Pesha Magid

Chile's Codelco, the world's largest copper producer, is in talks with Saudi Arabia over potential joint investments in the metal, the company's chairman told Reuters in an interview on Friday.

Saudi Arabia's Manara Minerals is looking for critical minerals projects in Zambia to invest in, the southern African country's mines minister Paul Kabuswe told Reuters on Thursday.

Saudi Arabian state oil giant Aramco's project to extract lithium is "promising, but not yet commercially viable", the kingdom's mining minister told Reuters on Wednesday.

Saudi Arabia's annual inflation rate fell slightly to 1.9% in December from 2% in November, according to government data released on Wednesday.

The Democratic Republic of Congo, the world's top cobalt supplier, is courting new mining investors from Saudi Arabia to help it diversify and curb overreliance on companies from China, Marcellin Paluku, a senior government official, told Reuters.

The new administration's approach to governing must include "different groups" and women, and "no radicalization", the European Union's foreign-policy chief said.

Saudi Arabia executed 330 people this year, the highest number in decades, despite de facto ruler Mohammed bin Salman's 2022 assertion that the death penalty had been eliminated except for murder cases under his vision for a new open kingdom.

Saudi Arabia's annual inflation rate continued to slowly accelerate, hitting 2% in November compared to 1.9% in October, according to government data released on Sunday, again driven by an increase in housing rents.

Rights organisations strongly criticised FIFA on Wednesday after world soccer's ruling body officially awarded the 2034 men's World Cup to Saudi Arabia.

NEOM, a Red Sea urban and industrial development, is central to the prince's Vision 2030 plan to create new engines of economic growth beyond oil.