indebted economy, without budget deficits and with a steady flow of foreign currency. He expected the Saudi banks to proceed with providing loans to borrowers to continue the march of development over the few coming years and expected a prosperous economy in the Kingdom and other GCC countries through 2011. He praised Saudi Arabia's efforts in terms of oil production increases according to market demand. Hopefully, Saudi Arabia would witness an economic boom that would provide thousands of jobs, he said. For his part, the Regional Manager of the Middle East Association in the Gulf Janssen Pers portrayed a bright picture for the economic growth in the Kingdom, saying that it is the strongest in the region. He expressed belief that the Saudi economy is among the world's 13, noting the continuing constructional process despite the world economic recess. He said the chance is wide for businesses from the United Kingdom to enter Saudi Arabia, citing the petrochemicals, mineral resources, industrial, transport, communications, power generation and water fields. For his part, the Director of Ma'den company Sulaiman bin Abdulhameed said the Saudi government is keen to develop the sector of mining in the Kingdom to become a third source of the economy after ARAMCO and SABIC. Then the conferees listened to a paper on the industry of Media and Public Relations in the Kingdom of Saudi Arabia, presented by Jim Donaldson, Manager of Hill Nolton Foundation for Media in Britain. He highlighted the great strides made by the industry of media in Saudi Arabia. The number of journals and satellite channels in Saudi Arabia have witnessed considerable increase over the last few years, he said, noting that censorship has drastically reduced on the media in comparison of the previous years. He said some Saudi media industries had their headquarters abroad. The conference tackled the Kingdom's interest in the sector of financial accounting, development of economic, commercial and touristy utilities in the Kingdom.
