KSA has the largest natural and mineral wealth in the world after Russia and USA

[Malik Alashter]

We Arab came from this land believe it or not I love that land the memoir of our grand father's laying there their voices still there

 

[ArabianEmpires&Caliphates]

We Arab came from this land believe it or not I love that land the memoir of our grand father's laying there their voices still there

The bond predates recorded time and runs deep on every front. On both sides of the border. Goes for the entire Arab world.

That is the irony. Your average Iraqi Shia Arab from Southern Iraq is closer to the average Saudi Arabian on every measurable front than he is to everyone not a fellow Iraqi Arab. That is why there have never been a Saudi Arabian-Iraqi war in modern history and I don't think that such a war will ever emerge, I surely hope not. The current conflict in Yemen is a civil war and not a war between states or peoples.

I think in a time when the current status quo is gone and the regimes in power as well, that the Arabs of our immediate region, will be the closest of allies. Already the case today in terms of people to people relations. Now regime to regime relations are beginning to reflect that ground reality more as well.

This Thread Is For Those Ill-Wishing Dreamers Who Are Waiting For The Day For Saudi Oil Wealth To Run Out

Think about the tremendous potential that KSA has for alternative energy sources. Green energy. Solar, wind etc. No country in the region can compete with that either due to KSA's size.

So they will be miserable until the end of time (Insha'Allah) just like most people before them (recorded history) were due to the riches of Arabia and the Arab world.

Talk about a sad existence to no avail.

 

[ArabianEmpires&Caliphates]

Speaking about mineral wealth.

https://twitter.com/x/status/1167868803830599681

 

[ArabianEmpires&Caliphates]

Saudi Arabia creates new ministry of industry and mining
Valentina Ruiz Leotaud | September 1, 2019 | 7:30 am Careers Europe Aluminum Gold Oil & Gas

Mining in Saudi Arabia. Photo by Jac Rijk Al-Rushaid, Twitter)

Saudi Arabia announced that it has created an independent ministry of industry and mineral resources, separating it from the energy ministry, a move that is understood as part of the kingdom’s strategy to diversify the economy away from oil.

In 2016, Crown Prince Mohammed bin Salman launched a plan called Vision 2030 aimed at reducing the country’s dependence on crude by reinforcing other economic and investment activities, increasing non-oil industry trade of goods and consumer products with other nations, and growing government spending on health, education, infrastructure, recreation, tourism, and the military.

The creation of the new ministry falls within that larger vision and according to state news media, it will be fully independent starting on January 1, 2020. Bandar Al-Khorayef, a businessman from the Saudi industrial conglomerate Khorayef Group, will be the department’s head.

Under Al-Khorayef, the ministry should reach the goal of increasing the value of mining operations to reach $69.3 billion. Currently, the direct and indirect contribution of the sector to the kingdom’s GDP is estimated to be around $21.3 billion.

BANDAR AL-KHORAYEF, A BUSINESSMAN FROM THE SAUDI INDUSTRIAL CONGLOMERATE KHORAYEF GROUP, WILL LEAD THE NEW MINISTRY

Saudi Arabia’s central and northern regions contain large amounts of bauxite, as well as silver, zinc, copper, magnesite, and kaolin deposits. The Middle Eastern country is also host to some of the world’s largest reserves of phosphate and tantalum, and of up to 20 Moz of gold in known deposits.

Foreign firms are being encouraged to start taking a look at such deposits, as part of the mandate of the new ministry — which is expected to oversee the Saudi Industrial Property Authority or MODON — is also to attract leading global companies. Within Vision 2030, foreign direct investment is being pushed to contribute 5.7% of the GDP from the current 3.8%. In parallel, the private sector’s contribution to the GDP is predicted to rise to 65% from the current 40%.

Just over a month ago, the kingdom also expanded the mandate of its $28-billion Saudi Industrial Development Fund to allow the financing of energy, logistics and mining projects. Previously, the fund only provided financing to local manufacturing businesses.

The changes allow companies to apply for financing options such as multi-purpose term loans and acquisition financing, while ventures outside the country that have Saudi investors are now eligible to apply for funding.

Meanwhile, oil…

According to The Guardian, the appointment of al-Khorayef for the Ministry of Industry and Mineral Resources is seen as a reduction in influence for the energy minister, Khalid al-Falih.

Al-Falih has been the face of OPEC diplomacy over the past three years and has spearheaded the idea of curtailing production to balance crude markets and prop up prices.

He is also the executive arm behind the plan to list, maybe as soon as 2020, the state-owned oil company Aramco, which is considered the most profitable company on the planet with revenues of $355.9 billion in 2018.

https://www.mining.com/saudi-arabia-creates-new-ministry-of-industry-and-mineral-resources/

 

[ArabianEmpires&Caliphates]

Speaking about minerals.

Saudi Arabia wants to enrich uranium for nuclear power: Energy minister

REUTERS
September 09, 2019

• Saudi Arabia has said it wants to tap nuclear technology for peaceful uses

ABU DHABI: Saudi Arabia wants to have uranium production and enrichment in future for its planned nuclear power program that will begin with two atomic reactors, the kingdom’s new energy minister said on Monday.
“We are proceeding with it cautiously ... we are experimenting with two nuclear reactors,” Prince Abdulaziz bin Salman said at a conference in Abu Dhabi.
Saudi Arabia has said it wants to tap nuclear technology for peaceful uses. But enrichment of uranium is a sensitive step in the nuclear fuel cycle because it can open up the possibility of military uses of the material, the issue at the heart of Western and regional concerns over Iran’s atomic work.

Prince Abdulaziz also told reporters the world’s top oil exporter would keep working with other producers to achieve market balance and that an OPEC-led supply-curbing deal would survive “with the will of everybody.”

He said there would be “no radical” change in the oil policy of Saudi Arabia, OPEC’s de facto leader, which he said was based on strategic considerations such as reserves and energy consumption.

The prince had helped negotiate the deal between the Organization of the Petroleum Exporting Countries and its allies, a group known as OPEC+, to cut global crude supply in order to support prices and balance the market.

He told reporters that the OPEC+ alliance was “staying for the long term” and called on OPEC members to comply with output targets.

“We have always worked in a cohesive, coherent way within OPEC to make sure that producers work and prosper together,” the prince said.

“It would be wrong from my end to pre-empt the rest of the OPEC members,” he said when asked whether there was a need for further oil production cuts to support the market.

https://www.arabnews.com/node/1551986/saudi-arabia

 

[Yongpeng Sun-Tastaufen]

Not in terms of raw wealth. For instance, Iturup island has the world's largest rhenium deposit which is used for making jet engine.

 

[ArabianEmpires&Caliphates]

Not in terms of raw wealth. For instance, Iturup island has the world's largest rhenium deposit which is used for making jet engine.

Wrong. This includes every available resource and mineral.

Compare the populations of USA and Russia with KSA. If real communism existed and every resource was divided equally, the average Saudi Arabian would be a multimillionaire or even billionaire.

Russia has the most resources. Helps being the largest country in the world (by far) and 6.5 times larger than KSA. Huge country although vast majority of it is uninhabited.

 

[Yongpeng Sun-Tastaufen]

Wrong. This includes every available resource and mineral.

10 million views:

Traditional Arabian gold jewellery.

Compare the populations of USA and Russia with KSA. If real communism existed and every resource was divided equally, the average Saudi Arabian would be a multimillionaire or even billionaire.

Russia has the most resources. Helps being the largest country in the world (by far) and 6.5 times larger than KSA. Huge country although vast majority of it is uninhabited.

Prices of various minerals change all the time. It's not possible to aggregate the total raw wealth of all the different kinds of minerals a country has. Anyway, the most valuable things in the world are land which have been fought for since the dawn of mankind and technology which makes weapons that conquer or dominate the world.

 

[ArabianEmpires&Caliphates]

Prices of various minerals change all the time. It's not possible to aggregate the total raw wealth of all the different kinds of minerals a country has. Anyway, the most valuable things in the world are land which have been fought for since the dawn of mankind and technology which makes weapons that conquer or dominate the world.

Well, you can measure the total estimated worth and fluctuations occur with everything of value, currency and land included.

Landmass is crucial indeed. Humans need space. Arabs in particular need space.

10 million views:

Traditional Arabian gold jewellery.

 

[ArabianEmpires&Caliphates]

Less than 3% of KSA's territory has been explored for minerals and natural resources! That includes maritime territory.

 

[khanmubashir]

all. Arab

https://247wallst.com/special-report/2012/04/18/the-worlds-most-resource-rich-countries/3/

€34.4 trillion.

Imagine if the GCC was one single country (as it eventually will be again). Would be approaching Russia. The entire Arab world? Even Russia would be left far behind.

Other lists out there rank KSA 2nd in the world.

https://www.worldatlas.com/articles/countries-with-the-most-natural-resources.html

Now Russia is the largest country in the world and has a population of 140+ million people. Even though KSA is a huge country (12th largest in the world), Russia is 6.5 times larger.

USA is the fourth largest country in the world. 330+ million people.

https://en.wikipedia.org/wiki/List_of_countries_and_dependencies_by_area

So per capita, Saudi Arabians (if every citizen became joint owners of the riches of the land in an equal share) would be the by far richest people on the planet economically per capita.

all Arab world ???



will u also take Arab lands occupied by Israel deary

 

[ArabianEmpires&Caliphates]

Saudi Arabia discovers massive natural gas reserves in Red Sea
Source: Xinhua| 2019-03-08 03:37:04|Editor: Mu Xuequan


RIYADH, March 7 (Xinhua) -- Saudi Arabia on Thursday announced the discovery of massive natural gas reserves in the Red Sea, the Saudi Press Agency reported.

Saudi Energy Minister Khalid Al-Falih said Saudi Aramco, officially known as the Saudi Arabian Oil Company, will intensify exploration work during the next two years after completion of the feasibility study.

"Aramco's acquisitions worldwide are going on and the national company has excellent chances in Russia, India, Pakistan and Indonesia, in addition to possible LNG (liquefied natural gas) projects in the United States," Al-Falih said.

He made the remarks during an inspection tour of the projects in King Salman International Complex for Maritime Industries and Services in Ras Al Khair Industrial City.


http://www.xinhuanet.com/english/2019-03/08/c_137876767.htm

all. Arab

all Arab world ???



will u also take Arab lands occupied by Israel deary

No, lol. Just KSA alone.

Don't worry, tiny Palestine/Israel will become fully Arab eventually. 2/3 of all Israeli Jews are Arab Jews (ethnically Arab but adherences of Judaism) and 20% of Israel's population is already Arab and increasing. Soon they will be flooded whether they like it or not! The Zionist rat will be smashed eventually!

 

[Philip the Arab]

all. Arab

all Arab world ???



will u also take Arab lands occupied by Israel deary

Israelis are Arab lol.

 

[ArabianEmpires&Caliphates]

Israelis are Arab lol.

Ethnically 2/3 of the Israelis Jews are indeed. 20% + are already Arab ("Israeli" Arabs and Bedouins). Don't get banned bro. I should not talk but appreciate your recent thread topics on the Arab defense forum.

 

[ArabianEmpires&Caliphates]

Desert diamonds: natural gemstones found almost exclusively in the Arabian Peninsula

Updated 05 May 2018
ABDULAZIZ ALAQUIL
May 05, 201802:17
4730

• Go trekking in the desert around Riyadh, and that old Paul Simon song may come true... under your feet are thousands of semi-precious gemstones.
• Desert diamonds are also known as Qaisumah diamonds, after the Saudi village where they were first discovered.

JEDDAH: If you gaze for long enough along the Saudi desert horizon, especially around dawn or dusk, you will eventually notice a glittering sparkle on the surface of the dunes.

Your first impression may be that it comes from jewelry lost by desert trekkers. In fact, more often than not, what you see are desert diamonds — natural semi-precious gemstones found almost exclusively in the Arabian Peninsula.

The stones belong to the quartz family and come from the same micro-crystalline mineral as topaz and amethyst. When properly cut and polished, they have a luster and brilliance identical to that of far costlier carbon diamonds.

Although a few may be found in the UAE and Kuwait, desert diamonds are mainly harvested along the central desert plains of Riyadh. They are also known as Qaisumah diamonds, after the Saudi village where they were first discovered. Eons ago, rain washed millions of these metamorphic quartz gems downstream from the Hijaz mountains; the waters ran naturally into the Arabian Gulf and the sedimentary stones were deposited in what eventually became vast desert plains.



Natural sparkle

In their natural state, desert diamonds are simple river stones with a milky appearance. Hold them up to the sunlight, however, and there is a hint to their potential — they are completely translucent. Experts suggest the higher the translucency of the stone, the greater potential quality of the gem once it is ground, cut, and polished.

Desert diamonds are measured in carats and are slightly denser than full carbon diamonds, and thus are slightly smaller than carbon diamonds of identical weight.

They are resistant to discoloration, do not break with age, and cannot even be scratched. Unlike the popular diamond simulant cubic zirconia, which are produced in laboratories and emit a rainbow-like shine, desert diamonds produce a purer, more natural sparkle — since they contain the same refractory properties as authentic full carbon diamonds.

Searching for them is a great way to enjoy the outdoor life. “It’s always a fun activity to do with friends whenever we go out desert trekking,” says Yasmin Khayat, 26, from Jeddah, who likes to take a break from her job as an auditor by exploring the desert.

“Just like treasure hunters around the world who go to the beach with metal detectors, we look for that special sparkle in the sand. It’s a competitive activity because sometimes it’s very difficult to find them, and other days there are many on the surface. The wind cycle is the big determining factor. After a sandstorm is always the best time because many diamonds that were buried come to the surface.”

Of course, it isn’t only amateur gem-hunters who are interested in desert diamonds. Sally Cowley, founder and managing director of Desert Diamond Global Group, told Arab News:

“I started my business 20 years ago in Saudi Arabia, and we worked with natural quartz. Quartz, like other semi-precious stones from the topaz family, are fairly inexpensive, and over time processes have changed and developed and so has our selection of stone.

“Now we are based in Thailand, but in the beginning, our stone was quartz based as this was the best stone available that met our requirements. My passion is creating a collection of exceptional jewelry that delights the customer.”

Sally Cowley

While most people prefer the shine and luster of a professionally polished cut stone, many also like desert diamonds in their naturally rough and uncut state. The larger stones are commonly worn as a pendant, while the smaller stones can be incorporated into unique translucent quartz earrings.



Preservation

The refining process often involves a lengthy journey. Surprisingly, very few jewelers in Saudi Arabia can take on the task of transforming the rough stones into sparkling personal ornaments. Most desert diamonds are sent to Thailand for processing.

The raw stone is usually cut into a simple rectangular or square shape. It is then chemically treated to ensure the preservation of hardness and clarity, followed by a grinding process as the gem takes its final form.

Lastly, the cut stone is polished and, if required, set in a mount of precious metal such as gold, silver or platinum.

A gem’s worth depends on the stone’s carat, color, clarity and condition.

High-quality quartz can be valued at upwards of $200 a kilogram, making these gems one of the most durable and affordable authentic diamond simulants for everyday use.

https://www.arabnews.com/node/1296781/saudi-arabia

I hope that it will be cheaper to excavate minerals, hydrocarbons and other resources from the ground in the future given that KSA is almost unexplored on this front despite the enormous riches discovered.

For instance the mighty Rub' al-Khali, almost nothing of it has been explored given the fact that the terrain is insane. To this day it is home to tons of lakes and underground water and the fact that it not too long ago was covered by water. Some even claim that it was the origin of the "Atlantis" myth in the ancient world.

Hopefully this can one day be solved as I suspect, in fact I am convinced of this, that there are tons of more surprises in store.