Saudi, British FMs discuss regional developments in phone call    Saudi Arabia unveils new skill-based system for expatriate work permits Classification for existing workers began on June 18 while July 1 set for newcomers    New Saudi embassy building inaugurated in Moscow    Nearly 17 million foreign pilgrims perform Umrah in 2024, up 101% from 2022 Makkah ranks 5th globally in number of international visitors    Saudi Arabia reaffirms dedication to achieving equitable and sustainable digital development    Over 80,000 commercial registrations issued in 2Q 2025, bringing total to 1.7 million    Elon Musk announces launch of new political party amid fallout with Trump    UK Foreign Secretary makes historic visit to Syria    Khamenei makes first public appearance since Iran–Israel war    Desperate search continues as Texas flood kills 51, including 15 children 27 girls from summer camp still missing    Riot Games responds to match-fixing allegations in VALORANT    BLAST responds to BESTIA Visa controversy ahead of CS2 Austin major    Christophe Galtier named NEOM SC head coach ahead of historic Saudi Pro League debut    Level Up Docuseries launches June 6 on Prime Video    OPEC+ further accelerates oil output hike by 548,000 bpd in August    Saudi Arabia tops global ICT Development Index for 2025    Michael Madsen, actor of 'Kill Bill' and 'Reservoir Dogs' fame, dead at 67    BTS are back: K-pop band confirm new album and tour    Michelin Guide launches in Saudi Arabia with phased rollout in 2025    'How fragile we are': Roskilde Festival tragedy remembered 25 years on    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Al-Faleh opens Arab int'l mineral wealth conference
Published in Saudi Press Agency on 22 - 11 - 2016

Under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, Eng. Khalid bin Abdulaziz Al-Faleh, Minister of Energy, Industry and Mineral Resources, today opened the 14th Arab international mineral wealth conference and the special exhibition held on its sidelines at Hilton hotel in Jeddah.
In a key address, Al-Faleh, who chairs the three-day event titled "Arab mineral resources: strategic resources and promising investment opportunities", said the Kingdom of Saudi Arabia provides support for the Arab cooperation and solidarity in general and the mining sector as well as the Arab Organization for Industrial and Mining Development in particular, citing that the Kingdom has undertaken the job of preparing the first geological mining map for the Arab world, taken part in conducting sector and technical studies and numbering geological and mineral maps of the Arab world, hosted two previous sessions of this conference, organized a number of symposia and technical workshops and held Arab cadres training courses over the past years.
He expressed hope that this conference's papers would attract local and foreign investors in the fields of mining and minerals.
He confirmed that the Arab world is rich of its minerals, the first base for basic and transformative industries.
Al-Faleh summarized the most key requirements for moving from the current classical minerals industry to a giant boost of basic and transformation mineral industry of the Arab minerals sector as updating mineral investment systems, encouraging the establishment of transformative industries to achieve the highest added value, establishing specialized mineral industries cities, providing soft financing programs for the mineral sector, seeking to replace imported products by locally-manufactured ones, developing remote areas through establishing mineral industries in the vicinity of the raw materials mining sites, training of Arab technical cadres, providing protection for the mineral sites and reserving them for investors, introducing best systems and sustainable regulations for excavation operations, developing and operation aiming to protect environment and guarantee safety.


Clic here to read the story from its source.