Latest Saudi Arabia News

European Lithium and Critical Metals Corp have amended their merger terms to replace a fixed share exchange ratio with a floating ratio tied to Critical Metals' NASDAQ share price, potentially increasing shareholder value amid ongoing merger progress.

Sierra Nevada Gold (ASX: SNX) reports exceptional surface rock chip assays up to 15.8% copper and 5.83g/t gold at its As Safra project in Saudi Arabia, identifying a new undrilled copper target and expanding existing zones ahead of a larger Phase 2 drilling program.

After more than 11 years at the helm, Stewart Tully steps down as CEO of Alliance Aviation, handing leadership to Steven Greenway from October 2026. The transition aligns with Alliance's strategic realignment following a revised wet lease deal with Qantas.

OncoSil Medical has won FDA Humanitarian Device Exemption approval for its OncoSil™ device to treat distal cholangiocarcinoma, opening a US market estimated at A$80 million annually.

Sierra Nevada Gold (ASX: SNX) is refocusing its exploration budget and management attention on its promising As Safra copper-gold project in Saudi Arabia, triggering a strategic review and commercialisation of its Nevada, USA portfolio which is attracting strong buyer interest.

Sierra Nevada Gold (ASX: SNX) has discovered a new high-grade gold-silver-polymetallic breccia beneath shallow cover at its As Safra project in Saudi Arabia, revealing a more complex and extensive mineral system than previously known.

Alara Resources (ASX: AUQ) is set to close its pro-rata non-renounceable entitlement offer on 13 August, aiming to raise approximately $3.84 million at $0.032 per share to support its copper projects in Oman.

Imricor Medical Systems has ignited its US commercial operations with rapid adoption by top pediatric hospitals, buoyed by FDA pediatric clearances and clinical trial progress.

Peako Limited has identified extensive, high-grade gold-bearing veins across its Saudi Arabian projects, including an 8km corridor at Wadi Jarir with samples up to 41.5 g/t gold, setting the stage for maiden drilling this October.

Osteopore has inked a three-year distribution agreement with Al-Umnia Medical to bring its 3D-printed orthopaedic implants to five Gulf countries, targeting a rapidly expanding regional market.

Vmoto Limited’s 2Q26 sales soared 156% year-on-year with strong international orders and strategic partnerships, including a global MotoGP deal and a joint venture in Thailand.

Sprintex boosted its commercial footprint in the June quarter with a 65% order book increase from Mest Water, a paid trial at Taiwan's TSMC, and Dutch regulatory clearance lifting key uncertainties.