JEDDAH: The Saudi Geological Survey (SGS) has revealed a plan to offer projects to the private sector aimed at exploiting mineral resources and sourcing raw materials locally instead of importing them, Aleqtisadiah newspaper reported.
SGS Chairman Zuhair Nawwab said the plan would be implemented after a feasibility study is completed to confirm that raw minerals are available in sufficient quantities.
Speaking on the sidelines of the first scientific symposium on industrial minerals and mining in Saudi Arabia at the SGS offices in Jeddah, Monday, he said that the plan is in line with the state’s Vision 2030 and its bid to diversify income sources and reduce dependence on oil.
Abdulrahman Bahawi of the SGS Department of Studies and Research said the symposium discussed how companies import raw materials that can be found in the Kingdom itself but remain unexploited. The market is being studied, including the quantities of minerals which exist in the country so as to identify the requirements of local industries, he said.
He said that producing raw materials domestically could cover local market demand if the raw products are found to be of good quality and in sufficient quantities.
Saudi Geological Survey plans to offer raw mineral exploitation projects to private sector
Saudi Geological Survey plans to offer raw mineral exploitation projects to private sector
King Abdulaziz Camel Festival draws 3,000 foreign visitors
- Through interactive exhibits and educational presentations, people can gain a deeper understanding of the cultural value camels hold in the Kingdom
RIYADH: The 10th King Abdulaziz Camel Festival is drawing record numbers of international tourists, solidifying its reputation as a premier cultural and heritage event in the Kingdom, the Saudi Press Agency reported.
The event, which runs until Jan. 3, is a key feature of the country's cultural tourism offering. According to its organizers, more than 3,000 people from over 50 countries have already visited.
The festival combines a rich array of cultural and entertainment programs that introduce visitors to the world of camels, from their various breeds to their significance in Saudi heritage.
Through interactive exhibits and educational presentations, people can gain a deeper understanding of the cultural value camels hold in the Kingdom.
Many visitors have expressed admiration for the quality of the festival’s organization and the hospitality they received, with some describing it as a “living museum,” the report said.
