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Japan launches first deep-sea rare earth mining trial to cut reliance on China
January 13th, 2026 - 07:23 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Japan launches first deep-sea rare earth mining trial to cut reliance on China

ALBAWABA- Japan launched the world’s first deep-sea rare earth mining trial, marking a strategic move to secure critical mineral supplies and reduce dependence on China. The month-long operation involves the research vessel Chikyu extracting mineral-rich seabed mud from depths of about 6,000 meters near Minamitori Island in the Pacific Ocean. The project is led by the Japan Agency for Marine-Earth Science and Technology and is aimed at developing domestic sources ...
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Bukhowa will be responsible for overseeing the bank’s operations, as well as the management of the international corporate and institutional clients’ segment in Qatar. (Gulf Times)
March 21st, 2017 - 11:55 GMT

Bank in Qatar appoints its first Arab CEO

Sheikh Mohammed bin Rashid Al Maktoum deemed the event as a national achievement accomplished by the country. (WAM)
March 21st, 2017 - 11:03 GMT

Mohammed bin Rashid inaugurates phase 2 of solar park in Dubai

Lebanon believes that its economic waters contain 850 million barrels of oil and no less than 2,700 BCM of natural gas, similar to Israel's potential, including the fields that have already been discovered.  (Shutterstock)
March 21st, 2017 - 10:00 GMT

Israel appeals to US, UN over gas tender dispute with Lebanon

Saudi Arabia is also developing a study into solutions for concealed commercial activities, in which expats work in the name of Saudis, such as allowing foreigners to invest within regulations by paying tax.(Shutterstock/Fitria Ramli)
March 21st, 2017 - 09:00 GMT

Saudi Arabia mulls self-employment tax option for foreigners

High net-worth individuals (HNWIs) are defined as individuals with $2 million (Dh7.34 million) or more in investment assets. (File photo)
March 21st, 2017 - 08:00 GMT

Wealth Insight Report 2017: GCC's ultra-wealthy concerned by oil prices, instability

The resumption of Saudi oil deliveries to Egypt signal a potential thaw in relations after months of tension.  (AFP/Hassan Anmar)
March 21st, 2017 - 07:00 GMT

Saudi Aramco to resume oil shipments to Egypt after six month suspension

According to Royal Jordanian, the new rule applies to flights both to and from the US.  (AFP/File)
March 21st, 2017 - 06:00 GMT

Royal Jordanian, Saudia leak plans to ban large devices onboard US flights from 13 countries


The current portfolio of the World Bank in Egypt includes 22 projects for a total commitment of about $8.1 billion. (File photo)
March 21st, 2017 - 05:17 GMT

Egypt receives second billion-dollar tranche of World Bank loan

The real estate sector in Egypt is driven by strong demand from a young population looking to purchase their own home. (File photo)
March 20th, 2017 - 03:56 GMT

Egypt named fastest-growing mortgage market in the world

Lebanon will not be affected by hikes in US interest rates. (Shutterstock)
March 20th, 2017 - 12:51 GMT

Interest rates in Lebanon not affected by US Fed’s rate hike

Kuwait is expected to be the only Gulf state with a budget surplus this year. (File photo)
March 20th, 2017 - 11:35 GMT

Is Kuwait’s foreign bond sale enough to balance its budget?

Qatar's Hamad International Airport. (Shutterstock/ Elena Mirage)
March 20th, 2017 - 10:15 GMT

Hamad International Airport among world's top 10 airports in 2017: Skytrax

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