based Al-Nadwah said the approval of the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz to increase the capital of the Saudi Industrial Development Fund by SR 10 billion to SR 30 billion has provided a clear evidence for the great attention given by the Monarch to the growing industrial sector. The paper noted that SR 180 billion were spent on development projects last year adding that these gigantic development projects embody the big strides made by the Kingdom in the industrial sector. "Such industrial development projects constitute a good remedy for tackling the problem of unemployment in the country," the daily said. It believes that the national economy has successfully surpassed the world economic crisis, adding that the strength of the Saudi economy stands as a witness for the soundness of the government's economic policies. --MORE
