Arab Ministers To Discuss Future Of Mining In Riyadh Next Week

One of the entrances to the Al-Amar gold mine, south of the Saudi capital (Asharq Al-Awsat).
One of the entrances to the Al-Amar gold mine, south of the Saudi capital (Asharq Al-Awsat).
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Arab Ministers To Discuss Future Of Mining In Riyadh Next Week

One of the entrances to the Al-Amar gold mine, south of the Saudi capital (Asharq Al-Awsat).
One of the entrances to the Al-Amar gold mine, south of the Saudi capital (Asharq Al-Awsat).

The Saudi Ministry of Industry and Mineral Resources, in partnership with the Arab Industrial Development, Standardization and Mining Organization (AIDSMO), will hold on Tuesday the 8th Consultative Meeting of Arab Ministers for Mineral Resources.

The meeting will come in conjunction with the Future Minerals Forum, which will take place in Riyadh on Jan. 11-13.

Minister of Industry and Mineral Resources Bandar Al-Khorayef is scheduled to open the consultative meeting, in the presence of all Arab ministers of industry, energy, oil, and mining, and the director-general of the AIDSMO.

The meeting agenda includes a review of AIDSMO’s activities in the mineral resources sector during the period between the seventh and eighth consultative ministerial meetings and the implementation of the relevant recommendations, especially those related to the database of mining ore production and capacity building.

The meeting will also discuss preparations for a mining guiding system for Arab countries, the Arab initiative for metals used in clean energy technologies, and the Arab industrial and mining products orders and offers platform.

In an earlier statement, the Saudi Ministry of Industry and Mineral Resources announced that it would organize on Jan. 11-13 in Riyadh, the International Mining Conference, which will represent an opportunity for governments, companies, and investors to discuss various issues and challenges facing the sector over the past two years.



UAE, Serbia Sign Comprehensive Economic Partnership Agreement

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Serbian President Aleksandar Vučić. WAM
UAE President Sheikh Mohamed bin Zayed Al Nahyan and Serbian President Aleksandar Vučić. WAM
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UAE, Serbia Sign Comprehensive Economic Partnership Agreement

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Serbian President Aleksandar Vučić. WAM
UAE President Sheikh Mohamed bin Zayed Al Nahyan and Serbian President Aleksandar Vučić. WAM

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Serbian President Aleksandar Vučić have witnessed the exchange of a Comprehensive Economic Partnership Agreement (CEPA), paving the way for increased trade and investment flows and bilateral private sector collaboration.

Sheikh Mohamed commended the exchange of the CEPA as a key milestone in the relations between the UAE and Serbia.

“The CEPA exchange with Serbia is a notable step forward in our efforts to create a network of trade agreements that will accelerate investment, promote knowledge-sharing, and create opportunities for joint ventures in high-growth sectors,” he said.

“Serbia represents an important addition to the CEPA program and a bridge into the high-potential region of Eastern Europe. The UAE-Serbia CEPA reflects our shared ambition to establish a new era of collaboration between our nations and unlock long-term, sustainable growth for both our economies.”

The Serbian President expressed confidence that the agreement would pave the way for new opportunities in economic cooperation and diversification, fostering sustainable growth and prosperity for both nations.

Once implemented, the UAE-Serbia CEPA is expected to remove or reduce duties on product lines, lift unnecessary barriers to trade, protect intellectual property rights, support small and medium-sized companies, and facilitate mutual investment flows.

The UAE is the third-largest market for Serbian exports in the Middle East, and increased FDI has been directed toward high-priority sectors, including renewable energy, agriculture, food security, infrastructure, and logistics.