Ma’aden is an excellent example of delivering economic growth through privatization, says CEO
Oct 31, 2018
The Saudi Arabian Mining Company (Ma’aden) is an excellent example of how a successful government-private sector partnership can deliver strong results that stimulate economic growth, job creation, and industrial diversification, Darren Davis, the company’s President and CEO, said on Thursday.
Participating in the ‘Market Forces’ panel discussions at the Future Investment Initiative (FII) conference in Riyadh, Mr. Davis noted that Ma’aden had invested billions of dollars in building world-class and large-scale industrial projects since its IPO in 2008.
“Ma’aden is an interesting example of privatization and the role played by the government and private investors. Ma’aden has built…
Ma’aden launches third Phosphate mega project with award of first construction contract to Daelim
Oct 22, 2018
The Saudi Arabian Mining Company (Ma’aden) has awarded Daelim with a 3.35 billion Saudi Riyal (USD 892 million) engineering, procurement and construction contract to build the first plant in the company’s third large-scale phosphate complex (“Phosphate 3”). The complex will increase Ma’aden’s phosphate production capacity to 9 million tonnes, securing the Kingdom’s global position as a top phosphate producer and exporter.
Darren Davis, President and CEO of Ma’aden, and Heon Jae Yim, Daelim SEVP and CEO, signed the EPC contract at the Ma’aden headquarters in Riyadh to build a new ammonia plant in Ras Al-Khair on the Eastern coast of…
No Translation, Ma'aden wins Arabia CSR Award in Partnership and Collaboration
Oct 07, 2018
Ma'aden recently won first place in the 2018 Arabia Corporate Social Responsibility (CSR) Awards under the category Partnerships & Collaborations which recognizes the company’s collaborative partnerships with various organizations within the framework of its social responsibility program and in line with its sustainable development objectives.
The award was accepted by Mr. Fouzi Bubshait, Vice President, Learning and Development Partnerships during a ceremony held in Dubai at the conclusion of the Arab Forum on Social Responsibility.
The Arabia CSR Awards presented by the Arabia CSR Network (ACSRN) aim to honor public and private organizations all throughout the Arab region for implementing…