The development of oil and gas resources depends more on capital than labour, and exporting oil and gas neither generates maximum returns from these precious resources nor creates large numbers of jobs within the local economy. As a result, the… — Khalid A. Al-Falih Copy Share Image
Physical infrastructure remains important (particularly in developing nations), but concurrently investing in the development of a knowledge-based economy is essential to sustaining healthy economic growth and creating well-paying jobs in a highly competitive, ideas-driven global economy. — Khalid A. Al-Falih Copy Share Image
The development of oil and gas resources depends more on capital than labour, and exporting oil and gas neither generates maximum returns from these… — Khalid A. Al-Falih Copy Share Image
I think that rational people in the world know that oil is a very important commodity for the rest of the world. — Khalid A. Al-Falih Copy Share Image
We absolutely want to harness nuclear energy for peaceful purposes. There should be no doubt about Saudi Arabian intentions. Whatever we do is going… — Khalid A. Al-Falih Copy Share Image
It would be a mistake to believe that environmental protection and economic growth are mutually exclusive. — Khalid A. Al-Falih Copy Share Image
We have large resources of uranium that we are exploring, and we are extremely encouraged. — Khalid A. Al-Falih Copy Share Image
If oil prices will go too high, it will slow down the world economy and would trigger a global recession. — Khalid A. Al-Falih Copy Share Image
Resource-rich nations should not ignore efficiency simply because energy is abundant. — Khalid A. Al-Falih Copy Share Image
Our history with Americans goes back over 80 years. They came here, they helped us harness our oil and gas, and we became leaders. — Khalid A. Al-Falih Copy Share Image
It's true that robust governance structures, checks and balances, transparency of markets, directionally leads to... less vulnerability to corruption. — Khalid A. Al-Falih Copy Share Image
Saudi Arabia is a very responsible country. For decades, we used our oil policy as responsible economic tool and isolated it from politics. — Khalid A. Al-Falih Copy Share Image
My role as the energy minister is to implement my government's constructive and responsible role and stabilizing the world's energy markets accordingly, contributing to… — Khalid A. Al-Falih Copy Share Image
Physical infrastructure remains important (particularly in developing nations), but concurrently investing in the development of a knowledge-based economy is essential to sustaining healthy economic… — Khalid A. Al-Falih Copy Share Image
