RIYADH — Saudi Minister of Trade and Mineral Sources Bandar Alkhorayef met with German Federal Minister for Financial Affairs and Power Katherina Reiche on the ministry’s headquarters in Riyadh on Sunday.
Throughout the assembly, they mentioned methods to additional strengthen financial ties and discover funding partnership alternatives within the industrial and mining sectors. Talking on the event, Alkhorayef reviewed the targets of the Nationwide Industrial Technique and the promising funding alternatives it presents throughout precedence industrial sectors.
He additionally highlighted the transformation and growth at present underway in Saudi Arabia’s mining sector, which gives distinctive funding alternatives for world firms in any respect levels of mining.
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The minister additionally outlined the Kingdom’s strategic benefits and the aggressive options of its funding surroundings, positioning Saudi Arabia as a promising world funding hub. These embody its geographic location, which connects three continents, and the incentives provided by the Kingdom’s industrial and mining ecosystem to facilitate the funding journey for each native and worldwide traders, he famous.
The 2 sides additionally mentioned methods to develop cooperation in superior manufacturing and in constructing and enhancing human capital within the industrial and mining sectors, equipping the workforce with high-level abilities in keeping with world finest practices.
