Articles for tag: 1bnArabiadealDiqnearsRekoSaudistake

April 19, 2024

Ron Finklestien

mining

The Tale of Saudi Arabia’s Potential Investment in Reko Diq

Saudi Arabia Eyes Stake in Reko Diq Speculations are rife about Saudi Arabia’s interest in snagging a significant stake in Reko Diq, a mineral-rich project enticing international investors. The potential deal involves the Saudi company gradually boosting its involvement in Reko Diq, a venture where the Pakistani government holds a 25% stake, with the remaining 25% belonging to the Balochistan province. Early Talks Amidst Uncertainties Sources closely tied to the matter have disclosed that discussions are merely at a nascent stage and could either crumble like a house of cards or witness a temporary hiatus. The backdrop paints a picture