reported.

“Customer satisfaction with electronic services reached 95 percent in the fourth quarter,” the agency added.

In attracting foreign investment, 12,449 non-Qatari companies were established in 2025, representing a 600 percent increase compared to 2024, highlighting the attractiveness of Qatar’s investment environment and investor confidence.

Intellectual property protection also improved. In 2025, 255 patents were granted, a 6 percent increase from the previous year, while trademark registrations reached 9,218, up 23 percent, and 258 copyright registrations were granted, an 89 percent increase on 2024.

In the industry and business development sector, manufacturing contributed approximately 14.2 billion Qatari riyals ($3.9 billion) to gross domestic product in the third quarter of 2025. The sector expanded with 39 new factories registered during the year, and the readiness of 100 factories was assessed under the Smart Industry Readiness Index.

Investments in new factories in the fourth quarter totaled 758 million riyals, while cumulative industrial sector investment reached 270 billion riyals.

To improve the business environment and support the private sector, QNA added that 10 public-private partnership projects were reviewed in 2025.

Licensing procedures for industrial permits, preliminary approvals, and customs exemptions for factory inputs were reduced to one working day in the fourth quarter.

In the consumer sector, efficiency improved with 18,400 special permits issued for discounts and promotions, a 26 percent increase from 2024, and processing times were reduced to less than one working day.

The average time to process price increase requests decreased from two days to one day in the fourth quarter, with an annual average of 25 days in 2025, a 63 percent reduction from 2024.

Additionally, 229,000 inspections were conducted during the year, with violations recorded in 19 percent of establishments, mostly due to absence from registered locations.

Consumer complaints totaled 23,400 and were fully resolved. Support programs benefited 450,000 recipients under food supply programs and 8,535 recipients under fodder support during the fourth quarter.

Concluding the meeting, the minister emphasized the importance of maintaining an integrated institutional approach focused on enhancing efficiency, accelerating digital transformation, and improving service quality to boost national economic competitiveness and achieve the objectives of Qatar National Vision 2030.