Latest Saudi Arabia News

Sierra Nevada Gold (ASX: SNX) has received five exploration licences for its As Safra copper-gold project in Saudi Arabia, granted by Royal Decree, allowing immediate drilling with three rigs on site. The licences reflect top-level government support and align with Saudi Arabia’s Vision 2030 mining ambitions.

Gentrack is set to acquire Dubai Technology Partners for about US$10 million, enhancing its Veovo platform with AI-driven airport operations technology and deepening its Middle East footprint.

Resource Minerals International has mapped multiple structural corridors in Saudi Arabia, defining high-priority gold and copper-molybdenum targets ahead of planned drill campaigns. Complementary surveys in Tanzania and Finland set the stage for expanded exploration in 2026.

Sierra Nevada Gold (ASX: SNX) advances its As Safra copper-gold project in Saudi Arabia by establishing a local subsidiary and preparing for imminent drilling after securing exploration licences.

Gentrack’s airport technology arm Veovo is acquiring Dubai Technology Partners for US$10 million, boosting its AI portfolio and regional presence in the Middle East.

Sprintex has locked in an exclusive Saudi Arabia distribution agreement with Washnah Trading and landed a tender for the King Salman International Airport wastewater project, opening a potential $5 million supply opportunity.

TruScreen Group has met its FY2026 revenue guidance with a 41% jump in product sales, while investing heavily in new markets and pursuing a major UNITAID funding bid that could reshape its medium-term outlook.

Imricor Medical Systems updates its SEC Form 10 with minor SEC-driven revisions as it pushes forward with FDA clearances and clinical trials, reporting a $25.3 million net loss in 2025 amid early-stage commercialisation.

Resource Minerals International Ltd (ASX:RMI) has completed a detailed ground magnetic survey at its Wadi Salamah Project in Saudi Arabia, revealing significant magnetic anomalies and high-grade surface mineralisation that underpin plans for a maiden 5,000-metre drilling program.

Resource Minerals International has identified four priority gold target zones at its Shaib Marqan Project in Saudi Arabia following a detailed ground magnetic survey, setting the stage for a 5,000-metre drilling campaign in 2026.

Sierra Nevada Gold has established a wholly owned Saudi subsidiary, Arabian American Minerals LLC, to spearhead exploration at the As Safra copper-gold project, aligning with Saudi Arabia’s Vision 2030 and preparing for imminent drilling.

Imricor Medical Systems has taken a significant step toward US market entry by submitting its Advantage-MR EP Recorder/Stimulator system for FDA 510(k) clearance, aiming to enhance MRI-guided cardiac procedures.