Trump to visit Saudi Arabia in mid-May: Report    Worshippers in Makkah and Madinah perform Eid Al-Fitr prayer    Saudi authorities shut down food factories and branches over suspected poisoning cases    Saudi Arabia welcomes formation of new Syrian government, expresses hope for stronger ties    Saudi Transport Authority says passengers can ride for free if taxi meters are off    Ministry of Education forms 425 community partnerships with SR653 million impact    Defense, interior, and national guard ministers extend Eid greetings, praise efforts of military and security personnel    Syria forms new government with 22 ministers including one woman President Sharaa vows reform and transparency    Israeli army fires warning shots at UN peacekeepers in southern Lebanon    Denmark rebukes US Vice President Vance over Greenland remarks    Mexico bans junk food in schools to fight childhood obesity epidemic    Makkah and Madinah mobile data usage exceeds global average during Ramadan: CST    Elon Musk's xAI acquires X in all-stock deal    Sweet sales surge ahead of Eid as Saudi chocolate imports top 123 million kg in 2024    Saudi creatives shine at Jeddah's Fawanees Nights with art, fashion, and storytelling    100 Thieves claim Marvel Rivals Invitational NA crown as 2025 scene heats up    T1 CEO confirms Gumayusi's return for LCK Spring after lineup shakeup    Bollywood actress vindicated over boyfriend's death after media hounding    Saudi Arabia hold Japan to goalless draw in Saitama to stay in World Cup hunt    NewJeans announces hiatus after setback in court battle    George Foreman, heavyweight champion and cultural icon, dies at 76    Grand Mufti rules against posting prayers and preaching in mosques on social media    King Salman prays for peace and stability for Palestinians in Ramadan message King reaffirms Saudi Arabia's commitment to serving the Two Holy Mosques and pilgrims    Bollywood star Saif Ali Khan 'out of danger' after attack at home in Mumbai    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Faqih: Self-sufficiency achieved in mining sector in a few years
Published in The Saudi Gazette on 20 - 11 - 2019

YANBU – Acting Undersecretary of the Ministry of Industry and Mineral Resources for Mineral Resources Ahmed Bin Muhammad Faqih has said the Kingdom has achieved self-sufficiency in the mining sector, despite it being a nascent sector. "Within just a few years, we have achieved self-sufficiency and it is remarkable," he said in an open meeting at the headquarters of Yanbu Chamber of Commerce and Industry (YCCI) on Tuesday.
Faqih added: "We have the next stage in which we will exploit industrial minerals. It needs some time to announce the beginning of exploitation, but the future is promising."
Faqih stressed that the ministry, in line with the directives of the Minister of Industry and Mineral Resources, is working on providing facilities, boosting development and giving a push to the wheel of mining investments.
These will have a positive effect in developing the region and further improving the citizens' standard of living, as the region has plenty of mineral resources and ores. He called on investors to get acquainted with the geological database and ‘Sinaiy' Platform on the ministry's website that will enable them to determine the areas available for investment and the licenses issued.
The open meeting touched on the role of the Ministry of Industry and Mineral Resources in developing the mining sector and exploring for areas rich in minerals, the ministry's projects and the mining opportunities in the region.
With the help of a visual presentation by Yasser Abu Saad, the first theme focused on potentials and mining investment opportunities in Madinah Province and the governorates of Yanbu, Badr and Al-Eiss.
The second theme dealt with the mining investment system and the mechanism for granting licenses, presented by Wijdan Al-Kaaf.
The third theme dealt with the efforts being exerted by the ministry in developing the mining sector and prospecting for sites rich in ores. The objective is to make mining the third pillar in the national economy, in line with the Kingdom's Vision 2030. It was presented by Faisal Shalabi.
Meanwhile, Chairman of Yanbu Chamber Murad Ali Al-Irwi said that the meeting was due to the keenness of the Ministry of Industry and Mineral Resources to provide a suitable work environment that is conducive to the exchange of ideas and information, reviewing the best solutions, and getting to know the latest organizational developments with the objective of raising the standard of the mining sector.
The meeting was held in the presence of the Undersecretary to the Yanbu Governor, Bandar Bin Khalid Al-Harbi, many businessmen and investors and players in the mining sector. The objective was to discuss the opportunities to achieve growth of the mining sector, deal with the most outstanding challenges facing them and the available mining investment opportunities.


Clic here to read the story from its source.