Tue, 21-Oct-2025

Firms targeting Brazil indigenous lands: report

mining

RIO DE JANEIRO: Major mining companies are seeking to expand to currently protect the indigenous lands in the Amazon rainforest, bolstered by billions of dollars in financing from international banks and investment firms, a report found. Nine mining giants including Brazil’s Vale, Britain’s Anglo American and Canada’s Belo Sun have filed applications seeking authorisation to … Read more

Saudi Arabia’s net foreign assets decline 3.3% in October

Saudi Arabia

CAIRO: Net foreign assets held by the Saudi Central Bank went down by a monthly rate of 3.3 per cent to reach SR1.63 trillion ($433 billion) in October, Arab News quoted newly released data by SAMA. The central bank’s net foreign assets declined by 2 per cent compared to last year’s October. Commercial banks’ net foreign assets … Read more