Saudi Arabia to explore investment options in Sudan

Khalid Al-Falih said that the Kingdom has an advantage in being one of the leading players in the mining sector. (REUTERS)
Updated 12 September 2018
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Saudi Arabia to explore investment options in Sudan

  • The plans are an extension of the joint strategic action between Sudan and Saudi Arabia

JEDDAH: As part of Saudi Arabia’s Vision 2030, the Ministry of Energy, Industry and Mineral Resources organized a forum to explore investment opportunities for the exploitation of mineral resources in Sudan.
The opening address by Khalid Al-Falih, the minister of energy, industry and mineral resources, was delivered on his behalf by Khalid bin Saleh  Al-Madifar, deputy minister of energy, industry and mineral resources for mining affairs.
Al-Falih said that King Salman and the crown prince place great emphasis on the Kingdom’s mining sector — an important part of Vision 2030 as the country seeks to develop energy, industry and mineral resources through the implementation of 42 initiatives.
The aim is to restructure the sector and raise the GDP from $17 billion to $64 billion and create 160,000 job opportunities by 2030.
Al-Falih said that the Kingdom has an advantage in being one of the leading players in the mining sector, helped mostly by its geographical location, free economy, the availability of energy and infrastructure, as well as ample land which is rich in mineral resources valued at $1.3 trillion.
 


Prince Khalid bin Salman: I never told Khashoggi to travel to Turkey

Saudi ambassador to the US Prince Khalid bin Salman
Updated 34 min 11 sec ago
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Prince Khalid bin Salman: I never told Khashoggi to travel to Turkey

  • ‘The last contact I had with Mr. Khashoggi was via text on Oct 26 2017’

JEDDAH: Saudi Arabia’s ambassador to the US Prince Khalid bin Salman, has said he did not tell Saudi journalist Jamal Khashoggi to go to Turkey, and has requested the US government release information related to the claim, which was made by a US newspaper.
“I never talked to him by phone and certainly never suggested he go to Turkey for any reason. I ask the US government to release any information regarding this claim,” Prince Khaled said in a tweet early Saturday morning.

“As we told the Washington Post the last contact I had with Mr. Khashoggi was via text on Oct 26 2017.”
Prince Khalid said that it was unfortunate that the Washington Post failed to publish the full Saudi response. “This is a serious accusation and should not be left to anonymous sources,” said the envoy, and provided a copy of the statement.