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.
 


We have a story to share with the Saudi people, says new US official in Riyadh

Cultural and educational exchange programs between Saudi Arabia and the United States help build stronger ties. (AN photo)
Updated 19 September 2018
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We have a story to share with the Saudi people, says new US official in Riyadh

  • We have a story to tell and a story to share in Saudi Arabia with the Saudi people. We are pleased that so many Saudis want to study in the United States: US Public Affairs Counselor in KSA

RIYADH: Cultural and educational exchange programs between Saudi Arabia and the United States “help build stronger ties between the two countries and bring them closer together,” according to Brian Shott, the new US Public Affairs Counselor in Saudi Arabia.

Speaking at a reception to welcome him at the US embassy in Riyadh on September 18, he said: “One of the main things we do is we try to share aspects of the United States and of American culture, but we also learn from Saudis and Saudi culture.” 

In her opening speech, the embassy’s Deputy Chief of Mission Martina Strong also highlighted the enduring relationship between the two countries, saying: “Tonight is a celebration, a celebration of a friendship that has extended over many, many decades.”

Shott, who previously served in Morocco, Cairo and Baghdad, will be in Saudi Arabia for the next two years, during which he will promote educational and cultural exchanges.

“There are some real opportunities here and we have been fortunate enough to be able take advantage of partnerships with Saudi organizations and Saudi agencies, whether it is the General Authority for Culture or the Ministry of Education,” he said.

“We have a story to tell and a story to share in Saudi Arabia with the Saudi people. We are pleased that so many Saudis want to study in the United States.”

Meanwhile, the reception also served as a farewell to Robin Yeager, the cultural attache in Riyadh. She said that it had been a “very dynamic time to be in Saudi Arabia. It has been a pleasure and an honor to be here at a time when I get to know first-hand the future that Saudis are trying to build.”

The night that women were were given the right to drive, she said she went out and saw the “thrill on their faces.” To assist with empowerment and other progressive policies, embassy staff work on social issues and provide leadership training for women’s groups, she said.

“It is beautiful because they take something that an American expert talks to them about and they turn it into the Saudi way to approach it,” she added. “It’s not that we are changing things; it’s that we are giving them tools, so they can build what they want to build.”