Close Menu
VernoNews
  • Home
  • World
  • National
  • Science
  • Business
  • Health
  • Education
  • Lifestyle
  • Entertainment
  • Sports
  • Technology
  • Gossip
Trending

300,000-Yr-Outdated Wood Instruments Found in China

July 10, 2025

Guardians vs. Astros Highlights | MLB on FOX

July 10, 2025

Elon Musk Unveils Grok 4 Amid Controversy Over Chatbot’s Antisemitic Posts

July 10, 2025

Faroe Islands launch journeys however hold the stops a secret

July 10, 2025

UFC makes Qatar debut with combat night time Doha in November

July 10, 2025

Dexter: Resurrection Evaluation: A Promising Revival

July 10, 2025

Donald Trump Praised by Native American Org. for Washington NFL Staff Identify Stance

July 10, 2025
Facebook X (Twitter) Instagram
VernoNews
  • Home
  • World
  • National
  • Science
  • Business
  • Health
  • Education
  • Lifestyle
  • Entertainment
  • Sports
  • Technology
  • Gossip
VernoNews
Home»Business»Saudi Arabia highlights $2.5tn mineral wealth and industrial roadmap at INNOPROM 2025 in Russia
Business

Saudi Arabia highlights $2.5tn mineral wealth and industrial roadmap at INNOPROM 2025 in Russia

VernoNewsBy VernoNewsJuly 9, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
Saudi Arabia highlights .5tn mineral wealth and industrial roadmap at INNOPROM 2025 in Russia
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email


Saudi Arabia has unveiled daring plans to reshape its industrial future and speed up world management in superior manufacturing and demanding minerals throughout INNOPROM 2025 in Yekaterinburg, Russia.

Talking at a strategic session titled “Technological Management: Industrial Breakthrough,” Minister of Business and Mineral Sources Bandar Alkhorayef laid out the Kingdom’s imaginative and prescient to turn into a world power in future applied sciences and Business 4.0 innovation.

The announcement comes as Saudi Arabia was honoured as a strategic associate at this 12 months’s INNOPROM exhibition—highlighting its growing worldwide engagement in industrial cooperation and technological development.

Saudi Arabia industrial technique

  • A Nationwide Industrial Technique constructed on three pillars:
    1. Localising essential industries together with meals, prescribed drugs, water, and defence
    2. Leveraging pure assets reminiscent of oil, gasoline, and minerals for superior petrochemicals and mining
    3. Pioneering future sectors together with AI, 3D printing, and sensible manufacturing (Business 4.0)
  • Robust deal with R&D, native content material growth, and know-how adoption incentives

Alkhorayef introduced that the Kingdom’s mineral wealth is now estimated at $2.5tn, up from $1.3tn, due to in depth geological surveys.

Key assets embody phosphate, copper, iron ore, zinc, and different strategic minerals important for the power transition and industrial provide chains.

The Future Minerals Discussion board (FMF)—hosted yearly in Riyadh since 2022—has emerged as a world platform for dialogue on mineral resilience and accountable sourcing, uniting governments, traders, academia, and business consultants throughout the worth chain.

The minister highlighted the alignment between Saudi Imaginative and prescient 2030 and Russia’s financial diversification objectives, pointing to shared priorities in digital transformation, innovation, and non-oil development.

He referenced the institution of the Saudi-Russian Joint Committee in 2002 and the opening of the Saudi Business Attaché workplace in Moscow in 2022 as pivotal steps in deepening bilateral cooperation.

Commerce between Saudi Arabia and Russia has grown from $491m in 2016 to $3.28bn in 2024

Avatar photo
VernoNews

Related Posts

UFC makes Qatar debut with combat night time Doha in November

July 10, 2025

G-Knot Appoints Fintech, Crypto Veteran Wes Kaplan as CEO to Launch the First Finger Vein Biometric Pockets

July 10, 2025

Stepan Firm Inventory: Anticipate Additional Upside From This Level On (NYSE:SCL)

July 10, 2025
Leave A Reply Cancel Reply

Don't Miss
Science

300,000-Yr-Outdated Wood Instruments Found in China

By VernoNewsJuly 10, 20250

Newly uncovered wood instruments from Pleistocene China reveal complicated, plant-focused expertise far sooner than anticipated…

Guardians vs. Astros Highlights | MLB on FOX

July 10, 2025

Elon Musk Unveils Grok 4 Amid Controversy Over Chatbot’s Antisemitic Posts

July 10, 2025

Faroe Islands launch journeys however hold the stops a secret

July 10, 2025

UFC makes Qatar debut with combat night time Doha in November

July 10, 2025

Dexter: Resurrection Evaluation: A Promising Revival

July 10, 2025

Donald Trump Praised by Native American Org. for Washington NFL Staff Identify Stance

July 10, 2025
About Us
About Us

VernoNews delivers fast, fearless coverage of the stories that matter — from breaking news and politics to pop culture and tech. Stay informed, stay sharp, stay ahead with VernoNews.

Our Picks

300,000-Yr-Outdated Wood Instruments Found in China

July 10, 2025

Guardians vs. Astros Highlights | MLB on FOX

July 10, 2025

Elon Musk Unveils Grok 4 Amid Controversy Over Chatbot’s Antisemitic Posts

July 10, 2025
Trending

Faroe Islands launch journeys however hold the stops a secret

July 10, 2025

UFC makes Qatar debut with combat night time Doha in November

July 10, 2025

Dexter: Resurrection Evaluation: A Promising Revival

July 10, 2025
  • Contact Us
  • Privacy Policy
  • Terms of Service
2025 Copyright © VernoNews. All rights reserved

Type above and press Enter to search. Press Esc to cancel.