Fujairah Crown Prince Attends Launch of Fujairah Worldwide Mining Discussion board and Applauds World Strategic Objectives – Enterprise – Financial system and Finance

Fujairah Crown Prince Attends Launch of Fujairah Worldwide Mining Discussion board and Applauds World Strategic Objectives – Enterprise – Financial system and Finance

HH Sheikh Mohammed bin Hamad bin Mohammed Al Sharqi, Crown Prince of Fujairah, has emphasised the significance of highlighting the mining sector by figuring out future alternatives throughout the business whereas protecting an in depth eye on world developments.

This dedication is demonstrated by way of the launch of worldwide platforms and occasions that facilitate constructive dialogue between business leaders and determination makers, he added. The first aim is to collectively deal with challenges and provide you with progressive and sustainable options for the progress of the sector.

The Crown Prince made his assertion on the opening of the eighth version of the Fujairah Worldwide Mining Discussion board and its accompanying exhibition, which carries the theme ‘Mining Funding: Sustainable Growth’ and is held underneath the patronage of HH Sheikh Hamad bin Mohammed Al Sharqi, Member of the Supreme Council and ruler of Fujairah.

The opening occasion was organized by the Fujairah Pure Assets Company and the UAE Ministry of Power and Infrastructure (MoEI) on the DoubleTree by Hilton Fujairah Metropolis.

The opening ceremony was attended by Sheikh Saif bin Hamad bin Saif Al Sharqi, Chairman of the Fujairah Free Zone Authority; Sheikh Mohammed bin Hamad bin Saif Al Sharqi, Director Basic of Fujairah e-Authorities; Sheikh Abdullah bin Hamad bin Saif Al Sharqi; Sheikh Zayed bin Mohammed bin Hamdan Al Nahyan; Khaled Battal Al-Najm, Minister of Trade and Minerals of the Republic of Iraq; Mohammed bin Abdul Aziz Al Shehhi, Undersecretary of the Ministry of Financial system; and Ahmed bin Mohammed Faqih, Undersecretary of the Ministry of Trade and Mineral Assets for Mining Management and Compliance in Saudi Arabia.

Sheikh Mohammed Al Sharqi underlined the superior place that the Emirate of Fujairah occupies on the world stage with regard to the mining business and its standing as a gorgeous funding vacation spot on this sector. He highlighted the exceptional function the Fujairah Worldwide Mining Discussion board is taking part in in strengthening the emirate’s management, its help to the mining sector and its contributions to the ’12 months of Sustainability’ initiative and the UAE’s efforts to advertise local weather motion and guarantee useful resource sustainability.

He urged all stakeholders to benefit from the alternatives and experiences provided by the Discussion board and be taught from profitable practices, which contribute to supporting the UAE’s imaginative and prescient to preserve and maintain mineral assets.

In his speech on the opening ceremony of the Discussion board, Saif Ghubash, Performing Assistant Undersecretary for Petroleum, Gasoline and Mineral Assets on the Ministry of Power and Infrastructure (MoEI), stated: “The UAE, by way of the Ministry of Power and Infrastructure, is dedicated to supporting and inspiring investments within the mining sector and updating laws and legal guidelines associated to manufacturing, renewable vitality and mining within the nation. The ministry has developed the Mineral Assets Technique, which goals to extend the share of GDP attributed to mining and transformative industries, in addition to enhance the variety of firms working within the sector, entice mining-related investments to the UAE draw and promote their use. of renewable vitality and superior expertise to attain the UAE’s objectives on local weather change and decreasing carbon emissions.”

Mohamed Saif Al-Afkham, Director Basic of Fujairah Municipality and Chairman of the Board of Administrators of Fujairah Pure Assets Company, stated: “The Discussion board displays the UAE’s success in organizing distinguished worldwide specialised occasions, particularly now that nation is getting ready to host the twenty eighth convention. of the events to the United Nations Framework Conference on Local weather Change (COP28) in November. This yr’s version of the Discussion board is a particular one as it should, amongst different issues, launch an award to acknowledge the most effective sustainable mining practices amongst firms working within the mining sector within the Emirate of Fujairah, in an effort to advertise environmental innovation and promote sustainable growth. .”

Adel Saqr, Director Basic of the Arab Group for Industrial Growth, Standardization and Mining (AIDSMO), spoke on the opening ceremony of the Discussion board and highlighted the Group’s function in creating the Arab mining sector by launching supporting digital tasks. He counseled the Discussion board for its targets and function in selling and strengthening local weather methods world wide.

The 2-day Fujairah Worldwide Mining Discussion board goals to debate the way forward for mining and funding alternatives within the sector, along with addressing world digital transformation developments in mining tasks and exploring finest practices from Arab and worldwide firms and establishments within the subject.

Dr. Ahmed Hamdan Al Zeyoudi, Director of the Workplace of HH Crown Prince of Fujairah, attended the Discussion board’s launch occasion, together with govt administrators, managers and specialists in mining and business.

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