Naimi delivered a speech in which he highlighted progress of Jazan Economic City project and the development vision, strategic and economic thinking behind projects of cities and industrial complexes, including the economic city project in (...)
term energy market fundamentals, and our strong conviction the region will play a key role in meeting the expected increase in energy demand, every effort is being taken by GCC governments to maintain and improve their standing in the global (...)
Naimi has pointed out that what has been achieved in the Kingdom of Saudi Arabia during the past seven years of social welfare, economic prosperity, and scientific, technical, industrial and commercial developments, has made the Kingdom one of the (...)
Naimi met with Indian Minister of Petroleum and Natural Gas Murli Deora.
During the meeting, they exchanged views on the situations in the world oil markets and discussed cooperation between the two countries pertaining to petroleum and mineral (...)
Naimi reaffirmed the commitment of the Kingdom of Saudi Arabia to provide oil to global markets.
On May 05, 2009, GCC leaders held the 11th Consultative Meeting in Riyadh under the chairmanship of the Custodian of the Two Holy Mosques King (...)
Naimi arrived in China to attend the opening ceremony of Fujian Refinery Project.
On November 14, 2009, the Minister of Finance Dr. Ibrahim Al-Assaf signed an agreement to finance a medical project in Kenya.
On November 15, 2009, Forbes (...)
Naimi will hold a press conference with the participation of Prince Abdulaziz bin Salman bin Abdulaziz, Assistant Minister of Petroleum and Mineral Resources for Petroleum Affairs who is also the head of the preparatory committee for the meeting, (...)
setting nearly in 1986 and since then prices are determined by the market. The Acute fluctuations that we see today in the market has neither to do with the organization nor the producing countries".
He asserted that the task of the producing (...)
Naimi introduced to The Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz, OPEC former secretaries general, current secretary general, distinguished researchers and prominent journalists who contributed to the service of OPEC.
Minister (...)
Naimi affirmed that the Kingdom is committed to maintaining productive capacity in excess of its need, noting that the Kingdom's performance during crises in the region has proved its ability to counter these problems. The Gulf region has faced many (...)
Naimi affirmed that the Kingdom is committed to maintaining productive capacity in excess of its need, noting that the Kingdom's performance during crises in the region has proved its ability to counter these problems. The Gulf region has faced many (...)
Naimi delivered a speech in which he welcomed the Custodian of The Two Holy Mosques, King Abdullah bin Abdulaziz Al-Saud and Crown Prince Sultan bin Abdulaziz, Deputy Premier, Minister of Defense and Aviation and Inspector General.
Addressing them, (...)
consuming countries which will help in preserving the stability of oil prices in the international markets and in securing oil supplies. "These issues have received big attention of the Custodian of the Two Holy Mosques, King Abdullah bin Abdul-Aziz (...)
Naimi met here today Sudanese Minister of Energy and Mining Dr. Awad Ahmad Al-Jaz and the accompanying delegation.
During the meeting, they discussed issues pertaining to the international petroleum market and the efforts of the oil-producing (...)
RELATED TO PETROLEUM SUCH AS TOURISM, SERVICES SECTOR, ADVANCED EDUCATION AND MODERN TECHNOLOGIES.
ALNAIMI INDICATED THAT 60 PERCENT OF THE WORLD OIL RESERVE IS SITUATED IN THE ARAB WORLD, ONE-THIRD OF WORLD OIL PRODUCTION FLOWS FROM ARAB COUNTRIES (...)
Naimi said foreign companies licensed to carry out mining operations in the Kingdom make an annual revenue of SR12 billion.
He said seven foreign companies have received 17 licenses to conduct a variety of activities including mining and (...)