Maaden aims to provide 36,000 direct, indirect jobs by 2030: CEO

Mosaed Al Ohali, CEO of Saudi Arabian Mining Co.

Saudi Arabian Mining Co. (Maaden) aims to provide 16,000 and 20,000 direct and indirect jobs, respectively over the next ten years, and to create promising investment opportunities for the private sector, CEO Mosaed Al Ohali said.  

Saudization exceeded 70% at Maaden, despite localization challenges and the location of factories in remote areas. The local market is promising, but the majority of the company’s products is exported to several destinations, including all Asian countries, especially gold, which is exported to Europe, Al Ohali added during a webinar hosted by Asharqia Chamber.  

Maaden supports economy at remote areas. It aims to aggrandize the mining industry in the Kingdom through purchasing commodities and services of local content, he concluded.