Featured Politics News World News

Saudi hopes to attract $427bn in investments by 2030

By Thompson ABISOLA

Saudi Arabia expects to attract investments of more than 1.6 trillion riyals ($427 billion) by 2030 in its push to boost industry, Energy Minister Khalid Al-Falih said on Thursday, according to state TV al-Ekhbariya.

“The programme to develop national industries and logistics services (is) the largest and most important, and has a huge impact on the Saudi economy,” Al-Falih said.

The minister estimated that the country’s mineral wealth was worth more than 1.3 trillion riyals.

Related posts

Fayose, police trade words over alleged compromise of governorship poll

Editor

Banks set to implement CBN directive on forex defaulters

Our Reporter

Nigeria to partner Benin Republic to ensure success of joint border post – Buhari

Editor

May Day: Workers’ conditions have worsened under Buhari, say ASUU, Atiku 

Our Reporter

Don’t make hasty decisions, beware of hypocrites, Akiolu advises Sanwo-Olu

By Abisola THOMPSON

Expert urges power minister to chart new roadmap for sector

Our Reporter