Saudi Arabia Inks Mining Agreements with Several Govts at Fourth Future Minerals Forum

The Saudi Ministry of Industry and Mineral Resources signed a series of MoUs and cooperation agreements with six countries during the fourth Ministerial Roundtable, the flagship opening meeting of the Future Minerals Forum. (SPA)
The Saudi Ministry of Industry and Mineral Resources signed a series of MoUs and cooperation agreements with six countries during the fourth Ministerial Roundtable, the flagship opening meeting of the Future Minerals Forum. (SPA)
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Saudi Arabia Inks Mining Agreements with Several Govts at Fourth Future Minerals Forum

The Saudi Ministry of Industry and Mineral Resources signed a series of MoUs and cooperation agreements with six countries during the fourth Ministerial Roundtable, the flagship opening meeting of the Future Minerals Forum. (SPA)
The Saudi Ministry of Industry and Mineral Resources signed a series of MoUs and cooperation agreements with six countries during the fourth Ministerial Roundtable, the flagship opening meeting of the Future Minerals Forum. (SPA)

The Saudi Ministry of Industry and Mineral Resources signed on Tuesday a series of memoranda of understanding (MoUs) and cooperation agreements with six countries during the fourth Ministerial Roundtable, the flagship opening meeting of the Future Minerals Forum.

The meeting marked a significant step in advancing international partnerships and fostering the development of the Kingdom's mining and minerals sector.

The agreements were signed by Minister of Industry and Mineral Resources Bandar Alkhorayef, and Vice Minister of Industry and Mineral Resources for Mining Affairs Eng. Khalid Al-Mudaifer.

The counterpart signatories included the minister of energy and natural resources from Djibouti, the minister of energy and mineral resources from Jordan, the secretary of state for business and trade from the United Kingdom, and the minister of mines and mineral development from Zambia.

Additional agreements were signed with the Ministry of Finance of Austria and the Ministry of the Economy, Finance and Industrial and Digital Sovereignty of France.



Italy, Albania, UAE Sign Deal for Energy Subsea Interconnection

People visit the World Future Energy Summit 2025 (WFES) in Abu Dhabi, United Arab Emirates, 14 January 2025.  EPA/ALI HAIDER
People visit the World Future Energy Summit 2025 (WFES) in Abu Dhabi, United Arab Emirates, 14 January 2025. EPA/ALI HAIDER
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Italy, Albania, UAE Sign Deal for Energy Subsea Interconnection

People visit the World Future Energy Summit 2025 (WFES) in Abu Dhabi, United Arab Emirates, 14 January 2025.  EPA/ALI HAIDER
People visit the World Future Energy Summit 2025 (WFES) in Abu Dhabi, United Arab Emirates, 14 January 2025. EPA/ALI HAIDER

Italy, Albania and the United Arab Emirates signed on Wednesday a deal worth at least 1 billion euros ($1 billion) to build a subsea interconnection for renewable energy across the Adriatic Sea.

"We strongly believe in this project involving our three governments, as well as our private sector and grid operators," Italian Prime Minister Giorgia Meloni said as she announced the deal at the World Future Energy Summit in Abu Dhabi.

The three-way partnership, which aims to produce green power in Albania and export it to Italy through underwater cables, will involve Italian grid operator Terna and UAE's National Energy Company (Taqa), Albanian Prime Minister Edi Rama said.

The Albanian premier added that the infrastructure would connect the Albanian port of Vlore to the southern Italian region of Puglia, the narrowest point between the two countries, and was expected to be operational within a maximum of three years.