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Sipchem targets $6.6b projects under government Shareek program


RIYADH: Saudi Arabian petrochemical and chemical manufacturing company Sipchem is studying SR25 billion ($6.6 billion) of projects with the Ministry of Energy in the next decade through the Shareek Program, CEO Abdullah Saif Al-Saadoon said.
Saudi Arabia launched the SR12 trillion Shareek Program in March to boost the role of the private sector in diversifying the economy, increasing resilience and supporting sustainable growth.
Saudi petrochemicals group said that month that Shareek would help it double capacity within the next 10 to 15 years.
Al-Saadoun said that Sipchem has signed an agreement with Germany’s Linde to expand into the industrial gases and clean energy sector through blue hydrogen, Al Arabiya reported. ....

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Full transcript of Crown Prince interview on Vision 2030


Full transcript of Crown Prince interview on Vision 2030
April 28, 2021
Saudi Gazette report
RIYADH Crown Prince Muhammad Bin Salman, who is also the chairman of the Council of Economic and Development Affairs, discussed on Tuesday the most important achievements of the Kingdom Vision 2030 programs and projects over the past five years.
In an interview broadcast by the state’s television and the most important Arab television channels, the Crown HRH Crown Prince affirmed that oil greatly served Saudi Arabia, pointing out that the Kingdom has been a country established before the discovery of oil.
He disclosed that the volume of income and growth achieved by oil is much greater than our needs at that time, particularly in the thirties and forties, adding that the volume of the surplus of income and economic growth was much more than we were aspiring for by hundreds of times. ....

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Full Transcript: Crown Prince Mohammed bin Salman interview with Saudi journalist Abdullah Al-Mudaifer


Abdullah Al-Mudaifer (AAM): Peace and blessings be upon you. Welcome to this very special interview with Crown Prince His Highness Mohammed bin Salman that is being broadcasted on the Saudi Channel and on a number of Arabic channels. Greetings to you, Your Highness. It’s a pleasure to have been given this opportunity.
Crown Prince Mohammed bin Salman (CP): It’s my pleasure also to meet with you Abdullah. You’re one of the best interviewers in Saudi Arabia and the Arab World. It’s my honor to be with you.
AAM: It’s my honor, Your Highness. Today, Your Highness we are celebrating the fifth Anniversary for Vision 2030 of the Kingdom. I would like to go back to square one. Why this Vision, and in another manner to ask the question, what if we were to continue with the same previous way as an oil producing country, a rich country, proceeding down the same path? ....

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