Reported 4 months ago
Saudi Arabia has announced a significant $1 billion deal as part of its effort to bolster the metals and mining sector, aligning with the Vision 2030 strategy. The move comes from Saudi Arabian Mining Co. (Maaden) acquiring a 21% stake in Aluminium Bahrain B.S.C., with additional plans for a merger that could enhance regional influence in the global aluminum market.
Source: YAHOO