Friday, December 12, 2025 | 08:14 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Saudi Arabia seeks to more than triple mining revenue by 2030: minister

Image

Reuters CAIRO

CAIRO (Reuters) - Saudi Arabia aims to raise the contribution of the mining industry to the economy to $64 billion from $17 billion by 2030, Energy Minister Khalid al-Falih said on Monday.

"We are seeking to develop the mining sector through the implementation of a comprehensive strategy ... and raise its contribution to GDP from $17 billion to $64 billion, with the generation of 160,000 additional jobs by 2030," Falih told a mining conference in Cairo.

(Reporting by Ahmed Tolba; Writing by Aidan Lewis; Editing by Edmund Blair)

 

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 26 2018 | 3:24 PM IST

Explore News