{"id":51975,"date":"2024-10-10T16:57:13","date_gmt":"2024-10-10T11:57:13","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=51975"},"modified":"2024-10-10T16:57:13","modified_gmt":"2024-10-10T11:57:13","slug":"saudi-arabia-decides-to-invest-in-reko-diq-project-of-balochistan","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/pakistan\/saudi-arabia-decides-to-invest-in-reko-diq-project-of-balochistan\/","title":{"rendered":"Saudi Arabia decides to invest in Reko Diq project of Balochistan"},"content":{"rendered":"<p>ISLAMABAD: In a major development, <a href=\"https:\/\/dailyausaf.com\/en\/business\/no-limits-saudi-investment-minister-says-committed-to-enhance-investment-in-pakistan\/\">Kingdom of Saudi Arabia<\/a> has decided to invest in the Reko Diq mining project, with experts predicting a potential influx of millions of dollars into the project.<\/p>\n<p>As per the details, the Reko Diq project, located in <a href=\"https:\/\/dailyausaf.com\/en\/pakistan\/one-fc-official-martyred-as-security-forces-thwart-attack-in-balochistans-zhob\/\">Balochistan<\/a>, is a joint venture between Canadian mining company Barrick Gold, which holds a 50% stake, and the federal and Balochistan governments, each holding 25%.<\/p>\n<p>Experts believe that Saudi Arabia&#8217;s involvement could lead to substantial financial investment, which would likely boost Pakistan&#8217;s economy and mining sector.<\/p>\n<p>This decision has been taken after the recent arrival of a 130-member Saudi delegation led by Saudi Investment Minister Engineer Khalid bin Abdulaziz Al-Falih, who came to Pakistan for talks aimed at increasing bilateral economic cooperation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: In a major development, Kingdom of Saudi Arabia has decided to invest in the Reko Diq mining project, with experts predicting a potential influx of millions of dollars into the project. As per the details, the Reko Diq project, located in Balochistan, is a joint venture between Canadian mining company Barrick Gold, which holds [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":51985,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[7742,180],"class_list":["post-51975","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pakistan","tag-reko-diq-project","tag-balochistan"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/51975","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=51975"}],"version-history":[{"count":1,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/51975\/revisions"}],"predecessor-version":[{"id":51986,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/51975\/revisions\/51986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/51985"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=51975"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=51975"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=51975"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}