New deposits of gold have been found in the holy city of Medina in Saudi Arabia (symbolic photo)

Saudi Arabia

has recently announced that it has found new deposits of gold and copper in the holy city of Medina.

In a

Saudi Geological Survey has informed that gold ore deposits are in the border of Aba al-Raha region of Medina region.

copper ores have also been found in Wadi al-Faraa in the Al-Madiq area of ​​Medina.

Saudi Geological Survey wrote on social media that with our discovery, Saudi Arabia now offers even more attractive investment opportunities to the world. 

According to the news of Al Arabiya

, the new discovery will attract local and international investors.

This will lead to the development of the national economy.

Officials expect the newly discovered gold and copper ore deposits to attract an investment of about $533 million and create about 4,000 new jobs.  

There are about 5,300 sites of mineral deposits in Saudi Arabia.

Many types of minerals are found in it.

Saudi Arabia's Crown Prince Mohammed bin Salman has described the expansion of mining as an important part of his Vision 2030.

In May this year, Saudi Arabia's Ministry of Industry and Mineral Resources had planned to attract investment of $32 billion in the mining sector.