Wednesday, 7 March 2012

Saudi Arabia Continuous Dependence On Oil Toughest Challenge: Al-Naimi

A top-ranking member of the Saudi Cabinet has called for urgent steps to advance and develop the Kingdom’s downstream industries with a view to stimulating the economy, generating jobs and creating investment opportunities for small and medium enterprises.

Ali I. Al-Naimi, the minister of petroleum and mineral resources, was delivering a keynote address at the 2nd Saudi Downstream Strategic Forum on Tuesday. The two-day event, being organized by the Royal Commission for Jubail and Yanbu, has acquired immense importance in the industrial circles because of Custodian of the Two Holy Mosques King Abdullah’s patronage.

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