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Asharq Al-Awsat

Business

Riyadh - Asharq Al-Awsat

Saudi Arabia’s Maaden to Boost Capital by $3.2 Billion

Arabia Saudi Arabia Maaden

General view in Riyadh, Saudi Arabia, June 21 2020. REUTERS/Ahmed Yosri

Saudi Arabia’s state miner, Maaden, has announced a profit and plans to boost its capital by $3.2 billion amid a surge in commodity prices.

Saudi Arabian Mining Co. will offer 1 bonus share for each held, according to a statement.

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