Saudi Arabia increases mineral potential projections by 90% to $2.5tn

Minister of Industry and Mineral Resources Bandar Alkhorayef highlighted that the revision is based on discoveries related to rare earth elements and an upswing in mineral volumes. AN Photo
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Updated 10 January 2024
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Saudi Arabia increases mineral potential projections by 90% to $2.5tn

RIYADH: Saudi Arabia has elevated its projections for undiscovered mineral potential by 90 percent to $2.5 trillion, as stated by the minister of industry and mineral resources.  

Speaking during the opening remarks of the third Future Minerals Forum, Bandar Alkhorayef highlighted that the revision is based on discoveries related to rare earth elements and an upswing in mineral volumes.  

The minister said: “I am delighted to announce that our estimation for the Kingdom’s untapped mineral potential has increased from $1.3 trillion to $2.5 trillion, an increase of 90 percent.”   

He added: “This is based on new discoveries in the form of rare earth elements and the combination of the increase of volumes in phosphate, gold, zinc and copper as well as the revaluation of these minerals.” 

Alkhorayef further explained that this is only built on 30 percent of the Arabian Shield exploration suggesting that there is more to be discovered. In addition, it clearly shows that with more investment in exploration, it is possible to maximize the endowment potential.  

The minister also announced that the forum will witness signing of deals worth SR75 billion ($20 billion), driving research and development technology upstream and other value chain opportunities.  

“Today, we are at a historical point where minerals are at the spotlight as vital elements for the energy transition, food security and for global development,” Alkhorayef said.  

The minister also expressed his delight as he revealed many key initiatives, beginning with the exploration incentive program in partnership with the Ministry of Investment, which has a budget of more than $182 million.  

“This program will de-risk investments in our exploration securing to enable new commodities, greenfield projects, and junior miners. In addition, and to drive the existing future of the exploration sector, we are announcing the fifth and sixth rounds of licensing programs offering access to 33 exploration sites this year,” he continued.  

Looking at exponential progress made on the key initiatives the Kingdom agreed on last year, Alkhorayef announced to offer country-sized sites for exploration beginning with the Jabal Sayid Mineral Belt spanning over 4,000 sq. km.  

During the high-level ministerial roundtable meeting on Tuesday, Alkhorayef stated that the Kingdom has endorsed a detailed roadmap for the development of a regional critical mineral framework to promote global collaboration and maximize value creation in supplier countries.  

“We agreed on further work on exploring value chain creation opportunities for green metal hubs in the region, enabled by new technologies and renewable energy which we consider draft sustainability, expectations to be incorporated into the framework,” the minister said.  

He added: “We endorsed a roadmap for the creation of Mineral Innovation and Acceleration Park, the first phase of a global network of centers of excellence. All of this is proof that we are turning talk into action.”  


GEA announces comedian lineup for Riyadh Comedy Festival in September

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GEA announces comedian lineup for Riyadh Comedy Festival in September

  • Award-winning Hollywood actor Chris Tucker, critically acclaimed performer Pete Davidson, and Emmy-award-winning Aziz Ansari are among over 50 top comedians performing in Riyadh

LONDON: Turki Alalshikh, chairman of Saudi Arabia’s General Entertainment Authority, announced on Monday the lineup of stand-up comedians who will perform at the inaugural Riyadh Comedy Festival in September.

Award-winning Hollywood actor Chris Tucker, critically acclaimed performer Pete Davidson, and Emmy-award-winning Aziz Ansari are among over 50 top comedians from around the world who will be performing at Boulevard City in the capital, Riyadh, from September 26 to October 9.

Tom Segura, known for Netflix specials like Ball Hog and Bad Thoughts, will star at the two-week festival, joined by popular podcast hosts Andrew Santino and Bobby Lee, Emmy-nominated writer Nimesh Patel, late-night favorite Sam Morril, and UK actor Omid Djalili, recognized for his global stand-up performances.

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This year’s Riyadh Comedy Festival will also feature Chris Distefano, who recently released his special It’s Just Fortunate; Mark Normand, known for his Netflix special Soup To Nuts; Hannibal Buress, a veteran writer and comedian; Louis C.K., a six-time Emmy and three-time Grammy winner; and Jimeoin, recognized for his observational comedy.

The comedians listed are among the first 26 artists to confirm their participation in the festival this week. The Riyadh Comedy Festival will also announce additional performers in the coming weeks.

Confirmed acts also include Andrew Schulz, Bill Burr, Bobby Lee, Gabriel ‘Fluffy’ Iglesias, Jessica Kirson, Jimmy Carr, Jo Koy, Kevin Hart, Maz Jobrani, Russell Peters, Sebastian Maniscalco, Whitney Cummings, and Zarna Garg.


Landmark Saudi-French peace summit signals growing international consensus for Palestinian statehood

Updated 17 min 16 sec ago
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Landmark Saudi-French peace summit signals growing international consensus for Palestinian statehood

  • Global representatives are attending a conference at the UN in New York to revive hopes for a two-state solution
  • Summit delegates demanded a Gaza ceasefire, unrestricted aid delivery, and accountability for Israeli attacks

DUBAI/LONDON: The first day of the High-Level International Conference for the Peaceful Settlement of the Question of Palestine sent a unified message: the path toward Palestinian statehood is taking shape, with international actors working to chart what France’s foreign minister described as an “irreversible political path” to a two-state solution.

Co-hosted by Saudi Arabia and France at the UN from July 28 to 30, the conference seeks to revive global momentum around Palestinian recognition — momentum that has waned amid Israel’s military campaign in Gaza triggered by the Hamas-led Oct. 7, 2023, attacks.

“This is a historic stage that reflects growing international consensus,” Saudi Foreign Minister Prince Faisal bin Farhan told a near-capacity hall on Monday, adding that the gathering aims to shift the international atmosphere decisively toward a two-state solution.

“This is not simply a political position. Rather, this is a deeply entrenched belief that an independent Palestinian state is the true keys to peace,” which he said he envisioned in the form of the Arab Peace Initiative, presented by Saudi Arabia and adopted by the Arab League in Beirut in 2002.

The conference comes days after French President Emmanuel Macron pledged to officially recognize the State of Palestine at the UN General Assembly in September — a move that would make France the first G7 country to do so.

The US, however, declined to participate, saying in a memo that the meeting was “counterproductive to ongoing, life-saving efforts to end the war in Gaza and free hostages.”

Washington added that it opposes “any steps that would unilaterally recognize a conjectural Palestinian state,” arguing such moves introduce “significant legal and political obstacles” to resolving the conflict.

Israel, which faces mounting international pressure over the humanitarian crisis in Gaza — where the UN says starvation is taking hold — also boycotted the meeting.

French Foreign Minister Jean-Noel Barrot said the wide attendance at the conference proved “the consensus and the mobilization of the international community around the appeal for an end to the war in Gaza.” He urged participants to view the gathering as “a turning point — a transformational juncture for implementing the two-state solution.”

“We have begun an unprecedented and unstoppable momentum for a political solution in the Middle East, which is already beginning to bear fruit,” Barrot said, citing tangible steps such as “recognition of Palestine, normalization and regional integration of Israel, reform of Palestinian governance, and the disarmament of Hamas.”

While the 1947 UN Partition Plan originally proposed separate Jewish and Arab states, Israel’s far-right government continues to reject any form of Palestinian statehood, advocating instead for the permanent annexation of land and, in some cases, the expulsion of Palestinian residents.

“This conference does not promote a solution, but rather deepens the illusion,” said Danny Danon, the Israeli ambassador to the UN, on Monday, accusing organizers of being “disconnected from reality” by prioritizing Palestinian sovereignty over the release of hostages and the dismantling of Hamas.

The future of Hamas and Israeli settler violence dominated discussions on the first day and are expected to remain a focus throughout the conference.

Juan Manuel Santos, the former Colombian president and Nobel Peace Prize laureate, told the conference that the current Israeli government is “pursuing a greater Israel through the destruction of Gaza, illegal settlement expansion and the annexation of the occupied West Bank and East Jerusalem.”

He called on nations to recognize the State of Palestine, saying it would send a clear message that Israel’s “expansionist agenda will never be accepted and does not serve their true interests.”

Intervening on the issue, Palestinian Prime Minister Mohammad Mustafa described Gaza as the “latest and most brutal manifestation” of the crisis.

“The idea that peace can come through the destruction or subjugation of our people is a deadly illusion,” he said, arguing that the Palestinian people — and not Hamas — “have demonstrated an ironclad commitment to peace in the face of brutal violence.”

Israel has defended its actions as essential to national security and has signaled its intention to maintain military control over Gaza and the West Bank after the war. But on Monday, several speakers insisted that true security cannot exist without peace.

“Just as there can be no peace without security, there can be no security without peace,” said Italian representative Maria Tripodi.

Participants proposed building an inclusive regional security framework modeled after the OSCE or ASEAN, focused on negotiations and policy rather than military control.

Qatar’s representative emphasized that while a ceasefire and increasing the flow of humanitarian aid remain the immediate goals, lasting peace requires a two-state solution, tackling root causes, protecting independent media, and countering hate speech.

Egyptian Foreign Minister Badr Abdelatty said Cairo has “intensified efforts” to end the war, resume aid, and provide security training to forces that could help create the conditions for a viable Palestinian state.

The humanitarian crisis in Gaza loomed large over discussions. With the territory’s health and food systems in a state of collapse, the UN has warned that famine is already unfolding in parts of the enclave, where hundreds of thousands remain trapped.

Despite mounting international pressure, Israel has maintained tight control over land access and aid convoys, increasing the allowance of humanitarian convoys entering the enclave on Sunday — efforts that humanitarian groups say are insufficient, erratic, and dangerous.

Ahmed Aboul Gheit, secretary-general of the Arab League, warned that “a new Middle East will never emerge from the suffering of Palestinians.” Peace, he said, will not come through “starvation, deportation or total suppression,” and cannot exist while occupation and apartheid persist.

Prince Zeid Ra’ad Al-Hussein, former UN high commissioner for human rights, urged the international community to define a clear and pragmatic plan for a new and independent Palestine.

“A vision is not for today’s emotional audit,” he said, but for a new tomorrow for both Israel and Palestine. This is why, “a two-state solution would have to be practical to gain support” and “wholesale vagueness about the end game is not strategic; it is dangerous.”

He advocated for a “cleverly designed, regionally anchored security arrangement to prevent unilateral abrogation as a first urgent transitional step” in addition to a reconstruction and rehabilitation mission with an international mandate.

Addressing delegates, UN Secretary-General Antonio Guterres said the conflict had reached a “breaking point,” and urged a shift from rhetoric to concrete action.

Nothing justifies “the obliteration of Gaza that has unfolded before the eyes of the world,” he said, listing illegal settlement expansion, settler violence, mass displacement and the annexation drive as elements of a “systemic reality dismantling the building blocks of peace.”

He called for an immediate end to unilateral actions undermining a two-state solution, and reaffirmed the UN vision of two sovereign, democratic states living side-by-side in peace, based on pre-1967 borders and with Jerusalem as a shared capital.

“This remains the only framework rooted in international law, endorsed by this Assembly, and supported by the international community,” he said. “It is the only credible path to a just and lasting peace between Israelis and Palestinians. And it is the sine qua non for peace across the wider Middle East.”

 


Hamas must surrender Gaza control, disarm: Palestinian PM

Updated 29 min 53 sec ago
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Hamas must surrender Gaza control, disarm: Palestinian PM

  • Mohammad Mustafa made the statement at UN conference on the two-state solution for Israel and the Palestinians

Palestinian prime minister Mohammad Mustafa said Monday that Hamas must disarm and give up control of Gaza to the Palestinian Authority to restore security in the war-torn territory.
“Israel must withdraw completely from the Gaza Strip and Hamas must relinquish its control over the strip and hand over its weapons to the Palestinian Authority,” Mustafa said at a conference on the two-state solution for Israel and the Palestinians at the United Nations in New York.


Al-Masmak Palace Museum tells story of Saudi unification

Under royal directive, Al-Masmak opened as a museum in 1995, narrating the story of the Kingdom’s founding. (SPA)
Updated 48 min 56 sec ago
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Al-Masmak Palace Museum tells story of Saudi unification

  • In 1979, King Salman bin Abdulaziz, then governor of Riyadh region, directed that the fort be preserved and restored as a national landmark

RIYADH: Located in the Al-Thumairi neighborhood, Al-Masmak Palace Museum stands as a powerful symbol of Saudi Arabia’s unification and its founding era under King Abdulaziz bin Abdulrahman Al-Saud.

The fort was originally built in 1865 during the reign of Imam Abdullah bin Faisal bin Turki bin Abdullah bin Mohammed bin Saud.

Under royal directive, Al-Masmak opened as a museum in 1995, narrating the story of the Kingdom’s founding. (SPA)

On the morning of Jan. 15, 1902), King Abdulaziz Al-Saud recaptured Riyadh from within its walls, marking the beginning of the Kingdom’s unification. The fort was used to store weapons and ammunition before being restored as a historic and cultural monument.

Al-Masmak spans 3,885 sq. meters and is constructed from clay mixed with straw, with a stone foundation. Its exterior walls are plastered with clay, while gypsum decorates the interior.

Under royal directive, Al-Masmak opened as a museum in 1995, narrating the story of the Kingdom’s founding. (SPA)

The building has two floors and around 44 rooms, including six courtyards, a mosque, majlis (traditional sitting room), a water well and three residential wings for the ruler, the treasury and guests.

It features a western gate made of palm and tamarisk trunks which stands 3.6 meters high and 2.65 meters wide. A smaller opening, the khooqah, is built into the gate for controlled access.

The Historical Riyadh Hall documents the city’s development through maps and historical photos. (SPA)

Surveillance points were also designed as protruding wall openings resembling wooden boxes. Inside, geometric plasterwork in triangles and circles is inspired by nature, with motifs such as palm trees, stars and crescents.

The palace also includes four corner towers for defense, an interior mosque with a mihrab, a square observation tower called Al-Murabba, and various decorative and structural elements consistent with Najdi architectural styles.

The fort was used to store weapons and ammunition before being restored as a historic and cultural monument. (SPA)

In 1979, King Salman bin Abdulaziz, then governor of Riyadh region, directed that the fort be preserved and restored as a national landmark. The site was handed over to the General Directorate of Antiquities and Museums in 1983.

Under royal directive, Al-Masmak became a museum narrating the story of the Kingdom’s founding which officially opened on June 11, 1995.

The Historical Riyadh Hall documents the city’s development through maps and historical photos. (SPA)

There are sections such as Al-Masmak Conquest Hall, which recounts a historic battle and features old maps, weapons and rare photographs. The audiovisual hall shows a documentary in two languages, while the Pioneers Hall honors the men who helped recapture Riyadh. The Historical Riyadh Hall documents the city’s development through maps and historical photos.

Other exhibition areas include the Well Courtyard, displaying traditional tools and cannons used by the army. Al-Masmak Fort Hall has models and information panels, and Al-Masmak Usage Hall presents the fort’s evolving roles.

The Historical Riyadh Hall documents the city’s development through maps and historical photos. (SPA)

 Display cases throughout the museum feature artifacts such as traditional weapons, garments and construction tools, giving visitors a glimpse into the Kingdom’s cultural journey.

Today, Al-Masmak continues its mission under the Ministry of Culture and Museums Commission, following extensive modernization and efforts.

It remains a vital educational and national landmark, preserving and presenting one of the Kingdom’s most defining moments.

 


Healthy snacking habits on the rise in Saudi Arabia

Freeze-drying has emerged as a popular way to process fruits to ensure more goodness is retained. (Supplied/Unsplash)
Updated 49 min 1 sec ago
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Healthy snacking habits on the rise in Saudi Arabia

  • Government programs are tackling obesity issues in the Kingdom, says expert
  • Traditional snacks are being modernized and made healthier

RIYADH: Health-conscious consumers are turning to new versions of traditional snacks in order to tackle obesity in the Kingdom.

Freeze-drying has emerged as a popular way to process fruits in a move away from traditional drying with heat, which can cause nutrients such as vitamins, antioxidants and fiber to be depleted. Freeze-drying causes less degradation and ensures more goodness is retained.

“When I first tried freeze-dried strawberries, I loved them,” Riyadh resident Abdullah Saud told Arab News. “Because I have diabetes I am not allowed to consume a lot of sugar or fruits, but the strawberries are great. They are not sugary, for my taste.”

HIGHLIGHTS

• Public health physician Dr. Zahra’a Al-Ahmed, who specializes in nutrition, warned that while freeze-dried fruit retained structure and flavor, it could still be high in calories.

• The Saudi Food and Drug Authority’s Healthy Food Promotion Initiative is reducing unhealthy additives in food products to improve nutritional labeling.

• Dates are an option for a classic Saudi snack, widely popular due to their cultural and religious significance.

However, public health physician Dr Zahra’a Al-Ahmed, who specializes in nutrition, warned that while freeze-dried fruit retained structure and flavor, it could still be high in calories.

Speaking to Arab News about snacking habits and the shift to healthier options, she said: “Similar to many other nations, Saudi Arabia has major issues with diabetes, obesity and heart disease. These non-communicable diseases are frequently associated with poor eating habits, such as consuming too many processed snacks that are heavy in sodium, sugar and bad fats.”

The trend towards healthier choices indicated the community was increasingly aware of these risks and was making the effort to reduce such problems, she said: “Low-calorie, sugar-free, gluten-free, high-fiber and protein-rich products are among the clean label options that consumers are actively looking for.”

Al-Ahmed said consumers’ snacking habits in the Kingdom were changing thanks to various programs that “encourage improved eating habits towards mindful eating.”

One such scheme is the Saudi Food and Drug Authority’s Healthy Food Promotion Initiative, which aims to reduce unhealthy additives in food products and improve nutritional labeling, encouraging consumers to make informed decisions.

Al-Ahmed explained that people’s consumption habits were influenced by multiple factors, including socioeconomic status, education level and social as well as emotional triggers.

Despite improving attitudes towards diets in the Kingdom, unhealthy snacks are still popular, especially among college students and young adults. More programs targeting these groups were needed, she added.

Dates are another option for a classic Saudi snack, widely popular due to their cultural and religious significance. They have always been valued for their natural sweetness and nutritional benefits, and new, healthier versions are being found in cafes and on supermarket shelves.

From chocolate-covered Ajwa dates to those stuffed with almonds, pistachios or peanut butter, the much-loved fruit is finding favor in new forms.

“I love date bars — healthy and tasty — and I make a lot for myself and for my family instead of buying regular chocolate at the supermarket,” said Munirah Al-Fahad, from Riyadh. “It gives me the same taste but with less sugar and (fewer) fats.”

She revealed: “The base for this snack is dates, followed by a layer of peanut butter, then topped by chocolate mixed with nuts. I leave it after that in the refrigerator to cool for two hours, sometimes less.”