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Asharq Al-Awsat
Asharq Al-Awsat
Business
Riyadh- Fateh al-Rahman Youssef

Falih: Saudi Crown Prince to Attend G20 Summit in Argentina

Saudi Arabia's Energy Minister Khalid al-Falih talks during the 23rd World Energy Congress in Istanbul, Turkey, October 10, 2016. REUTERS/Murad Sezer

Saudi Crown Prince Mohammed bin Salman will attend the G20 summit in Argentina at the end of this month as part of a foreign tour, Saudi Minister of Energy, Industry and Mineral Resources Khalid Al-Falih said on Monday.

According to Falih, Saudi Arabia’s King Abdullah bin Abdulaziz will launch the largest solar power project in the Middle East region and possibly around the world next Thursday in Sakakah.

This came during a meeting between Falih and journalists in Riyadh on Monday to talk about the Custodian of the Two Holy Mosques’ inauguration of Waad Al-Shamaal project, a 440-square-km city for mining industries in the Kingdom’s northern region.

The project will cost 85 billion riyals ($22.7 billion) and create 10,000 jobs, according to Falih.

The energy minister confirmed that King Salman would lay the foundation stone for the Sakakah solar project and the wind power project, “Dumat Al-Jandal”. He noted that the mining projects would provide 90 thousand jobs, adding that the mining system was being reviewed by the experts’ body within the Cabinet and would enter into force in 2019.

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