Minister of Industry and Mineral Resources Bandar Alkhorayef met in Hanoi with Vietnamese Deputy Prime Minister Bui Thanh Son. SPA
Minister of Industry and Mineral Resources Bandar Alkhorayef met in Hanoi with Vietnamese Deputy Prime Minister Bui Thanh Son. SPA
Minister of Industry and Mineral Resources Bandar Alkhorayef met in Hanoi with Vietnamese Deputy Prime Minister Bui Thanh Son. SPA
Minister of Industry and Mineral Resources Bandar Alkhorayef met in Hanoi with Vietnamese Deputy Prime Minister Bui Thanh Son. SPA

Saudi Industry Minister in Vietnam for talks on strengthening economic co-operation


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Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef met Vietnam's Deputy Prime Minister Bui Thanh Son in Hanoi during an official visit, the Saudi Press Agency reported.

The two ministers discussed ways to expand economic partnership and enhance co-operation in industry and mining, the agency added.

Vietnam is considered a key destination for Saudi investment, which exceeds $1.92 billion and covers sectors including energy, industry and technology.

Mr Alkhorayef arrived in Vietnam on Sunday following a visit to China, where he held meetings in Beijing with senior politicians and with leaders of major Chinese industrial companies in Shanghai. Those talks focused on enhancing industrial co-operation and exploring investment opportunities in Saudi Arabia’s industrial sector.

In Hanoi on Monday, talks covered opportunities for knowledge exchange, investment attraction and technology transfer across sectors including food industries, the SPA said. Collaboration in research, innovation and advanced manufacturing technologies, including artificial intelligence, was also discussed.

Mr Alkhorayef’s visits to China and Vietnam are seen as part of Saudi Arabia’s broader strategy to deepen economic ties with international partners, diversify relations beyond traditional alliances and position the kingdom as a global hub for industrial investment.

Saudi Arabia is increasingly focused on developing its vast mineral wealth as part of Vision 2030 as it aims to diversify its economy beyond oil. The kingdom holds significant untapped reserves of gold, phosphate, bauxite, copper, zinc and rare earth elements.

The number of mining licences issued in Saudi Arabia in the first half of 2025 rose 144 per cent year-on-year to 22 from nine, official data showed.

In August, Investment Minister Khalid Al Falih visited China as part of the Saudi-Chinese High-Level Joint Committee. The visit built on recent bilateral milestones: the 2023 Saudi-Chinese Investment Forum – which generated more than 60 memorandums of understanding across energy, tourism, mining and technology – and the 2024 China-Gulf Co-operation Council Industrial and Investment Cooperation Forum.

What vitamins do we know are beneficial for living in the UAE

Vitamin D: Highly relevant in the UAE due to limited sun exposure; supports bone health, immunity and mood.Vitamin B12: Important for nerve health and energy production, especially for vegetarians, vegans and individuals with absorption issues.Iron: Useful only when deficiency or anaemia is confirmed; helps reduce fatigue and support immunity.Omega-3 (EPA/DHA): Supports heart health and reduces inflammation, especially for those who consume little fish.

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The specs: Lamborghini Aventador SVJ

Price, base: Dh1,731,672

Engine: 6.5-litre V12

Gearbox: Seven-speed automatic

Power: 770hp @ 8,500rpm

Torque: 720Nm @ 6,750rpm

Fuel economy: 19.6L / 100km

The specs

AT4 Ultimate, as tested

Engine: 6.2-litre V8

Power: 420hp

Torque: 623Nm

Transmission: 10-speed automatic

Price: From Dh330,800 (Elevation: Dh236,400; AT4: Dh286,800; Denali: Dh345,800)

On sale: Now

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The specs
Engine: 4.0-litre flat-six
Power: 510hp at 9,000rpm
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Price: From Dh801,800
UAE currency: the story behind the money in your pockets
5 of the most-popular Airbnb locations in Dubai

Bobby Grudziecki, chief operating officer of Frank Porter, identifies the five most popular areas in Dubai for those looking to make the most out of their properties and the rates owners can secure:

• Dubai Marina

The Marina and Jumeirah Beach Residence are popular locations, says Mr Grudziecki, due to their closeness to the beach, restaurants and hotels.

Frank Porter’s average Airbnb rent:
One bedroom: Dh482 to Dh739 
Two bedroom: Dh627 to Dh960 
Three bedroom: Dh721 to Dh1,104

• Downtown

Within walking distance of the Dubai Mall, Burj Khalifa and the famous fountains, this location combines business and leisure.  “Sure it’s for tourists,” says Mr Grudziecki. “Though Downtown [still caters to business people] because it’s close to Dubai International Financial Centre."

Frank Porter’s average Airbnb rent:
One bedroom: Dh497 to Dh772
Two bedroom: Dh646 to Dh1,003
Three bedroom: Dh743 to Dh1,154

• City Walk

The rising star of the Dubai property market, this area is lined with pristine sidewalks, boutiques and cafes and close to the new entertainment venue Coca Cola Arena.  “Downtown and Marina are pretty much the same prices,” Mr Grudziecki says, “but City Walk is higher.”

Frank Porter’s average Airbnb rent:
One bedroom: Dh524 to Dh809 
Two bedroom: Dh682 to Dh1,052 
Three bedroom: Dh784 to Dh1,210 

• Jumeirah Lake Towers

Dubai Marina’s little brother JLT resides on the other side of Sheikh Zayed road but is still close enough to beachside outlets and attractions. The big selling point for Airbnb renters, however, is that “it’s cheaper than Dubai Marina”, Mr Grudziecki says.

Frank Porter’s average Airbnb rent:
One bedroom: Dh422 to Dh629 
Two bedroom: Dh549 to Dh818 
Three bedroom: Dh631 to Dh941

• Palm Jumeirah

Palm Jumeirah's proximity to luxury resorts is attractive, especially for big families, says Mr Grudziecki, as Airbnb renters can secure competitive rates on one of the world’s most famous tourist destinations.

Frank Porter’s average Airbnb rent:
One bedroom: Dh503 to Dh770 
Two bedroom: Dh654 to Dh1,002 
Three bedroom: Dh752 to Dh1,152 

The BIO

Favourite piece of music: Verdi’s Requiem. It’s awe-inspiring.

Biggest inspiration: My father, as I grew up in a house where music was constantly played on a wind-up gramophone. I had amazing music teachers in primary and secondary school who inspired me to take my music further. They encouraged me to take up music as a profession and I follow in their footsteps, encouraging others to do the same.

Favourite book: Ian McEwan’s Atonement – the ending alone knocked me for six.

Favourite holiday destination: Italy - music and opera is so much part of the life there. I love it.

Updated: September 30, 2025, 1:00 PM