黑料社区

AMAK showcases 黑料社区鈥檚 mining potential

AMAK showcases 黑料社区鈥檚 mining potential
From left: Abdulrahman Al-Belushi, assistant deputy minister for mining enablement; Mohammed bin Manea Aballala, chairman at AMAK; Geoffrey Day, CEO at AMAK; Turki Albabtain, deputy minister for mining development; and Ahmed bin Muhammad Faqih, deputy minister for mining control.
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Updated 20 January 2025

AMAK showcases 黑料社区鈥檚 mining potential

AMAK showcases 黑料社区鈥檚 mining potential

Al-Masane Al-Kobra Mining Company highlighted the Kingdom鈥檚 emerging position as a global mining hub during the Future Minerals Forum 2025 and announced the addition of three new exploration licenses for base and precious metals after winning the seventh round of the mining bids organized by the Ministry of Industry and Mineral Resources.

Underlining the recent operational achievements that demonstrate the sector鈥檚 growth potential, Geoffrey Day, chief executive officer of AMAK, said: 鈥満诹仙缜 has established itself as one of the most progressive and supportive countries for mining development. The Kingdom鈥檚 mineral wealth, estimated at SR9.4 trillion ($2.5 trillion) according to the Ministry of Industry and Mineral Resources, combined with supportive government policies and initiatives, along with infrastructure development projects, creates unprecedented opportunities for international collaboration.鈥

Strategic growth and operational excellence

AMAK has accomplished several significant milestones that accelerate the Kingdom鈥檚 mining sector, in line with the goals outlined in Saudi Vision 2030. These include the completion of the Moyeath processing plant within the Al-Masane Mine. The expansion has increased annual ore processing capacity to 1.2 million tonnes, enabling a combined production of 30-40 kt of copper concentrate, 60-80 kt of zinc concentrate, 35-45 koz of gold, and approximately 500 koz of silver.

As part of its 2025 strategic growth plan, AMAK is advancing several key projects. These include the Khutainah Gold Project, and the Nuham Iron Ore Project with more than 7 Mt resources. The company also plans to initiate underground mining operations at the Guyan Gold Mine in 2025, which is expected to reduce gold production costs through higher-grade underground reserves and lower production costs.

Sustainability and national talent

The company鈥檚 commitment to sustainable practices includes initiatives to connect its facilities to the national power grid, which will reduce diesel consumption and improve the company鈥檚 carbon footprint. AMAK is also expanding its dry tailing storage capacity to accommodate all current and future mineable reserves, supporting both operational growth and environmental sustainability.

In alignment with Vision 2030鈥檚 focus on human capital development, AMAK has achieved a 36 percent localization rate in its workforce. The company鈥檚 partnership with the Saudi Mining Polytechnic has been instrumental in training Saudi youth for specialized roles in the mining sector.聽

Recently, 30 Saudi trainees completed a comprehensive two-year diploma program and are now actively contributing to various operational areas.

鈥淥ur growth strategy fully supports the Kingdom鈥檚 vision by developing 黑料社区鈥檚 rich mineral resources while contributing to local economies,鈥 Day said. 鈥淭he expansion of our operations, combined with our focus on sustainability and national workforce development, demonstrates our commitment to creating long-term value for all stakeholders.鈥

Transformative potential of mining

Day also highlighted the transformative potential of 黑料社区鈥檚 mining sector in addressing global mineral supply challenges. 鈥淭he Kingdom is strategically positioned to become a key supplier of critical minerals essential for the global energy transition. With our expanding operations and focus on innovation, AMAK is well-positioned to support this transformation.鈥

The company鈥檚 strategic approach aligns with 黑料社区鈥檚 broader ambitions to rank among the top 10 mining countries globally. AMAK鈥檚 recent investments in exploration and processing capabilities demonstrate the opportunities available within the Kingdom鈥檚 mining sector, which is supported by robust infrastructure development, including ports, modern highway networks, and industrial zones.

鈥淲hat makes 黑料社区 particularly attractive for mining investment is the combination of geological wealth, strategic location between Asia, Europe, and Africa, and the introduction of the Mining Investment Law,鈥 Day added. 鈥淭hese factors, coupled with the Kingdom鈥檚 commitment to developing the sector, create an unprecedented opportunity for global partnerships.鈥

AMAK鈥檚 participation in FMF 2025, marking its fourth consecutive year at the forum, reflects its ongoing commitment to advancing 黑料社区鈥檚 mining sector. The company continues to implement advanced technologies, including prospectivity mapping and systems for real-time tracking of metals from mine to smelter, positioning itself at the forefront of mining innovation in the region.


SEVEN invests in future of Saudi entertainment sector

SEVEN invests in future of Saudi entertainment sector
Updated 21 June 2025

SEVEN invests in future of Saudi entertainment sector

SEVEN invests in future of Saudi entertainment sector

Saudi Entertainment Ventures, known as SEVEN, is investing heavily in the future of the Kingdom鈥檚 entertainment sector by creating a broad spectrum of job opportunities, said Abdulelah AlFawzan, chief projects officer at SEVEN.

AlFawzan told Arab News that SEVEN is developing a diverse range of technical, creative, operational, and managerial roles to unlock 鈥渘ew horizons of joy鈥 while building a thriving and sustainable workforce that mirrors the energy and ambition of 黑料社区.

He said the company has already achieved 55 percent Saudization across its workforce, including 45 percent in leadership positions. 鈥淭hrough initiatives such as our Future Leadership Program in partnership with IMD, we are equipping Saudi talent with global best practices in entertainment management, ensuring they are prepared to lead this sector forward,鈥 AlFawzan explained.

He said that delivering the best guest experiences depends on passionate, diverse teams who deeply understand and share the culture of the communities they serve. 鈥淲e are committed to creating opportunities that empower Saudi youth to build meaningful careers in the entertainment industry,鈥 he added.

The chief projects officer revealed that SEVEN is reshaping international entertainment experiences to resonate strongly with Saudi cultural values. 

Abdulelah AlFawzan, chief projects officer at SEVEN

AlFawzan stressed that guests remain at the core of every decision SEVEN makes. When collaborating with global brands like Warner Bros. Discovery, Mattel, and Hasbro, the company ensures a robust commitment to meaningful localization.

鈥淚t is never a matter of simply importing a concept,鈥 he said. 鈥淲e carefully reinterpret every experience to reflect Saudi traditions, family values, and community preferences.鈥

AlFawzan disclosed that more than 60 percent of SEVEN鈥檚 offerings are locally inspired, which guarantees that each destination feels authentic, familiar, and welcoming to Saudi audiences. 鈥淥ur aim is for every visitor to feel a deep sense of cultural pride and connection upon entering a SEVEN venue because, for us, entertainment reflects identity 鈥 not just leisure,鈥 he said.

Addressing concerns about whether large-scale projects like SEVEN overshadow local businesses in favor of international brands, AlFawzan reaffirmed the company鈥檚 dedication to nurturing both.

鈥淲e firmly believe that global and local players, alongside diverse creative talent, are all essential to the success of our destinations,鈥 he said. While SEVEN partners with renowned names such as Warner Bros. Discovery, Mattel, Flow House, Play-Doh, Clip 鈥榥 Climb, and Hasbro, it equally prioritizes celebrating Saudi creativity.

He said that the company is actively developing original attractions and homegrown concepts across its venues by working closely with Saudi artists and entrepreneurs to bring local content and ideas to life.

鈥淲hether through Saudi-owned offerings or regionally inspired entertainment, we are establishing platforms where local innovation can thrive alongside international intellectual properties,鈥 AlFawzan said. 鈥淥ur guests deserve an entertainment landscape that honors global excellence while remaining deeply rooted in Saudi identity, originality, and values.鈥

AlFawzan also said that SEVEN places sustainability and cultural connection at the core of its nationwide entertainment developments, fully aligned with Saudi Vision 2030.

鈥淪ustainability is not an afterthought at SEVEN; it is a guiding principle embedded in every stage of our development,鈥 he said. He detailed how the company integrates environmental responsibility from design through construction and into long-term operations, with a clear focus on minimizing environmental impact.

He said that SEVEN is targeting LEED certification across its portfolio spanning 14 cities. 鈥淭o date, we have recycled more than 75 percent of construction waste and sourced over 50 percent of materials from certified green suppliers,鈥 AlFawzan noted. He highlighted that the incorporation of high-performance solutions has led to energy savings of up to 20 percent and water savings of up to 80 percent in key project locations.

Beyond environmental stewardship, SEVEN prioritizes broader social impact through community engagement and cultural preservation. 鈥淓ntertainment is a powerful catalyst for community connection and cultural pride,鈥 AlFawzan explained.

鈥淲ith over SR50 billion ($13.3 billion) invested across 14 cities, our projects are accessible within minutes or a short drive for most Saudi communities,鈥 he pointed out. 鈥淎ccessibility is at the heart of our vision: making extraordinary experiences part of everyday life.鈥

He also revealed that SEVEN is introducing region-first and world-first concepts to the Kingdom, including the world鈥檚 first Hot Wheels electric go-karting experience and next-generation Family Entertainment Centers that seamlessly combine physical play with digital interaction.

鈥淏ut more than the rides and attractions, what truly sets SEVEN apart is our focus on culture and community,鈥 he added.


Nova Water signs MoU with Saudi NCVC to plant 200,000 trees

Nova Water signs MoU with Saudi NCVC to plant 200,000 trees
Updated 21 June 2025

Nova Water signs MoU with Saudi NCVC to plant 200,000 trees

Nova Water signs MoU with Saudi NCVC to plant 200,000 trees

Nova Water, a bottled drinking water company, has signed an MoU with the Saudi National Center for Vegetation Cover Development and Combating Desertification to plant 200,000 trees across the Kingdom by 2030.

This initiative underscores Nova鈥檚 ongoing environmental mission to reduce its ecological footprint and protect local ecosystems 鈥 while directly contributing to the overarching goals of the Saudi Green Initiative. It marks the latest step taken by the company to combat desertification, advance the development of a sustainable water ecosystem and safeguard the Kingdom鈥檚 future.

The agreement was officially signed by Dr. Khalid bin Abdullah Al-Abdulqader, CEO of NCVC, and Sulayman Serdar Seyhanli, CEO of Nova Water. The collaboration focuses on four core areas: identifying key locations for reforestation, prioritizing the use of native plant species, engaging Nova employees in afforestation activities, and supporting the rehabilitation of Saad National Park, located near the company鈥檚 facilities in Rumah, 120 km east of Riyadh.

Seyhanli said: 鈥淎t Nova Water, we understand the importance of implementing innovative environmental solutions in the water sector. Our agreement with the NCVC is a testament to our unwavering support for national sustainability initiatives. Together, we are building a greener future while aligning with the ambitions of Vision 2030 and contributing to the protection and expansion of the Kingdom鈥檚 natural green cover.鈥

He added: 鈥淎s a natural partner of the Saudi Green Initiative, this agreement represents a carefully planned execution strategy 鈥 covering irrigation, planting, and the ongoing care of seedlings across agreed-upon areas.鈥 

Our reforestation efforts will span the next six years, from 2025 through to 2030, and will culminate in the successful planting of 200,000 trees and shrubs across 黑料社区. We are fully committed to seeing this goal through.鈥

This ambitious program seeks to create long-term environmental and social impact, including restoring native wildlife habitats, rehabilitating decertified lands, and enhancing biodiversity. Ultimately, it will support rainfall regeneration, provide shelter and food for local fauna, and contribute to rebalancing fragile ecosystems 鈥 which are the very objectives the NCVC was established to fulfill since its inception in 2021.


John Fekete joins CBRE MENA as general manager for advisory business in KSA

John Fekete joins CBRE MENA as general manager for advisory business in KSA
Updated 21 June 2025

John Fekete joins CBRE MENA as general manager for advisory business in KSA

John Fekete joins CBRE MENA as general manager for advisory business in KSA

CBRE Middle East, a global leader in commercial real estate services, has appointed John Fekete as the new general manager for its advisory operations in 黑料社区.

Fekete joins CBRE from Qiddiya, where he served as the executive director of real estate strategy, spearheading the office, retail and residential strategy of one of 黑料社区鈥檚 most ambitious projects as part of the Vision 2030 initiative. Prior to this, he held senior positions at JLL in 黑料社区 and Dubai, where he played a crucial role in shaping real estate strategies across the Middle East and North Africa.

Commenting on his appointment, Fekete said: 鈥淚 am honored to join CBRE, a company renowned for its commitment to excellence in the real estate sector. I look forward to working with this talented team to drive growth and deliver outstanding results for our clients in 黑料社区, contributing to the realization of Vision 2030.鈥

Throughout his career, Fekete has demonstrated expertise in urban planning, transactions, property management, investment management, and strategic planning. In his previous roles, he managed real estate strategies across multiple countries in the EMEA region including his role at Citigroup as EMEA head of real estate.

Michael Young, managing director for CBRE MENA region, said: 鈥淲e are delighted to welcome John to our team; his extensive experience and deep knowledge of the real estate market will be invaluable as we continue to grow our operations in 黑料社区 and beyond.鈥

Anshuman Magazine, chairman and CEO for India, Southeast Asia, Middle East and Africa, added: 鈥淲e are thrilled to welcome John to our team.鈥

A highly respected leader in the real estate industry, John brings a wealth of experience and deep market insight. His exceptional track record and strategic vision will be instrumental in driving outstanding value to our clients. We look forward to the impact his leadership will have on our advisory operations in the Kingdom of 黑料社区.鈥


Saudi 100 Brands returns to Paris Fashion Week with Tranoi Showcase

Saudi 100 Brands returns to Paris Fashion Week with Tranoi Showcase
Updated 21 June 2025

Saudi 100 Brands returns to Paris Fashion Week with Tranoi Showcase

Saudi 100 Brands returns to Paris Fashion Week with Tranoi Showcase

The Saudi Fashion Commission presents homegrown talents at Paris Fashion Week, to be held from June 24 to 27 at the fifth floor of La Samaritaine. 

The exclusive showroom dedicated to Saudi 100 Brands, the commission鈥檚 flagship program, will highlight 11 trailblazing designers and their Spring-Summer 2026 collections.

This exceptional showcase by Saudi 100 Brands aims to provide a platform for meaningful cultural exchange through contemporary Saudi fashion. 

It is part of a long-term vision 鈥 to establish the Kingdom as an essential presence in the global fashion industry.

Burak Cakmak, CEO, the Saudi Fashion Commission, said: 鈥淭he return of Saudi 100 Brands to Paris Fashion Week reflects our commitment to showcasing Saudi creativity at the highest level. 

鈥淭his platform not only brings our designers to a global audience but also deepens our connections with the international fashion community, reinforcing our vision to position 黑料社区 as a driving force in shaping the future of fashion and nurturing meaningful global partnerships.鈥濃

Boris Provost, CEO of Trano茂, said: "Saudi fashion is experiencing remarkable momentum, and we are proud to support this creative energy with Saudi 100 Brands. 

鈥淎t Trano茂, we are committed to amplifying the voices of emerging talents on a global scale. This collaboration with the Saudi Fashion Commission perfectly embodies our mission: to offer an international stage to a new generation of designers, here in Paris, the fashion capital of the world.鈥

The 11 designers presented in the renowned Parisian department store exemplify Saudi creative excellence, with a selection varying between menswear and womenswear.

Menswear designers are 1886, Awaken, Eleven, Hajruss, Mirai and RBA.

Womenswear designers are Razan Alazzouni, Rebirth, Reem Alkanhal, Waad Aloqaili and Yasmina Q

Highlighted by Saudi 100 Brands and Tranoi, the event celebrates creative boldness and reaffirms the Saudi Fashion Commission鈥檚 commitment to promoting emerging talent on the international stage.

The creative showcase is open from June 24 to 27, from 9 a.m. to 7 p.m. on the fifth floor of La Samaritaine.


Sony expands LED display family with Crystal LED CAPRI

Sony expands LED display family with Crystal LED CAPRI
Updated 18 June 2025

Sony expands LED display family with Crystal LED CAPRI

Sony expands LED display family with Crystal LED CAPRI

Sony is expanding its lineup of LED walls with the debut of Crystal LED CAPRI. The new CAPRI series achieves a maximum brightness of 1,500 cd/m2 with a 2.50 mm LED pitch size. Key features include high refresh rates and brightness, a wide color gamut, and anti-reflection. Additional benefits include installation flexibility, familiar structure, streamlined maintenance, and compatibility with Sony鈥檚 ecosystem of virtual production technologies. The new models, ZRD-VS25FB and ZRD-VS25FM, are compatible with the Brompton controller and the Megapixel controller, respectively.

The CAPRI models are targeted to a broad range of customers looking to cost-effectively support virtual production applications, including television, feature films, commercials, and broadcast, as well as for rental and staging purposes. The CAPRI series offers options that ensure the high picture quality synonymous with Sony at a more accessible price. CAPRI also complements Sony鈥檚 premium flagship Crystal LED VERONA.

The CAPRI series is expected to be available this winter. A sample of the CAPRI was on display on June 11-13 at InfoComm 2025 in Orlando in Sony鈥檚 booth.

鈥淲ith the announcement of CAPRI, Sony is furthering our commitment to the creation of spatial content, such as virtual production, by giving a wider range of users opportunities for flexibly showcasing images in high fidelity,鈥 said Rich Ventura, vice president, professional display solutions, Sony Electronics Inc. 鈥淲e鈥檝e broadened our lineup to offer more cost-conscious choices, which expand the market in support of high-quality virtual production at every level and ensure the growth of Sony鈥檚 distinctive virtual production ecosystem.鈥

Impressive picture quality

Virtual productions rely on high quality imagery. The CAPRI series combines high refresh rates of up to 7,680 Hz to reduce scanline artifacts and ensure smooth, fluid motion. With a high brightness of 1,500 cd/m2, complemented by coverage of over 98 percent of the DCI-P3 color gamut, the displays accurately reproduce lifelike images. Additionally, the new models feature anti-reflection capabilities to mitigate the impact of reflection from lighting equipment.

Fast and easy installation

The latest CAPRI series also takes advantage of recent installation advancements to ensure fast and efficient setup. Offering a 1:1 cabinet optimized for temporary installations, such as virtual production stages, the models can quickly and easily be assembled and dismantled using locating pins for easy alignment and a tool-free lever locking mechanism.

Industry standard control

Through alignment with Brompton鈥檚 Tessera SX40 and Megapixel鈥檚 HELIOS, the CAPRI models maintain control using the same familiar tools and interfaces already commonly deployed in the industry, alleviating the need for additional training and maximizing uptime.

Streamlined maintenance

To keep virtual productions focused on the creative processes, the CAPRI has thoughtful features that simplify maintenance. LED module blocks can be changed from the rear and feature status indication lights for easily identifying which blocks need service.