Forum discusses ‘vast areas’ in Sudan for investing in minerals

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Dr. Mohammed Abu Fatima Abdallah, general manager of the Sudanese Ministry of Geological Research Authority (GRAS), left, and Saudi Vice Minister of Mining Affairs for MEIMR, Eng. Khalid Al-Mudaifer are seen touring exhibit stands in forum. (AN photo by Huda Bashatah)
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Sulaiman Al-Othaim, Saudi Gold Refinery Company Ltd., center, moderating a panel discussion on "mineral potentials and investment opportunities" with Dr. Mohammed Abu Fatima Abdallah, general manager of the Sudanese Ministry of Geological Research Authority (GRAS), right, and Eng. Mujahid Bilal Taha. (AN photo by Huda Bashatah)
Updated 11 September 2018
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Forum discusses ‘vast areas’ in Sudan for investing in minerals

  • The Ministry of Energy, Industry and Mineral Resources (MEIMR) held a forum to discuss investment opportunities for mineral resources in “vast areas” of Sudan
  • Among those attending from MEIMR at the Republic of Sudan Hilton hotel in Jeddah’s corniche was the Vice Minister of Mining Affairs for MEIMR

JEDDAH: The Ministry of Energy, Industry and Mineral Resources (MEIMR) held a forum to discuss investment opportunities for mineral resources in “vast areas” of Sudan.
Among those attending from MEIMR at the Republic of Sudan Hilton hotel in Jeddah’s corniche was the Vice Minister of Mining Affairs for MEIMR, Eng. Khalid Al-Mudaifer, and Dr. Mohammed Abu Fatima Abdallah, general manager of the Ministry of Geological Research Authority (GRAS).
Deputy Minister for Mineral Resources Sultan Shaouli explained that the program includes three working sessions, all of which talk about the mineral potential in Sudan and the opportunities available. The forum had six reports, all of which are suitable for officials in the Ministry of Metals and a number of Sudanese mining companies.
Abdallah said the forum is an extension of joint strategic action between Sudan and Saudi Arabia. He pointed out that Sudan enjoys the existence of natural resources and a large number of minerals with estimated reserves and the State has developed plans to exploit this wealth to benefit the desired government and the people of Sudan.
During a tour of the exhibit stands, Al-Mudaifer told Arab News that the role of the governments, along with the private sector, is to enable and build an ecosystem that enables the private sector to partake in these investments for exploration, development and production. “This is our main role now and we are helping the Sudanese government to showcase their resources and their geology, and hopefully the investor to invest in Sudan,” he added.
Abdallah told Arab News that he saw big potential in investment in Sudan, with resources that have not been touched: “We have vast areas that need exploration. According to the geological situation and environment we have huge amounts of resources to find and we want to share it with our neighbors, particularly Saudi Arabia. They have a good capacity and benchmark for exploration.”


Saleh Al-Sulami, general secretary of the Saudi Export Development Authority

Updated 14 min 47 sec ago
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Saleh Al-Sulami, general secretary of the Saudi Export Development Authority

Saleh Al-Sulami has been the general secretary of the Saudi Export Development Authority since January 2017.

Previously, Al-Sulami served as the deputy minister at the Ministry of Energy, Industry and Mineral Resources between 2015 and 2018.

He also served as the general manager of Obeikan Investment Group for more than four years from 2010 to 2014.

Between 2005 and 2010, Al-Sulami served as general manager of other companies including Al-Modayfer Investment Group, which has a number of businesses producing building materials and offering construction-related services.

Al-Sulami also headed Al-Watania for Plastics for more than four years, a leading regional manufacturer and distributor of plastic products since 1982.

Al-Sulami obtained a bachelor’s degree in chemical engineering from King Saud University in Riyadh.

The Saudi Export Development Authority has signed a strategic partnership agreement with Abdullah Al-Othaim Markets Co. in Riyadh, which aims to promote and increase export of Saudi products. 

The supply and promotion of Saudi products represent a major part of Abdullah Al-Othaim Markets’ mission in the retail and wholesale trade through its branches in Egypt.

The products targeted for export, are particularly those of Saudi origin produced by licensed factories in the Kingdom.

The signing ceremony was attended by Al-Sulami and Abdul Aziz Abdullah Al-Othaim, CEO and board member of Abdullah Al-Othaim Markets.