The Economist of the Middle East

Saudi Arabia has reported three arrangements in however many days as the oil-rich realm hopes to speed up the development of its metals and mining industry. On Tuesday, Saudi Bedouin Mining Co., known as Maaden, said it was purchasing a 21 percent stake in Aluminum Bahrain B.S.C. from a Saudi Fundamental Enterprises Corp. in an arrangement worth more than $1 …

Saudi Arabia tries to situate itself as a player in the worldwide environmentally friendly power area with an aggressive objective of obtaining 50% of its power from renewables by 2030. This responsibility remembers a significant venture for sun based energy, utilizing the country’s bountiful daylight. Before the decade’s over, Saudi Arabia intends to produce 58.7 gigawatts (GW) of sustainable power, …

Egypt is propelling designs to foster the Ras Banas area of distant shoreline on the Red Ocean with the end goal of drawing in enormous scope speculations, as per remarks by the lodging priest and a money service source. The Ras Banas region, a 30 km promontory across the Red Ocean from Saudi Arabia in the most distant south of …