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GPCA: Value Addition is Key in Driving Economic Diversification in Saudi Arabia

9:56 AM MST | December 15, 2011 | Natasha Alperowicz in Dubai

The Saudi Ministry of Petroleum and Mineral Resources (Riyadh) is seeking to further maximize the value of the country’s resources through diversification, said Prince Faisal Bin Turki Bin Abdulaziz, advisor at the ministry, in his opening address at this year’s GPCA Forum now taking place in Dubai. The theme of the forum, attended by about 1,600 delegates, is “Moving Downstream—Creating Added Value and Sustainable Growth.”    “Essentially, the principle policy for resource utilization is adding value every step...

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