boosting human resources as important as investment deals
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Boosting human resources as important as investment deals

Arab Today, arab today

Arab Today, arab today Boosting human resources as important as investment deals

Saudi Energy Minister Khalid Al-Falih
Riyadh - Arab Today

Boosting human resources is equally important as financial agreements and investments in terms of growing the economy, Saudi Arabia’s energy minister said on Sunday at the Riyadh Summit.
Khalid Al-Falih stressed that the Kingdom’s Vision 2030 reform plan puts great focus on making use of the Saudi youth.
The plan strives to equip the youth with proper skills to enable them to take advantage of the opportunities generated by the multibillion-dollar deals inked during the summit, as well as those signed with Asian partners during King’s Salman tour earlier this year.
Al-Falih said the deals will have a positive impact both on the economy and the people of the Kingdom, as hundreds of thousands of jobs will be created for the Saudi youth.
Touching on the oil sector, the minister said the Kingdom believes that extending the oil-cut agreement is enough to drain oil inventories.
“Extending the current agreement on global oil supply cuts until March next year, and adding one or two small producers to the pact, should be enough to reduce oil inventories.
“We believe that continuing the same level of cuts, plus eventually adding one or two small producers, will be more than adequate to bring the five-year balance to where it needs to be by the end of the first quarter of 2018,” he emphasized.
In the Kingdom’s talks with Russia about the oil-cut agreement, the minister said the two sides had constructive discussions.
OPEC and some non-OPEC producers agreed in December to cut output by 1.8 million barrels per day for six months to help stabilize oil prices. That deal is due to expire at the end of June.
The Saudi and Russian oil ministers said earlier this month that they would lobby other producers to achieve “full consensus” on extending the policy of supply restraint at a meeting next week.

Source: Arab News

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

boosting human resources as important as investment deals boosting human resources as important as investment deals

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

boosting human resources as important as investment deals boosting human resources as important as investment deals

 



GMT 08:23 2017 Monday ,03 April

Tesla tops quarterly sales forecast

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal

GMT 05:28 2017 Sunday ,26 November

Gas exporters call for 'fair price'

GMT 10:51 2018 Tuesday ,11 December

Cloudy weather with rain showers forecast Tuesday

GMT 20:00 2017 Monday ,25 September

Tourism minister leaves for France to attend Top Resa

GMT 22:07 2017 Tuesday ,02 May

UAE soldier martyred in Yemen

GMT 00:25 2017 Sunday ,10 September

Philippines Sees the Bloodiest

GMT 20:21 2017 Wednesday ,08 November

Ambassador Aizaz Chaudhry met members of Congress in US

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:16 2017 Monday ,25 December

Sharjah Ruler issues Emiri Decree on SGMB functions

GMT 13:16 2017 Sunday ,15 October

Qatari sheikh says assets frozen over Gulf crisis

GMT 12:50 2017 Saturday ,11 November

ICC prosecutor calls for Afghanistan war crimes probe

GMT 13:28 2012 Friday ,17 February

NYT\'s Anthony Shadid dies in Syria

GMT 16:44 2017 Friday ,01 September

Al-Bashir to partake in OIC Summit in Kazakhstan
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday