Page 46 - ELM- JANUARY & FEBRUARY 2023

2/15/23, 11:25 AM Elm Signs a Cooperation Agreement with ESNAD
the mining sector, and monitor and control its financial

and regulatory compliance.

This step is part of the Kingdom’s efforts to increase the

contribution of the mining sector to the GDP and make it

the third pillar of industry in the Kingdom, in addition to

the oil and petrochemical industries, by optimally

leveraging mineral resources and developing their

industries. By leveraging cutting-edge technologies,

Elm-ESNAD cooperation will help raise business

efficiency in the sector, drive sustainability, raise

transparency and reliability in various mining activities,

ensure optimal utilization of mineral resources, protect

the environment, enhance the safety of workers, and

expand investment prospects.

Majid bin Saad Al-Arifi, Elm’s Spokesperson and

Executive Vice President of Marketing, said: “We are

pleased to conclude a cooperation agreement with

ESNAD to help upgrade its business in various fields.

This agreement is an embodiment of our commitment to

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