Recent statistics issued by MineHutte, which was worked on in cooperation with Mining Journal, revealed that Saudi Arabia was the fastest growing country in the world in the mining sector around the world during the past five years.
The report showed that Saudi Arabia was in the first place as the fastest global growth in the development of the regulatory and basic environment that attracts mining investments between 2018 and 2023.
The rankings included the improvement in Saudi Arabia's rating in the mining licensing index, as it came as the second best country in the licensing environment in the world. It has also seen a development in the Fiscal Policy Index, making it one of the top 10 countries in the index globally.
Source (Al-Arab Newspaper of London, Edited)
