A flurry of meetings between Saudi Arabia and South Africa over the past year has culminated in discussions about or signed deals worth billions of dollars into Africa’s most industrialized country — and more corporate action is in the pipeline.
The rush of deal-making is part of a broader Gulf drive into Africa, with the United…
SATIC
Absa Group, one of the largest lenders in South Africa, will enter the UAE market in 2026 to tap into the increasing investment and business interests between the Middle East and Africa, Bloomberg reported.
The company is set to open an office in Dubai during the first quarter of 2026, pending regulatory approval, Yasmin Masithela, CEO…
President Bola Ahmed Tinubu has appointed executive and non-executive board members for the newly established Nigerian Independent System Operator (NISO).
Dr. Adesegun Akin-Olugbade is the board chairman, while Engineer Abdu Mohammed Bello has been appointed Managing Director.
The President has also appointed four Executive Directors: Engineer Nafisatu Asabe Ali for Systems Operation, Engineer Shehu Abba-Aliyu for Systems…
Saudi Arabia is planning to invest nearly 8.5 billion Saudi riyals ($2.26 billion) in gold and phosphate production projects in 2025, a newspaper reported on Tuesday.
The state-owned mining company Maaden will pump the investments in these projects which aim to develop the resources of these metals, Almal newspaper said.
The projects are part of long-term plans…
Saudi Arabia’s Ministry of Industry and Mineral Resources has announced the winning companies for its first mineralised belts licensing round, covering Jabal Sayid and Al-Hajjar sites. The winning companies include Noring Ajlan & Brothers
Mining Company for the Southern Al-Hijjar site and a consortium of ARTAR, Gold and Minerals Ltd. and Jacaranda
for the Northern Al-Hajar site,…
Al-Khuraiji conveyed to Deby and his people greetings and well wishes from King Salman and Crown Prince Mohammed bin Salman
AMDJARASS: Saudi Arabia’s Deputy Foreign Minister Waleed Al-Khuraiji met recently with Chad’s President Gen. Mahmat Idriss Deby Itno in Amdjarass.
Al-Khuraiji conveyed to Deby and his people greetings and well wishes from King Salman and Crown…