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

MTN reviewing allegations after being named in U.S. complaint

Shile GIWA 

Why Nigeria should end fuel subsidy – Akabueze

Our Reporter

Polo Club: Access Bank commits to improving children’s welfare

Tonia Osundolire

New Minimum Wage: Labour issues two weeks ultimatum to FG

Editor

CBN boosts FG’s supports to revamp textile sector

Abisola THOMPSON 

Adesina says Moody’s AAA rating validates AfDB’s strength

Our Reporter