
Saudi Arabia to host Future Minerals Forum in January
The event will be held under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud.
Minister of Industry and Mineral Resources Bandar Alkhorayef noted that the forum will further solidify the kingdom's position as a leader in the global dialogue on the future of the mining and minerals sector and reinforce the forum's pivotal role as a leading international platform for shaping the future of minerals and promoting responsible supply chains.
For the past four years, 'FMF has led global action to address the sector's most pressing issues and promote investment and responsible supply of minerals,' said Alkhorayef.
'FMF is a cause driven from Saudi Arabia, one that brings the world together to deliver the minerals for creating a new era of global development, prosperity, and stability for supplier nations,' Alkhorayef added.
He emphasised the importance of the theme, stating: 'This is more than an event – it is a collective call to action. 'Dawn of a Global Cause' reflects the growing realization that minerals are critical not just to industries but also to humanity's collective progress. This forum will forge new partnerships and inspire the change our sector urgently needs.'
The FMF will convene a diverse array of stakeholders — governments, industry leaders, multilateral organizations, and academia — under one roof, at a time when minerals are essential for fulfilling global electrification ambitions.
The FMF 2026 programme and its government-led Ministerial Roundtable will collectively focus on the three main areas: delivering models for funding infrastructure projects to unlock seven mineral corridors in Africa and Latin America, as part of a phased approach that can be expanded to other regions; building capacity in supplier region through the creation of a network of Centers of Excellence focusing on geology, innovation, sustainability, talent development, and policy; and increasing supply-chain transparency by piloting a traceability scheme that can be replicated.
At the fourth Ministerial Roundtable of the Future Minerals Forum 2025, Saudi Arabia convened the largest government gathering of its kind, bringing together representatives from over 90 countries, including 16 Group of Twenty (G20) nations and 50 international organizations, including the United Nations, World Bank, ICMM, UNIDO, and ISO.
The high-level discussions focused on strengthening global collaboration across the "Super-Region" spanning Africa, West and Central Asia, and other key supplier nations.
Syndigate.info).
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Gulf Business
an hour ago
- Gulf Business
Operation Pink Diamond: Dubai Police foil $25m diamond heist
Image: Dubai Media Office The investigation revealed that the gang had been plotting the heist for over a year, targeting a diamond certified by a leading gemological institute with a unique purity rating — so rare that there is only a 0.01 per cent chance of finding another like it. The criminal scheme The suspects, all of Asian nationality, devised a sophisticated plan to deceive the diamond's owner, a jeweller, by posing as wealthy buyers interested in purchasing the gem. They rented luxury cars, held meetings at upscale hotels, and even hired a renowned diamond expert to authenticate the stone, creating the illusion of credibility and legitimacy. Their ultimate goal was to persuade the merchant to move the diamond out of his secure shop. Once the diamond was brought to a villa under the pretext of meeting the 'buyer', the gang attempted to seize it. Police foil the plot Dubai Police CID teams leveraged advanced technology to track and identify the three suspects, who initially lived together but dispersed to different locations after the heist. A specialised task force raided their locations simultaneously, apprehending the suspects and recovering the diamond before it could leave Dubai, hidden in a small refrigerator destined for an Asian country. The recovered pink diamond is classified as 'Fancy Intense', weighing 21.25 carats, with exceptional clarity, symmetry, and polish, rated excellent. Its extraordinary value and rarity made it a prime target, prompting the gang's elaborate year-long planning. Merchant praises police response The diamond's owner expressed admiration for the Dubai Police's swift and professional action. He recounted calling 999 immediately after the theft, and noted: 'Multiple patrols arrived within minutes, began the investigation, and offered constant reassurance. To my surprise, the very next morning, they called to say the suspects had been arrested and the diamond recovered.' Operating in Dubai since 2005, the merchant admitted being caught off guard by the scheme, emphasizing the importance of adhering to the emirate's safety guidelines for the diamond trade: 'Dubai has become a safe global centre for diamond trade. It's important we uphold the standards that make that possible.' 'Operation Pink Diamond' not only recovered one of the world's rarest gemstones but also reinforced Dubai's reputation as a secure hub for high-value commodities. The operation highlights the city's law enforcement capabilities and the proactive measures it takes to protect investors and merchants in the luxury trade sector.


Khaleej Times
an hour ago
- Khaleej Times
UAE retail sector continues to attract global players
Retail remains one of the key pillar of the UAE economy, with the sector reaching $145.3 billion last year. According to projections, the market is estimated to expand at a compound annual growth of more than 5 per cent through 2033. In Dubai, retail trade remains the largest sector in the economy, accounting for 23% of GDP, and grew by 4.5% year-on-year in Q1 2025. 'The UAE is an incredibly dynamic market when it comes to fashion. This is a place where global influences meet strong local identity, creating space for street fashion brands to really stand out,' said Shubham Gupta, Founder of Bonkers Corner, a popular unisex streetwear brand in India, which recently launched its e-commerce platform in the UAE. This strategic move marks Bonkers Corner's official entry into the Middle East after dominating the streetwear fashion genre in India — with over 15 physical stores and a strong online presence. 'We have witnessed a significantly growing popularity for bold apparel with personalized style in the UAE,' Gupta said. 'Launching a dedicated platform like Bonkers Corner for the region was the natural next step. This allows us to not only serve our growing community better but also mirror their preference for a unique blend of creativity, culture, and fashion-forward mindset.' Streetwear in the UAE is evolving at an accelerated pace. The blend of diverse cultural influences here means styles shift quickly, but that's an environment where agile brands can excel, Gupta said. 'Over the next three–five years, I see the sector becoming even more experience-driven, where brands will need to go beyond selling products to creating touchpoints, events, collaborations, and content that build strong emotional connections with their audience. It's not just about fashion anymore; it's about identity and belonging,' he added. Competition from global brands is inevitable, but it's also a positive sign- it means the market is thriving and that consumers are open to experimenting. ' Our ability to create limited runs, bold drops, and pop-culture-inspired collections gives us the agility that many bigger brands lack,' Gupta said. Bonkers Corner is exploring an omnichannel approach that blends the convenience of ecommerce with the immersive experience of retail. 'Pop-ups, experiential stores, and strategic tie-ups with leading malls will allow customers to engage with the brand on a sensory level,' Gupta said.


Khaleej Times
2 hours ago
- Khaleej Times
Consult Group Worldwide surpasses $740 million in capital
The Dubai-based firm, Consult Group Worldwide (CGW) has announced it has surpassed $740 million in capital raised, and has emerged as a driving force in reshaping the alternative investment landscape since its inception in 2012, reinforcing its reputation as a trusted partner for family offices, wealth managers, asset managers, and Independent Financial Advisors (IFAs) seeking tailored financial strategies. Founded by , CGW was established to meet growing market demand for flexible, intelligent, and client-specific investment solutions. Over the past decade, the firm has distinguished itself through a bespoke, strategy-led approach that combines advanced financial analytics, deep market awareness, and emerging technologies to deliver high-value outcomes for clients. 'Our vision has always been to provide investment solutions that are relevant, responsive, and sustainable, especially in volatile or fast-changing markets,' said Peter Doyle, founder and CEO of CGW. 'Surpassing this milestone of $740 million in capital raised is a testament to the trust our clients place in us and our ability to anticipate market changes rather than react to them.' CGW develops custom investment strategies tailored to the unique requirements of each client. This level of personalisation has proven increasingly valuable as global markets face greater complexity, decentralisation, and digital transformation. The company's expertise extends across multiple asset classes and sectors, ensuring clients have access to a diverse spectrum of opportunities aligned with their long-term objectives. it also supports SMEs and alternative product providers in accessing efficient capital channels, while empowering financial advisors with the tools they need to guide clients through an evolving investment environment. A hallmark of CGW's methodology is the integration of fintech and data-driven systems into every stage of the investment process. By leveraging cutting-edge technology, the firm helps financial professionals identify untapped opportunities, optimise portfolio diversification, and manage risk with greater precision. This technology-first approach gives CGW and its clients a competitive edge in an industry increasingly shaped by automation, digital platforms, and blockchain innovations. CGW operates on a two-pronged market engagement model: Capital access for providers – Connecting SMEs and alternative investment product creators to capital efficiently. Advisor empowerment – Equipping wealth managers, asset managers, and IFAs with informed, data-backed tools to serve their clients. This dual focus fosters a balanced, scalable, and sustainable investment ecosystem that benefits both capital sources and capital users. With market adaptability at the heart of its strategy, CGW is committed to strategic partnerships, refined risk frameworks, and expanding its global footprint. The company's leadership sees the next phase of growth driven by deeper integration of technology, increased focus on health-related investment trends, and continued emphasis on long-term value creation.