Sultan Bin Jamal Shawli, Undersecretary of the Ministry of Petroleum and Minerals will inaugurate the third exhibition for minerals exploration, and investment under the theme “International Exhibition and Forum for Mineral Exploration, Investment and Application” MENA-EX 2010 at Jeddah Hilton on Sunday. More than 130 local and foreign companies including 60 firms engaged in exploration and mining within the Kingdom will participate to the forum aiming to discuss the investment opportunities available in the Saudi markets. “The exhibition reflects the interest of Saudi Arabia in the mineral wealth sector, and reflects the position of the Kingdom in terms of economic regional and international levels, and the pursuit of the Kingdom to attract investment in this important area, which is a tributary of the national economy,” said Tal'at Idris, head of Global Ozone International Conference and Exhibition, the organizers. He pointed out that the Kingdom is the largest country from the aspect of investment in the mineral; where the investors numbers more than 650 Saudi, Arabic, and foreign investors. Idris said the 3rd round of the exhibition will provide several investment opportunities for the interested people in the filed of exploring in the Middle East. The expo will provide an opportunity for investors from all participating countries to showcase their expertise and techniques in the area of surveying and prospecting, extraction and development of mineral resources, and exhibition sections will be put on what the various sectors of the business, highlighted by some studies, geological, seismic monitoring, control of geological hazards, maps and technical information on mineral resources in the kingdom and the world. “The exhibition's most important goals sought to attract local and foreign investment for Kingdom in the field of mining, provide opportunities for serious investors to evaluate the projects and new opportunities and network technologies mineral exploration, and to provide information related to applications of mining techniques as well as new developments plans, and urged the participants to invest in the mining industry,” added Idris.
