Chinese Investors Briefed on Industrial, Mining Investment Opportunities in Saudi Arabia

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef met with Chinese investors in Shanghai.
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef met with Chinese investors in Shanghai.
TT

Chinese Investors Briefed on Industrial, Mining Investment Opportunities in Saudi Arabia

Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef met with Chinese investors in Shanghai.
Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef met with Chinese investors in Shanghai.

The Saudi Minister of Industry and Mineral Resources Bandar Ibrahim Alkhorayef met with Chinese investors in Shanghai, where they discussed investment opportunities available in the Kingdom in mining and industry sectors.
President of the Royal Commission for Jubail and Yanbu Khalid Al-Salem, Vice Minister of Industry and Mineral Resources for Mining Affairs Khalid Al-Mudaifer, and leading officials of the industry and mining sectors attended the meeting, said SPA.
Interlocutors previewed the prominent investment opportunities provided by the Kingdom in the industrial and mining sectors.
The Saudi side highlighted the goals of the National Strategy for Industry and the opportunities provided in various industrial sectors.
The meeting examined the measures, initiatives and incentives provided by the ministry to create an attractive investment environment, remove obstacles for investors, and offer the required facilitations.
The Saudi officials spoke about the goals of the Saudi Vision 2030 in the mining sector and the opportunities it provides for investors worldwide in mineral exploration and investment opportunities.
The Saudi side highlighted the mining investment system in the Kingdom and the goals of the mining strategy.
Alkhorayef made the official visit to the People's Republic of China to strengthen the economic partnership in the industrial and mining sectors.
The visit also seeks to review the qualitative investment opportunities between the two countries and brief the Chinese side on the Kingdom's initiatives to enhance the strategic sectors of industry and mining.



Saudi Arabia, Italy Sign MoU to Strengthen Collaboration in Renewable Energy

The MoU focuses on key areas such as energy transitions and security, renewable energy and electricity interconnection. SPA
The MoU focuses on key areas such as energy transitions and security, renewable energy and electricity interconnection. SPA
TT

Saudi Arabia, Italy Sign MoU to Strengthen Collaboration in Renewable Energy

The MoU focuses on key areas such as energy transitions and security, renewable energy and electricity interconnection. SPA
The MoU focuses on key areas such as energy transitions and security, renewable energy and electricity interconnection. SPA

Saudi Minister of Energy Prince Abdulaziz bin Salman bin Abdulaziz has met in Riyadh with Italian Minister of Environment and Energy Security Gilberto Pichetto Fratin to explore avenues for cooperation across various energy sectors.

The two sides signed on Tuesday a memorandum of understanding (MoU) to strengthen collaboration between Saudi Arabia and Italy, serving their shared interests.

The MoU focuses on key areas such as energy transitions and security, renewable energy, electricity interconnection, energy efficiency, geothermal energy, methane emissions reduction, advancing energy storage solutions, petroleum, natural gas, and conventional and transitional fuels.

It also addresses enhancing the stability and reliability of petroleum and natural-gas markets, reducing market volatility, and improving energy supply security and supply chains.
The agreement highlights innovation and technology, such as hydrogen project development, climate-change mitigation solutions, the circular carbon economy, and carbon capture, utilization, and storage. Additionally, it emphasizes digital transformation, cybersecurity, and artificial intelligence in the energy sector while fostering joint initiatives to support engineering and construction projects in energy. These efforts align with the Paris Agreement and the 2030 Agenda for Sustainable Development.