# Mohammed bin Salman and Saudi Arabia's Vision 2030: A Transformation for the Modern Era

## Introduction

Since Crown Prince Mohammed bin Salman (MBS) assumed power in 2017, Saudi Arabia has undergone a remarkable transformation that challenges long-standing Western perceptions of the kingdom.

Far from being a nation bound by rigid traditions, Saudi Arabia under MBS's leadership has embarked on an ambitious journey to modernize its society and economy through Vision 2030—a comprehensive reform program designed to diversify the economy, enhance quality of life, and position the kingdom as a global leader in various sectors.

## Economic Reforms and Diversification

Vision 2030 represents a fundamental shift in Saudi Arabia's economic strategy, moving away from oil dependency toward a more diversified and sustainable economy.

The crown prince has spearheaded initiatives that have yielded impressive results:

### Employment and Economic Growth
Recent data shows that Saudi Arabia has achieved historic lows in unemployment rates, with overall

# Mohammed bin Salman and Saudi Arabia's Vision 2030: A Transformation for the Modern Era

## Introduction

Since Crown Prince Mohammed bin Salman (MBS) assumed power in 2017, Saudi Arabia has undergone a remarkable transformation that challenges long-standing Western perceptions of the kingdom.

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Content: Crown Prince ’ s participation in APEC summit reflects Kingdom ’ s global standing and leadership
The objectives of the Forum and the objectives of Vision 2030
Crown Prince Mohammed bin Salman
The participation of Crown Prince and Prime Minister, HRH Prince Mohammed bin Salman, in the summit of the Asia-Pacific Economic Cooperation (APEC), is a global recognition of the Kingdom ’ s stature and leadership and recognition of its political and economic weight.
The participation of the Crown Prince also comes in solidarity with the political, economic and military crises in the world, and because of the compatibility between the objectives of the Forum and the objectives of Vision 2030 to improve the future of the Kingdom and sustainability, and confirmation of the Kingdom's strong international financial system G20 in terms of growth rate.
The Kingdom has a dynamic, robust and robust economy, suited to the needs of the world ’ s largest market in terms of demand.
The Kingdom achieved economic growth that exceeded global growth despite the crisis of the global rise in energy prices, as the non-oil sectors in the Kingdom achieved high growth rates and achieved economic diversification.
One of the most important elements that have helped the Kingdom to excel, as well as the rapid developments in reaching advanced positions in global indicators, is the existence of effective strategies, with clear objectives and initiatives put forward and implemented on the ground, in line with Vision 2030.
Five years after the launch of Vision 2030, the Saudi economic landscape is different and tops the global list with its strength, robustness and diversity.
The Kingdom has always proved to be the most difficult figure at the global level, with its weight, prestige and strategic plans, thanks to its strong potential, confirmed and proven by the estimates of Crown Prince Mohammed bin Salman, that Saudi Arabia will be the fastest growing in the world.
This is what the world is currently witnessing, as the Kingdom has become one of the highest growing economies.
Vision 2030 has contributed to strengthening the Kingdom ’ s international standing, not only through raising and increasing the Kingdom ’ s economic capabilities, or through the automatic integration of the Saudi economy into the global economy, but through an addition that makes Riyadh a focal point for many emerging economies as a model and a reliable defender in preserving their interests.
Vision 2030 has created a huge economic diversification in the Kingdom ’ s economic structure, so that the Saudi economy does not become dependent on fluctuations in the price of oil in international markets, but rather becomes a more effective contributor to many future economic sectors.
According to the Organization for Economic Cooperation and Development (OECD), which lowered its forecast for the performance of the global economy for the current year in 2023, as its estimates were affected by the slowdown in growth in most economies in the world, but it kept its forecast for the growth of the Saudi economy during 2022 at 9.9%, and the growth of the Saudi economy during the next year 2023 by 6%.
This announcement comes after the International Monetary Fund praised the strength of the Kingdom's economy and financial position, and that the economic prospects of the Kingdom are positive in the near and medium term, with continued recovery of economic growth rates, containment of inflation, in addition to the increasing strength of its external economic position.
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Content: How did the Kingdom achieve an extraordinary breakthrough in reducing unemployment?
The words of the Crown Prince revealed a strategic vision based on the human factor
“Our most precious wealth, no matter how great it may be: an ambitious people, most of them young, is the pride of our country and the guarantee of its future with the help of God, ” the words of His Royal Highness Prince Mohammed bin Salman, revealing a strategic vision for the Kingdom, based on the human factor.
Thanks to Vision 2030, which put the human factor in mind, unemployment reached an all-time low in Saudi history, remaining relatively stable at 3.5% compared to 3.4% in the fourth quarter of 2023, according to an index of the General Authority for Statistics, monitoring the overall unemployment rate of Saudis and non-Saudis.
Approaching the target of "Vision 2030", which had put an end to it at 7%, unemployment among Saudis registered a decline by the end of the first quarter of this year (2024) to reach 7.6% in the first quarter of 2024 compared to 7.8% in the fourth quarter of 2023, according to the Labor Market Bulletin issued by the General Authority for Statistics for the first quarter of 2024, which showed changes in the labor market for that period. Estimating the results of the fourth quarter 2023 using the data of the Saudi census 2022.
While the unemployment rate for Saudi women increased slightly in the first quarter of 2024 to 14.2% compared to 13.9% in the previous quarter, the unemployment rate for Saudi men decreased in the first quarter of 2024 to 4.2% compared to 4.6% in the previous quarter.
The labor force indicators in the first quarter of 2024 showed an increase in the labor force participation rate of the total Saudis for the first quarter of 2024 to reach 51.4% compared to 50.4% in the previous quarter, while the participation rate in the total labor force of Saudis and non-Saudis decreased to reach 66.0% compared to the fourth quarter of 2023 (67.0%).
According to the results of the Labour Market Bulletin for the first quarter of 2024, the labor force participation rate for Saudi women increased to 35.8% compared to 35.0% in the previous quarter, and the labor force participation rate for Saudi males increased in the first quarter of 2024, reaching 66.4% compared to 65.4% in the previous quarter.
Indicators adopted by the General Authority for Statistics (GASTAT) indicated access to them, by collecting information through a representative sample of the population of the various administrative regions in the Kingdom of families, and completing an electronic form containing a number of questions.
How did the UK achieve these extraordinary results?
After a previous statement by Crown Prince and Prime Minister Prince Mohammed bin Salman bin Abdul Aziz, in which he revealed the target of unemployment among Saudis between 4 and 7%, stressing that the government will achieve that goal before the deadline, the Kingdom devoted its efforts to reach this goal before the deadline, which was achieved by a large percentage; according to the latest results.
These positive developments have been linked by specialists to corrective strategies for the labor market, support for private sector establishments, and Emiratisation programs.
The latest Emiratisation decision in the Kingdom was the entry into force of the second phase of the decision to localize consultancy services professions by 40%, as of March 25, as part of the Ministry of Human Resources ’ plan to provide more stimulating and productive employment opportunities for citizens in various regions of the Kingdom.
From time to time, the Ministry of Human Resources and Social Development issues Emiratisation decisions targeting a number of jobs in the labor market, in an attempt to reduce the unemployment rate among citizens, and to push qualified categories, to contribute to achieving the goals of Vision 2030 through Saudi hands.
However, the entry of qualified citizens into the labor market would only have been achieved through a globally competitive promotion through the Human Capacity Development Program, which worked to build an ambitious national strategy for the development of citizen capabilities, starting from early childhood, through general education, university education and technical and vocational training, to training and lifelong learning, with the participation of government agencies, the private sector and the non-profit sector.
Since its launch in 2021, the Human Capacity Development Program has worked to ensure the readiness of citizens at all stages of life by investing in national talents and competencies, ensuring the alignment of educational outputs with the needs of the labor market, promoting and supporting the culture of innovation and entrepreneurship, developing and rehabilitating skills, as well as consolidating and promoting values to achieve a prosperous economy led by highly competent national capabilities.
This program combined with the incentives and support programs provided by the Ministry of Human Resources and Social Development to private sector enterprises to help companies employ citizens, which resulted in a significant reduction in the unemployment rate among Saudis.
Among the incentives provided by "Human Resources" are: training and qualification, support for the recruitment process of human resources, in addition to specialized programs provided by the Human Resources Development Fund "HADAF".
Factors have combined with many policies and decisions, including diversifying the economy and not relying on oil as a primary source of income, so tourism has emerged as one of the sectors that contributed to reducing the unemployment rate to unprecedented levels.
* Tourism.
Contribute to reducing unemployment
On the contribution of the tourism sector to job creation, Crown Prince Mohammed bin Salman said in previous statements that the tourism sector will create 3 million jobs until 2030.
In an effort to push this sector forward, the Ministry of Tourism has provided a number of procedures to facilitate visitors to the Kingdom from all countries of the world, the latest of which is the introduction of an e-visa for holders of tickets to the World Cup e-sports to enable them to visit the Kingdom ’ s various destinations in the summer of Saudi Arabia.
The measures contributed to an increase in the number of tourists in Saudi Arabia by 10% in the first quarter of 2024, while their spending increased by 17%, according to Saudi Minister of Tourism Ahmed al-Khatib, who stressed that the Kingdom achieved the objectives of the national tourism strategy early.
According to Khatib, domestic tourism in Saudi Arabia reached 77 million visits in 2023, which reflected on the unemployment rate in the Kingdom.
The development in the tourism sector coincided with the success of the Kingdom in attracting foreign investments to its territory; the net foreign direct investment inflows in Saudi Arabia recorded 13 billion riyals during the fourth quarter of 2023 compared to 11 billion riyals in the third quarter of the same year, an increase of 16%.
The balance of foreign direct investment in Saudi Arabia at the end of 2022 amounted to 762 billion riyals, while the total inflows of foreign direct investment amounted to 123 billion riyals.
That inflow of investment was reflected in the growth of the private sector and the increase in employment opportunities, which contributed to the creation of jobs and the reduction of unemployment rates.
Are there any other areas?
Digital and technological transformation was one of the prominent factors that contributed to the emergence of new opportunities in the labor market; the promotion of innovation and the adoption of modern technology in various sectors in the Kingdom, in turn, reflected in increasing jobs and reducing the size of unemployment in the Kingdom.
The Kingdom has sought to create an attractive economic environment, and its national strategy for industry has set its sights on labour-intensive sectors, which included 12 strategic sectors, including the automotive industry.
The National Industrial Strategy focuses on 12 sub-sectors to diversify the industrial economy in the Kingdom, while it has identified more than 800 investment opportunities worth SAR 1 trillion, forming a new chapter of sustainable growth for the sector, achieving ambitious economic returns for the Kingdom by 2030, including: tripling the industrial GDP and doubling the value of industrial exports to reach SAR 557 billion.
The National Strategy for Industry is also working to bring the total value of additional investments in the sector to 1.3 trillion riyals, increasing exports of advanced technical products by about six times, in addition to creating tens of thousands of high-quality jobs.
* Government Incentives
According to a report issued by the National Labor Observatory of the Human Resources Fund, the incentives provided to the private sector, which are: material and rewards, training and continuous development, in addition to support and Emiratisation programs, contributed to reducing the unemployment rate among Saudis.
The report says that thanks to these government incentives, the private sector was able to add about 1 million new jobs in 2023, exceeding 11 million compared to 9.9 million in 2022.
According to the report issued months ago, the total number of citizens working in the private sector between one and three years of work amounted to more than 611,000 employees, while the number of citizens in private companies between three and five years amounted to more than 377,000 workers.
Experts say that the low unemployment rate confirms that Saudi strategies, which resulted in the entry of a large number of local and international companies into the labor market, in addition to the launch of a number of major government projects, contributed to raising employment rates, which confirms that the Kingdom is on a steady pace towards achieving the goals of Vision 2030 ahead of time.
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Content: Our readers are Instagram users
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If the world today stands in awe of this qualitative leap in the Kingdom of Saudi Arabia in the fields of culture, arts, sports and other vital activities, it is not because it was done with a magic wand.
The basis from which Vision 2030 was launched is that this country is sprawling and striking in history and geography, has the momentum of cultural diversity, which makes it the focus of the world ’ s attention, and even one of its most important centers that make the event and lead the locomotive deservedly.
All the conditions for success are available, the most important of which is the readiness of the Saudi society in all its segments and age groups to accept this openness and then enrich it with individual and collective initiatives, because of its nature and psychological composition far from convulsive, and accustomed to accepting the other.
The natural readiness to open up and interact with the cultures of the world starts from the seasons of Hajj, receiving expatriates from experts and workers, to the desire to discover the other through tourism and entertainment trips that the Saudis used to practice thanks to the luxury they enjoy rare in other countries.
Most important of all, it is a political decision without which nations do not rise or join the ranks of civilization.
The initiative of Crown Prince Mohammed bin Salman was the response to all these data and became the civilizational project that will change the face of the region once and for all.
Of course, Prince Mohammed bin Salman chose the Kingdom ’ s Vision 2030 high competencies, including those supervising the organization of the entertainment sector in order to provide the necessary options and opportunities for all segments of society in all regions of the Kingdom, to enrich life and give it the joy and celebration it deserves as a goal and goal.
The role of the private sector in the construction and development of entertainment activities had to be stimulated and included in the project within a comprehensive vision based on investment in culture.
Entertainment is a word that is about to be confused and misunderstood by many parties, whether from the receiving audience or from the source and those tasked with supervising the activity and communicating the goal.
What makes the caution about recreational activities is how they are classified by those who carry them, because they are facets, and they accept interpretation.
But it depends on the nature of what is presented, and whether calling foreign shows and grouping them under one roof can make a festival, seminar, intellectual, artistic or sports meeting.
The most prominent question is whether the recreational activity is meant to entertain and enjoy leisure time as agreed or whether it has its social and cultural controls under the roof of the vision desired by the country ’ s policy?
The answer comes from the heart of the Saudi Ministry of Culture, which has set its goals in promoting culture as a way of life, enabling culture to contribute to economic growth, and creating opportunities for global cultural exchange.
All these goals come from recreational activity and are achieved through it because it changes the rules of the game, and culture becomes a comprehensive concept that plays an educational, economic and social role, not just filling and gathering without a clear curriculum.
In order to liberate culture from its ivory tower and narrow academic cages, it must take on a recreational dimension that achieves both pleasure and benefit, for the building of a cohesive society and the formation of an individual immune to extremism and sectarianism can only be achieved through the recreational activity provided by the State that gives added value to any cultural, artistic or sporting achievement.
Everyone agrees that entertainment alone is not enough without an accompanying cultural movement supported by the state, otherwise the results will be counterproductive, as it is necessary to encourage local production first and then joint and then global, so that the situation is not consumer, and cultural spaces and institutions become more like free markets without special features.
Returning to the ambiguities that can be raised by the word entertainment, we should be aware that the pleasure that accompanies the entertainment activity is not that superficial and demagogic, but is based on an intellectual and cultural momentum that needs content and works of fiction and a different view of music, theater and plastic arts.
Spreading artistic and creative taste through entertainment is not an easy task, but it paid off in the Kingdom in record time, and amazing results began to appear as in all the demonstrations that revolved around Vision 2030 and attended by the most prominent international names who expressed their surprise.
Saudi Arabia won this bet thanks to the disciplined and controlled performance of the supervising authorities, in addition to the political boldness that took the decision and started from realistic data and not just the desire to renew and ride the adventure.

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Content: Saudi News
Vision 2030 is reshaping the Third Kingdom on solid foundations
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Thank you for reading Vision 2030 is reshaping the Third Kingdom on firm foundations and we assure you that we always seek to provide you with all that is new and exclusive and now we get into the details
RIYADH (Reuters) - In seven years since its announcement in 2016, the Kingdom has witnessed tangible progress in many areas achieved as a result of the continuous efforts of the wise leadership to reformulate the third Kingdom on firm foundations and solid foundations from which the country will move towards prosperity and sustainable development.
Creativity and insight
The writer added in his article in the newspaper “Riyadh ” entitled“ Continuous Progress ”, that the progress achieved by the Kingdom was continuous and qualitative, reflecting the size of the official efforts exerted, and the efficiency of planning, so as to achieve the target, this progress was not limited to what was stated in the periodic reports of government agencies, but also witnessed by various international organizations, which saw that the Kingdom succeeded in achieving everything it sought and planned with rare ingenuity, It relies on the creativity of its leaders and their innovative thinking, and the determination of its children and their serious desire to bring about radical change, and keep pace with global development. ”
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Advance in various fields
“During the years of vision, Saudi progress has been a lot and diverse, not the first of which is the progress in the education, health and digital infrastructure index of the country, not the last of which is the progress in the global competitiveness index and government performance, to what the Kingdom achieved hours before moving to the sixth place in the values and behaviors index of the business sector, according to the annual report of global competitiveness“ 2022 ” published by the International Institute for Management Development.
New investment sectors
“This ranking reflects excellence in the development of four main categories, including economic performance, governance efficiency, business environment efficiency, and infrastructure, including business efficiency, alignment with international standards, openness to foreign investment, business competitiveness, economic development, business flexibility, and digital transformation. ”
The writer continued, “It is not possible to separate the Saudi progress in the values and behaviors index of the business sector, and the progress achieved by the national economy in the years of vision, through the introduction of new investment sectors, the announcement of quality projects, diversity in sources of income, attracting foreign investments, and reducing dependence on oil income. ”
Exceptional hard work.
“What has been achieved for the Kingdom in the international indicators is not a mere coincidence, but is the result of a hard and exceptional work, blessed by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and led by the Crown Prince and Prime Minister to translate the vision programs and plans into tangible achievements, sensed by the follow-ups of the Gulf 365 and the resident, and praised by the world. ”

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Content: Weekly "Sabq" summary: Saudi unemployment falls to historic low..
The kingdom has discovered new oil and gas fields.
It was 155 depraved.
Approval of the insurance system for new entrants to work
The electronic newspaper "Sabq" conveyed to its readers and followers through its various platforms all the important events that resulted in last week, in conjunction with their occurrence, including the decline in the unemployment rate of the total Saudis to the lowest historical level, and the arrest of 155 accused; involved in crimes of bribery, money laundering and fraud, the discovery of Aramco new oil and gas fields, and the approval of hearing of criminal cases by three judges Criminal courts only, the announcement by the Public Investment Fund (PIF) of a net profit of 74 billion riyals last year, the approval by the Council of Ministers of the new social insurance system for new entrants to work, and the implementation by Saudi Arabia of an airdrop of quality food aid on the Gaza Strip.
Among the events witnessed last week, which was reported by Sabq to its readers, time and savings deposits in the Saudi banking system reached an all-time high of 889.558 billion riyals at the end of last May, the launch of the first edition of the World Cup for e-sports, and the approval of the granting of Saudi nationality to a number of scientists, doctors, researchers, innovators, entrepreneurs and distinguished people with skills and rare specialties. its executive regulations.
Compulsory Insurance
The week began its important events on Sunday, with the announcement of the General Authority for Statistics that the unemployment rate for total Saudis fell to 7.6% in the first quarter of 2024 compared to 7.8% in the fourth quarter of 2023, the lowest level recorded historically, and the unemployment rate rose slightly for Saudi women in the first quarter of 2024, where it reached 14.2% compared to 13.9% in the previous quarter. Saudi Aramco has awarded contracts worth more than $25 billion to continue its strategic gas expansion, which aims to grow sales gas production by more than 60% by 2030 compared to 2021 levels.
"Statistics": Unemployment rates reach historic lowest level in the first quarter of 2024
Aramco awards $25 billion contracts to expand gas production and promote sustainability
Nazaha announced on Monday the end of the investigation of 382 suspects during the month of June, including employees of the Ministries of Interior, National Guard, Commerce, Health, Education, Municipal and Rural Affairs, Housing, Transport and Logistics, and Culture, and arrested 155 accused according to the Criminal Procedure Law for their involvement in the charges of “bribery, abuse of functional influence, money laundering, and fraud. ” The Health Insurance Council and the Insurance Authority have begun to apply the compulsory insurance decision on domestic workers registered with the employer, in case their number exceeds four persons.
Nazaha: 155 suspects arrested and 382 investigated for bribery, fraud and money laundering
The introduction of compulsory health insurance for domestic workers in case their number exceeds 4 persons
Conjoined Twins
The Minister of Energy, Prince Abdulaziz bin Salman, announced on Monday that Saudi Aramco has discovered two unconventional oil fields, a reservoir of Arab light oil, two natural gas fields and two natural gas reservoirs in the Eastern Province. A decision to designate November 24 of each year as the International Day of Conjoined Twins, at the initiative of the Kingdom with the nucleus group of the project: Bahrain, Morocco, Qatar and Yemen.
Minister of Energy: New discoveries of oil and natural gas in the Eastern Province and the Empty Quarter
The President of the Supreme Judicial Council approves the hearing of criminal cases by 3 judges
at the initiative of Saudi Arabia.
The United Nations has declared November 24 as International Day of Conjoined Twins.
The Public Investment Fund (PIF) announced on Tuesday a net profit of 74 billion riyals ($19.7 billion) last year, bringing the fund ’ s net income, including comprehensive income, to 138 billion riyals ($36.7 billion), while the Kingdom achieved a growth in the spending of visitors coming from abroad during the first quarter of 2024 by 22.9% compared to the first quarter of 2023. Central Saudi Arabia.
A1 and a positive outlook.
Investment Fund posts net profit of SAR 74 billion in 365 days
Ministry of Tourism: Kingdom visitors spend more than 45 billion riyals in the first quarter of 2024
SAVINGS DEPOSITS
The Council of Ministers, chaired by Crown Prince Mohammed bin Salman, approved the new social insurance system for new entrants to work, and that the provisions of the civil pension and social insurance systems continue to apply to current participants, except for the provisions related to the statutory age of retirement and the qualifying period for pension entitlement for some categories. 24, achieving an annual growth of 23.4%, and an increase of 168,789 billion riyals, compared to the same period of the previous year, according to the statistical bulletin issued by the Central Bank of Saudi Arabia for May 2024.
held under the chairmanship of the Crown Prince.
The Council of Ministers approves the new social insurance system for new entrants to work
889 billion rials.
Time Deposits and Savings in the Saudi Banking System Record Highest Ever
The Public Prosecution announced on Wednesday the issuance of a prison sentence of 7 years and a fine of one million riyals on a citizen who committed financial fraud, where he deluded his victims of financial investment through one of his front companies, taking advantage of the similarity in the name of a company that practices the same activity. It was launched last year to be the biggest celebration of innovation, creativity and competition.
He took 18 million dollars from his victims.
Public Prosecution: Sentenced to 7 Years in Prison for Financial Fraud
eSports World Cup kicks off in Riyadh
Nationality of Saudi Arabia
On Thursday, the Supreme Council approved granting Saudi citizenship to a number of scientists, doctors, researchers, innovators, entrepreneurs and distinguished individuals with rare competencies, expertise and specialties, in light of the Royal Order granting Saudi citizenship to legitimate, medical, scientific, cultural, sports and technical competencies for the benefit of the country in various fields, in line with Vision 2030. In the "X" platform and fined them 11.1 million riyals.
The Royal Decree approves the granting of Saudi nationality to a number of scientists, researchers, innovators and distinguished in several fields
Two Capital Market Law Violators Convicted and Fined SR 11.1 Million for Promoting an Opinion via “X ” to Influence the Stock Prices of 17 Companies
Crown Prince Mohammed bin Salman sent a congratulatory message on Friday to Keir Starmer, Prime Minister of the United Kingdom of Great Britain and Northern Ireland, on his appointment as Prime Minister of his country, while Starmer pledged to rebuild and unite the country after his Labor Party won a landslide victory in the legislative elections.
Crown Prince Congratulates Starmer on Appointment as UK Prime Minister
It won ’ t change with a button.
The new British prime minister after the sweep: I will reunite the country!
Find out the details of the new social insurance system.
The Royal Court Advisor and General Supervisor of the King Salman Humanitarian Aid and Relief Center, Dr. Abdullah Al-Rabiah, announced on Saturday that the Kingdom has carried out an airdrop of quality food aid on the Gaza Strip, while new figures revealed the results of joint field campaigns to follow up and control violators of residency, work and border security regulations. Their diplomatic missions to obtain travel documents, referrals to complete their travel reservations, and deportees.
Al-Rabiah: Kingdom airdropped quality food aid on Gaza Strip
Boundaries crossed, covered up, deported...
62,000 violators in a new toll of field campaigns in all regions
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Content: Cabinet praises progress of Saudi Vision 2030 indicators
The session dealt with Saudi efforts to strengthen joint action to stop the war in the Gaza Strip.
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The Cabinet session, chaired by Crown Prince Mohammed bin Salman and Prime Minister, reviewed a number of reports on the local affairs. The session also praised the progress made in the initiatives and indicators of the Saudi Vision 2030, as well as the goals achieved in its eighth year at various levels, including raising the level of services such as education, health, housing and infrastructure. To empower women, youth, and improve the quality of life for all.
The Cabinet, headed by Crown Prince Mohammed bin Salman, praised the contents of the special meeting of the World Economic Forum, which was hosted by Saudi Arabia, recently under the title "International Cooperation, Growth and Energy for Development", in the framework of its role and efforts to support joint action and enhance the growth rates of the global economy, especially in light of the unprecedented economic transformation.
Prince Mohammed bin Salman during his presidency of the Council of Ministers session
The Cabinet has been briefed on all the talks that have taken place in the past few days.
The Council noted that the Umrah Forum and the visit held in Madinah included the launch of future initiatives and development projects, which will contribute to reaching the journey of pilgrims to new horizons that enhance the services and facilities provided to them; to perform their worship and accommodation with ease and tranquility.
He also briefed the Cabinet on the talks that took place during the past days between the Kingdom and various countries at the bilateral and multilateral levels to expand the areas of political and economic cooperation in order to serve common interests and enhance coordination towards global issues and challenges.
At the international level, the recent cabinet session dealt with the efforts exerted by the Kingdom in cooperation with its brothers and friends to strengthen joint action on the need to stop the war in the Gaza Strip, ensure the protection of civilians, deliver humanitarian aid to the Strip, and support efforts aimed at international recognition of an independent Palestinian state.
The Council approved a cooperation agreement between the Presidency of State Security in Saudi Arabia and the General Intelligence Service of the Islamic Republic of Pakistan in the field of combating terrorism and its financing, as well as a memorandum of understanding between the Control and Anti-Corruption Authority of Saudi Arabia and the Central Control Authority of the Republic of India in the field of preventing and combating corruption.
In the context of the most prominent approvals, the Council of Ministers approved a memorandum of understanding between the Saudi Ministry of Industry and Mineral Resources and the Ministry of Mines in the Democratic Republic of Congo for cooperation in the field of mineral resources, as well as a memorandum of understanding between the Saudi Food and Drug Authority in Saudi Arabia and the National Authority for Medicines and Health Products in the Republic of Portugal.
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Content: Foreign Minister Ai visits China: For the sake of justice in the Israeli-Palestinian conflict? It is better to say that it is to protect yourself and Israel.
Author: Liu Yanting
Published: Updated:
In the face of the new round of Israeli-Palestinian conflict since October 7, the Arab world has recently made new moves.
On November 11, a special summit of Arab-Islamic leaders was held in Saudi Arabia, with leaders including Saudi Crown Prince Mohammed bin Salman, Jordanian King Abdullah II bin Al-Hussein, Egyptian President Abdel Fattah el-Sisi, Syrian President Bashar al-Assad, and Palestinian President Mahmoud Abbas. Turkish President Recep Tayyip Erdoğan and Iranian President Ebrahim Raisi.
The summit coincides with the Saudi visit of the Iranian president. It is the first official visit by Lehi to Saudi Arabia since the two countries resumed diplomatic relations in March this year and is of great significance to the Middle East peace process.
However, the summit did not reach a strong consensus. Although the post-meeting communiqué condemned Israel and called on the International Criminal Court (ICC) to investigate Israel ’ s “war crimes and crimes against humanity ” committed on Palestinian land, few countries agreed with Lehi ’ s proposal that“ Islamic states should treat Israel as a terrorist organization. ” Relations, etc., have also been rejected directly by the UAE and Bahrain.
Multinational leaders attend a special summit of Arab-Islamic leaders in Riyadh, Saudi Arabia, on November 11, 2023 and take a group photo.
In the photo, Prince Mohammed is seen in the middle. His right hand three are King Abdullah II of Jordan, President Sisi of Egypt, President Bashar al-Assad of Syria, and his left hand three are Palestinian President Mahmoud Abbas, President Erdogan of Turkey, and President Lehi of Iran.
(Reuters)
In fact, even the summit itself is the product of covering up key differences of position, because traditionally the Arab League and the Organization of Islamic Cooperation (OIC) do not meet together, this time the "two-in-one", according to the diplomatic staff of the participating countries, is because the Arab League itself cannot reach an agreement on the final declaration, which seeks to "expand participation". It has a strong, but lacking substance, containment and action.
On 20 November, a joint delegation of Arab and Islamic foreign ministers visited China from 20 to 21 November to discuss the Israeli-Palestinian ceasefire, including Saudi Foreign Minister Faisal bin Farhan Al Saudi, Jordanian Deputy Prime Minister and Foreign Minister Ayman Safadi, Egyptian Foreign Minister Sameh Shoukry, and Indonesian Foreign Minister Renaud. Retno Marsudi, Palestinian Foreign Minister Riyad al-Maliki, and Organization of Islamic Cooperation (OIC) Secretary General Hissein Brahim Taha.
This trip triggered a lot of discussion, in view of Beijing just at the beginning of the year to promote the resumption of Saudi-Iranian diplomatic relations, some foreign media to re-fire the topic of "China will fill the vacuum of the United States"; China's internal public opinion also has a lot of similar tone, bluntly said that the Middle East has changed, the Arab world to Beijing "seek justice".
To be fair, Beijing ’ s influence in the Middle East is indeed on the rise, and the United States has long lost its ability to speak for itself, but the context is still quite complicated in mediating the Israeli-Palestinian conflict and visiting China by foreign ministers.
Palestinian Foreign Minister Riyad al-Maliki and Saudi Foreign Minister Faisal bin Farhan wait for a group photo at Diaoyutai State Guesthouse during their visit to Beijing on November 20, 2023. (Reuters)
Delegation Representation and Leverage in Beijing
First of all, it is worth pondering how representative this joint delegation of foreign ministers of Arab and Islamic countries will be in resolving conflicts.
Indonesia is an Islamic country, not a Middle East country. The focus on the Israeli-Palestinian issue is more based on domestic considerations in response to public opinion than the actual layout of geopolitical strategy. Of course, this visit also helps Indonesia to fight for the right to speak, especially to expand its representation in the Islamic world, but does not mean that Indonesia can play a substantive role in the Israeli-Palestinian ceasefire. In addition to continuing meetings and statements, there is a lack of real political influence over conflicts in the Islamic world, such as the Israeli-Palestinian conflict and the Kashmir issue.
Looking at the other members of the delegation, Saudi Arabia, Jordan, Egypt are all Arab countries, and Palestine is the party, which is indeed representative.
However, although these members can speak on the Palestinian issue, they do not have the ability to directly communicate with Hamas: Qatar, which has long assisted in mediation, Turkey, which has long provided high-level asylum, and Iran, which has long provided key military assistance, have not sent representatives. The Egyptian military government, for its rejection of the Muslim Brotherhood, also hates Hamas, not to mention Jordan, which is relatively weak.
If this trip really forms an agreement, how to implement it for Hamas will inevitably be a big problem.
Saudi Arabia ’ s Foreign Minister Faisal bin Farhan visited China on November 20, 2023.
At the meeting, he said that Saudi Arabia highly praised China and the United Nations resolutions adopted under Chinese auspices.
The conference was held at the Diaoyutai State Guesthouse in Beijing. (Reuters)
Then there is the big question of how much leverage Beijing has.
Indeed, some analysts believe that the delegation ’ s visit to Beijing is due to China ’ s stance on the Israeli-Palestinian issue and its growing influence in the Middle East, while maintaining a certain degree of mutual trust with Israel and Palestine.
The above statement is of course true, but the structure of the Israeli-Palestinian conflict is different from the Saudi-Iranian conflict, and whether Beijing can replicate its previous mediation experience is still a big question mark.
The key to the smooth resumption of diplomatic relations between Saudi Arabia and Iran is that Saudi Arabia has made concessions: abandoning its geopolitical rivalry with Iran in various proxy conflicts and focusing on promoting economic and industrial reforms in Vision 2035, laying a good foundation for Saudi development in the “post-oil era ”.
Therefore, it can also be observed that as early as the official resumption of the shai, Saudi Arabia has tried a ceasefire in Yemen in 2020, 2022, and ended the embargo on Qatar in 2021, and resumed diplomatic relations with Qatar, declaring the diplomatic crisis officially ended.
All of this, in fact, means that Saudi Arabia acquiesced to Iran ’ s geographic expansion, including through the infiltration of Qatar into the Gulf and the consolidation of its territory through the two battlefields of Syria and Yemen.
Of course, Saudi Arabia is not happy to see Iran encircling itself, but also does not intend to raise the strategic confrontation, increase the battlefield investment, but more want to concentrate on the development of the economy.
Because of this, as the largest trading partner of Saudi Arabia and Iran, and China, which has mutual trust with both countries, can act as a neutral mediator and invite representatives of both sides to come to Beijing to announce the resumption of diplomatic relations.
Wang Yi hosts the closing ceremony of the dialogue between Saudi Arabia and Iran in Beijing on March 10, 2023 (Ministry of Foreign Affairs of China)
However, this is not the case with the Israeli conflict.
The Palestinian self-rule government has now largely abandoned violent resistance, and Hamas, as a representative of the violent line, has the ability to attack Israel, but there is a clear gap in strength with the Israeli army.
Therefore, the key to the so-called ceasefire is to let Israel stop the mass killing and let Hamas stop the asymmetric response.
Of course, China has mutual trust and friendship with Israel and Palestine, but Israel's strong Jewish capital and financial strength, and even Washington can't fully control it, so that the past few Gaza wars, Israel "killed enough" to stop, just as the United States can not stop the Israeli military attack in Gaza this time.
Such a realistic structure, even if Beijing intends to mediate, I am afraid that it can only go along with the situation, that is, through the fermentation of Israel's internal anti-war voice, military action damage has also triggered internal discussions, in this gap to exert its own great power influence, urging Israel to cease the war.
However, it is unlikely that Beijing will sanction Israel or even break diplomatic relations with Israel, so the pace of the cessation of war is still largely in the hands of Tel Aviv.
The Palestinian side is more complicated.
Beijing does interact with the Palestinian Authority, but it doesn ’ t know Hamas very well.
As mentioned earlier, Hamas is not popular even in the Arab world, not to mention in other countries outside the region, given its radical Islamic and terrorist nature.
Of course, Beijing may be able to “restrain ” Hamas through Iran and ask it to stop its asymmetric response to Israel, but Iran did not send a delegation to China this time, and Hamas has effectively become Iran ’ s geopolitical rival to Israel, which Tehran has invested in for many years, and even if it can slow down the conflict this time, I am afraid it will continue to use this piece in the future.
In summary, if Beijing wants to persuade and promote peace talks in the Israeli-Palestinian conflict, it can only exert its influence by using the window of opportunity that Israel also wants to stop the offensive; but because the leverage is still limited, it is afraid that it will not be able to lead the process on its own.
Saudi Foreign Minister Faisal bin Farhan, who visited China on November 20, 2023, arrived at the Diaoyutai State Guest House in Beijing to attend a meeting of foreign ministers.
At the meeting, he said that Saudi Arabia highly praised China and the United Nations resolutions adopted under Chinese auspices.
Chinese Foreign Minister Wang Yi welcomes Faisal as the two prepare to shake hands. (Reuters)
The real calculation of the Arab states
And this reality, the visiting foreign ministers of Islamic and Arab countries are naturally aware of, but still choose Beijing as the first stop of the visit, obviously there are other political considerations.
First, to use the political structure of the Sino-US game.
In recent years, the United States focused on operating in the Indo-Pacific region, unwilling to invest too much resources in the Middle East, leading to the continued rise of Russian and Chinese influence, the former is mainly to establish the scope of influence with military live ammunition, the latter is more to use economic and trade strength and market advantages to strengthen their voice in the Middle East.
The growing power of this wave of great powers has led many Arab countries to adopt a "hedging strategy": in order to maximize their national interests, they will rely on China and Russia to increase their dependence, and strengthen the bottom line of rejecting the United States and charging prices against the United States.
No matter how much leverage China has and the actual outcome of the talks, the visit alone will be enough to create psychological pressure on the United States, which will make the latter feel that countries are “turning to China ” and thus push the United States to actively work in two directions. First, increase its efforts to dissuade Israel on the ceasefire issue and show a more active mediation posture. Second, in order to win over the disaffected Middle East countries, China has begun to increase investment or political concessions to other countries.
And these two changes are actually beneficial to most countries in the Middle East.
First, for most Arab countries, the Israeli-Palestinian conflict is an absolute political negative asset, and it is impossible for them to support the Iranian-funded Hamas, but they cannot allow the bloodshed to continue, because the Palestinian issue is still legitimate among their citizens, and public opinion pressure will be a major challenge for governments. Countries in the region will still benefit, such as Saudi Arabia, which is pushing for Vision 2035.
Foreign Ministers of a number of Arab and Islamic countries visited Beijing, China, on 20 November 2023, and met with Chinese Foreign Minister Wang Yi at the Diaoyutai State Guesthouse.
Palestinian Foreign Minister Riyad al-Maliki shakes hands with Wang. (Reuters)
Second, the delegation seems to be coming to Beijing to "seek justice", but in fact, it is also trying to create an aura for people who are "concerned about Palestine" by performing "seeking a ceasefire approach", so as to preserve their interaction with Israel and try to push the conflict to cool down.
In fact, observing the special Arab-Islamic summit on the 11th, it can be seen that some Arab countries, because they have no formal diplomatic relations with Israel and have no plans to establish diplomatic relations in the short term, dare to propose economic and diplomatic containment of Israel, such as Lebanon and Algeria. The proposal to supply oil to Israel, and to cut off relations with Israel.
To put it simply, the conflict has amplified differences in countries ’ positions vis-à-vis Israel and caused embarrassment of varying degrees: Lebanon, Algeria, and other wealthy Gulf states, despite their political stamina against Israel and its allies, lack the political power to summon them, let alone “cut off the supply of oil to Israel and its allies, ” while Bahrain, the UAE, and Saudi Arabia, have“ cut off the supply to Israel and its allies. ” However, it lacks the political will and will not appeal to Israel, but instead wants to maintain formal and informal diplomatic relations with Israel to protect its interests to the greatest extent possible.
The United States is pushing for normal relations between Israel and Saudi Arabia.
Israeli Tourism Minister Haim Katz is pictured in Riyadh during a two-day visit to Saudi Arabia in September. (Reuters)
As mentioned above, the conflict between Israel and Palestine is an absolute political negative asset to all countries, because the Palestinian issue is still legitimate in the Arab community, so all governments must "express", and countries that refuse to break diplomatic relations with Israel should try to avoid becoming "targeted". Relation.
The joint delegation of Arab and Islamic foreign ministers also played a role.
In addition to Palestine, the visiting Arab countries are Jordan, Egypt, and Saudi Arabia. The former two countries are not only facing huge pressure from Gaza refugees, but also diplomatic relations with Israel. If the conflict continues to deteriorate, the pressure on the two countries to accept refugees will increase, and diplomatic relations with Israel will also be questioned. For now, Gamal Abdel Nasser ’ s Arab coalition line is out of step with the times, and Saudi Arabia remains committed to normalizing relations with Israel for the foreseeable future after the conflict, except that the more serious this Israeli campaign is, the more distant this future will be.
Therefore, in this time and space, it is very important to show the posture of promoting a ceasefire, which can increase political space for countries that do not want to completely disconnect from Israel, and if the conflict really stops soon, countries may be able to publicize themselves as “contributing a lot. ”
This conflict has developed so far, it is obvious that it is not only Hamas and Israel against each other, but also the political test of the Middle East countries; and different situations, positions and national interests will affect the balance between political correctness and national development.

Title:

Content: A copy.
Previous issues of the newspaper
February
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2021.
> >
Someone.
Two. Two.
Tuesdays
WEDNESDAY
THURSDAY
FRIDAY
Saturday.
Riyadh (Echo):
The Minister of Energy, Prince Abdulaziz bin Salman, said on Saturday that the young men and women of the Kingdom are the owners of the Saudi Vision 2030, stressing that he feels proud to belong to the Kingdom and its people.
“Sticking to what matters to us today to move forward to a better future led by this generation and the generations that will follow, so whatever you see today in Saudi Arabia or tomorrow is not my work or the work of my generation alone, but the work of everyone, ” he said.
“I am empowered by supporting young men and women who have a vision and who are the owners of the Kingdom ’ s Vision 2030, but empowerment has spread in Saudi Arabia and many of the young men and women we saw at the exhibition who work day and night to provide the best.
I am proud to say that everyone in the Kingdom will achieve the future we all look forward to for our children and grandchildren to live in. ”
“What you ’ re seeing today and what you ’ re going to see on Monday is just a preview of the vision we ’ d like to have that will enable us to build bridges between sustainability, economic diversification and economic growth and improve and enhance the safety and well-being of the Kingdom. ”
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Minister of Energy: In our initiatives we want to set ourselves an example

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Content: Riyadh
What is happening in Saudi Arabia?
The modern Saudi methodology was based on taking advantage of all resources, diversifying sources of income, building strong and innovative arms, in addition to maximizing the impact of returns on all possible resources.
I will begin my article by borrowing this sentence, from a Western media source who very much prefaces what I would like to say: “As the world sinks into crisis, Saudi Arabia is recommended as a modern superpower. ”
At a time when some were betting on the imminent fall of the Kingdom and the end of its project as an important power in the region, Saudi Arabia was busy renewing itself through a solid reconstruction in all fields, this time away from oil as the only source of income by rediscovering its sources of potential power in terms of religious prestige, mineral wealth, human power and geographical space.
What happened in a few years was amazing, and it backfired on the dreams of the skeptics.
Until recently, talking about Saudi Vision 2030 seemed like a fantasy, at least to skeptics.
The actions came out loud, and the proofs accelerated, project after project, and success after success.
Until 2015, Riyadh was a political and economic power only with a strong religious heritage to embrace and care for the two holy mosques and honor them by serving them and caring for their visitors and pilgrims, but it was not interested in the rest of its other aspects, which lost it expansion in new sectors.
The modern Saudi methodology was based on taking advantage of all resources, diversifying sources of income, building strong and innovative arms, in addition to maximizing the impact of returns on all possible resources.
Previously, the talk was about the “American Dream, ” and later, it was about the Singaporean and Korean experiences.
And in every field you find a leading country referred to as a forerunner...
What we have reached is the repeated reference to the Kingdom as a modern developmental state, applying different standards in the region, and leading the world in a number of areas.
The West bet – and still does – on democracy alone to achieve anything, and discovered that monarchies have their own recipe.
Despite all that is achieved, it represents only the first seed of the large Saudi tree.
Major projects that are not duplicated anywhere in the world, building economic cities, bringing in investments, supporting innovation and innovators, pioneering new fields, and many more.
All in the process of verification.
The Saudi flare was quick to happen.
What needs decades of work has been achieved in years, and this equation needed a serious official will and desire, sound modern planning, exceptional data, empowered human resources, and a great societal acceptance to move towards transformation and change.
All this was available, waiting for someone to hang the bell, and something unexpectedly happened.
What the Saudis dream of, what others do not wish for, and others work against it, and I am satisfied with this description.
Prince Mohammed bin Salman came with his civilized development project, to find the great support waiting, and everyone - without exception - engaged in the ambitious vision project.
Everyone has found something similar in change, according to specialization, interest, desires and needs.
I do not deny, nor do any sane person, that there are challenges facing the mega project; however, the advantage is that they are dealt with quickly and flexibly.
It is not uncommon to hear about the cancellation, development or integration of projects, initiatives or programs, and the response to the accompanying circumstances, which reflects positively on the basic objectives of construction.
Perhaps the most important step, as a ground for achieving everything, is to declare war on extremism.
Saudi Arabia has led an early domestic and international project to fight extremism.
It supported official organizations, established alliances and centers, and aborted the project of extremists, to sow its place of development.
In my opinion, if the same project aimed at fighting extremism was carried out in another country, under the same conditions, we would find what can be described as disasters.
As a reactionary and natural result of a comprehensive change of collective thought, this did not happen in Saudi Arabia.
It was the result of the project "We will destroy them now...
And immediately, very tight, as the best possible result with the least damage expected, but where are the fair ones?
Despite all that is achieved, it represents only the first seed of the large Saudi tree.
Major projects that are not duplicated anywhere in the world, building economic cities, bringing in investments, supporting innovation and innovators, pioneering new fields, and many more.
All of them are in the process of being investigated, and others are expected to be investigated.
The long stagnation weighed down the desire to respond in the beginning, but successive achievements awakened the genie.
We are promised an unprecedented development renaissance, whose impact extends beyond geographical borders, to include all countries that take the initiative of shaking hands and partnering with us to engage in a development project that the region has been eagerly waiting for after many decades of suffering under the weight of the equations of conflicts and crises.
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Content: People 's Network > > International
Reconciliation and confrontation are intertwined, opportunities and challenges coexist
"A New Middle East Is Forming" (Global Hot Spot)
This reporter is red.
April 01, 2023 08: 44 | Source: People's Daily Overseas Edition
Small number
Recently, in Rafha, Saudi Arabia, people are cooking tea in lavender fields for leisure. Xinhua / AFP
Recently, with the historic handshake between Saudi Arabia and Iran under the mediation of China, the "old enemy" has set off a "wave of reconciliation" in the Middle East.
Both Arab countries and between Iran, Turkey and Arab countries, high-level visits have entered a period of frequent, state-to-state relations have improved markedly, and a multipolar Middle East is emerging.
The Middle East is in a season of reconciliation.
"The Middle East has ushered in a reconciliation season," the UAE's Gulf Times reported, adding that there have been many encouraging signs of reconciliation in the Middle East.
On March 27, Saudi Foreign Minister Ali Shay agreed to hold a bilateral meeting during Ramadan to speed up the resumption of diplomatic work between the two countries.
The warming of relations between Iran and Saudi Arabia has led to a thaw in relations between Iran and other Arab countries.
According to AFP and other media reports, on March 16, Secretary of the Supreme National Security Council of Iran Shamhani held talks with Emirati President Mohammed in Abu Dhabi.
Sources said that Iran and Bahrain are conducting important bilateral negotiations on the restoration of bilateral relations without mediation by a third party and will soon announce positive results.
Relations between Syria and other Arab countries are also heating up.
According to Reuters on March 23, after Saudi Arabia reached a landmark agreement with Iran, Saudi Arabia ’ s engagement with Syria has gained momentum.
Both governments are preparing to reopen their embassies after the Muslim holiday of Eid al-Fitr in late April. On March 19, Syrian President Bashar al-Assad arrived in Abu Dhabi for “constructive ” talks with UAE President Mohammed bin Zayed Al Nahyan.
According to the Associated Press, the Arab League is likely to resume Syria's membership this year.
Turkish Foreign Minister Cavusoglu met with Egyptian Foreign Minister Ali Akbar Shukeri in Cairo on March 18, marking the first time Turkey has sent a ministerial official to Egypt in more than a decade.
In addition, with the relaxation of the regional situation, regional hotspot issues such as the Syrian, Iraqi, Yemeni and Palestinian-Israeli issues have also ushered in peace opportunities.
However, dissonance remains.
The US military claimed that after the drone attack on the Syrian base, it carried out retaliatory air strikes on the evening of March 23 against organizations affiliated with Iran's Islamic Revolutionary Guard Corps in Syria, and triggered another round of tit-for-tat attacks by both sides, which exacerbated tensions in eastern Syria.
When asked about the reconciliation between Syria and Saudi Arabia, a State Department spokesman said that the U.S. position on the normalization of relations with the Middle East countries has not changed, and that it will not encourage other countries to normalize relations with the Assad regime.
Earlier, the U.S. State Department expressed "deep disappointment and anxiety" over the UAE's hospitality to Bashar al-Assad, stressing that the United States "will not lift its sanctions on Syria."
Major changes in the Middle East strategy
The analysis generally pointed out that the historic handshake between Saudi Arabia and Iran has set off a new wave of reconciliation in the Middle East, and its spread speed is far faster than expected.
Foreign Affairs magazine also pointed out that the Shai-Beijing agreement is a landmark and may reshape the relationship between the major powers in the Middle East.
Former US Secretary of State Henry Kissinger pointed out that China's efforts to promote the resumption of diplomatic relations between the two countries is a major change in the Middle East strategic pattern.
The US foreign affairs website believes that the resumption of diplomatic relations between Saudi Arabia and Iran may reshape the region and form a new order.
Israel's Jerusalem Post admitted that the reconciliation between Saudi Arabia and Iran under the mediation of China marks the formation of a new Middle East.
"The trend of reconciliation in the Middle East is the result of internal and external factors. In addition to the fierce confrontation between Israel and Iran, there has been a trend of dialogue and relaxation between the four major forces in the Arab world, Israel, Iran and Turkey, as well as within the Arab world," Sun Degang, a researcher at the Center for Middle East Studies at Fudan University, said in an interview with this newspaper. As a result, instead of gaining security, the parties have become even more insecure, and the quest for peace and development has become the common aspiration of most countries in the Middle East.
The Russian-Ukrainian conflict is a wake-up call to the Middle East countries that resorting to war and force will only lead to the Middle East countries becoming pawns and victims of the great power competition.
The Middle East countries must stand in the perspective of their own national interests, adhere to strategic autonomy, seek common ground while reserving differences, stop bleeding in a timely manner, promote security through cooperation and promote peace through development.
Looking at external factors, the major powers in Europe and the United States have withdrawn from the Middle East and reduced their willingness to fight a 'proxy war' in the region.
Under the background of strategic competition among major powers, the efforts of major powers outside the region to arouse fire and pour oil on the Middle East have weakened, creating good external conditions for the reconciliation of Middle East countries.
In particular, the emerging powers represented by China have increased their mediation efforts in the Middle East, actively persuading peace and promoting talks, providing positive energy, and further promoting the trend of reconciliation in the Middle East countries.
In recent years, "seeking peace and development" has become the mainstream voice of all countries in the Middle East.
Pakistan's Tribune Express said that the people of the Middle East have realized that the United States' actions in the region have triggered decades of turmoil, and that wars and conflicts will only further undermine regional stability.
"The people of the Middle East have long suffered from war and long for peace," said Izzat, executive director of the Egyptian Foreign Affairs Council.
The British "Middle East Eye" news network and other media pointed out that the outbreak of the new coronavirus and the losses caused by it have also made the Middle East countries more pragmatic and began to give priority to interest-based agendas such as trade.
The conflict between Russia and Ukraine has made the regional advantages of the eastern Mediterranean region and the importance of its oil and gas resources more prominent, thus creating a positive atmosphere for the consensus reached by Turkey, Israel and Egypt.
"The tide of reconciliation in the Middle East is determined by broader changes in the international situation," Al Jazeera and other media pointed out when analyzing the acceleration of reconciliation in the Middle East countries, the United States continued to shift its strategic focus to the Asia-Pacific region, gradually changing its strategic focus in the Middle East, and abandoning its traditional commitments to Arab allies.
This has led America ’ s Middle East allies to recognize that Washington can ’ t be trusted, and to work to diversify their security and military partners and implement more hedging strategies.
Both Saudi Arabia and Iran want to join the BRICS cooperation mechanism, and Iran is already an observer state of the SCO.
The Wall Street Journal said that China's successful mediation marked the beginning of a new era in the Middle East.
The new reality is that at a time when the United States is increasingly concerned about Ukraine and Asia, the Middle East is struggling to resolve past conflicts and tensions, and the past regional divisions are turning upside down.
How far reconciliation can go is still unknown.
At a time when the Middle East countries are accelerating reconciliation, the United States has carried out retaliatory air strikes against organizations in Syria, which have been condemned by Syria and Iran.
The Associated Press said that the incident could undermine efforts by all parties to reduce tensions in the Middle East.
Lebanon's "Square TV" website pointed out that although the United States claimed to be retaliatory, it was warning Syria, Iran and regional countries that the move would undermine regional stability.
The Middle East has long been one of the most volatile regions in the world.
Qatar's Al-Jazeera TV reported that since the beginning of the 21st century, the region has accounted for one third of the total number of armed conflicts in the world.
At present, the process of reconciliation in the Middle East gives hope for peace in the region.
However, the complex environment is fraught with variables in the reconciliation process.
"Since the end of World War II, the Middle East has alternated cycles of conflict and reconciliation, and the 'reconciliation tide' in the Middle East has also been fragile," Sun said.
Second, Saudi Arabia and other countries have resumed diplomatic relations with Iran and Syria, which is not what the United States and Israel want to see.
The "tide of reconciliation" in the Middle East is easily disturbed by external factors and unexpected events, and even reversed.
Third, there is still a long way to go before the Middle East countries can turn the peace deficit into a development deficit and solve the growing problems of debt, unemployment, food security, high prices and high inflation.
"If the problems of the economy and people's livelihood are not solved, the tide of reconciliation in the Middle East countries will be interrupted," he said.
The New York Times, the British "Middle East Eye" news network and other media also believe that the sustainability of Middle East national reconciliation and the resilience of the normalization process of relations remain to be seen.
The international and regional situation that has contributed to the accelerated reconciliation of the countries of the region is prone to change and there are uncertainties within the countries, so how far reconciliation can go is still unknown.
It is generally pointed out that it will take time for the Middle East countries to form a consensus and join forces.
As for the Middle East, a region of special geostrategic value, the United States and the West will not easily let go, but will probably try to undermine the process of regional reconciliation.
As The Economist notes, White House policymakers are trying to tell their Middle East partners that the United States will not leave the region.
"The development of the situation in the Middle East requires the joint efforts of countries outside the region to continue to promote the normalization of relations between the Middle East countries, such as promoting dialogue between different political factions in Yemen, restarting the Palestinian-Israeli peace talks, promoting the normalization of relations between Morocco and Algeria, properly resolving the Iranian nuclear issue, opening political dialogue between Iran and Israel, and establishing a multilateral collective security dialogue mechanism." And for other hot issues around the world, such as the Russian-Ukrainian conflict, it can provide new ideas. "
(Edited by: Yuan Bo, Niu Yong)
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Title:

Content: Varied paths motorized visibility
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Saudi Arabia ’ s Vision 2030 set several targets, and its plans included developing the role of the private sector in the national economy to support the diversification of economic activity, reduce dependence on oil, and raise its contribution to the GDP to 65%, compared to its share in 2015 before the launch of the vision about 39.3% of the output.
The multiple and diverse vision programs have contributed to creating an amazing competitive environment, including the launch of concurrent programs to support the private sector, the National Industrial Development Program, and Logistics, which aims to transform Saudi Arabia into a leading industrial power and a global logistics platform, in addition to other related programs, such as the Financial Sector Development Program, which seeks to develop a diversified and effective financial sector that supports the development of the national economy.
This is in addition to initiatives to support Saudi exports, such as the establishment of the Saudi Export-Import Bank, which recently relied on more than 81 applications for financing worth 9 billion riyals to more than 46 countries around the world, and these initiatives seek to raise the contribution of non-oil exports to GDP to 50%, which is a historic leap.
In light of these national economic ambitions comes the statement of the Minister of Information in charge, in which he confirms that Saudi Arabia's non-oil exports amounted to 255 billion riyals in the period from June 2020 to the same month in 2021, a record number, which is the highest in the history of domestic exports.
If we are not surprised to achieve such results in light of the support enjoyed by the private sector, as we have pointed out, and because Saudi Arabia has achieved record results in other vision programs such as housing, competitiveness, digitization, and others that narrow the space to mention, the comments of the international media about these records are justified, in light of the conditions experienced by the global economy and many G20 countries, due to the repercussions of the Coronavirus. The confusion caused by the economic scene has disrupted many of the engines of international exporting companies, and there appeared chaos of support witnessed by some countries, and the absence of a clear strategy for it, in addition to the lack of rapid progress in the distribution of vaccines has significantly affected the export capabilities of international companies.
Logistics problems in many regions of the world that have raised freight prices to record levels have led to a significant decline in global trade and slowed its growth, but in contrast, Saudi Arabia has succeeded in a remarkable way in overcoming the effects of the pandemic, and the government dealt with the pandemic professionally and performance, in addition to attractive and distinctive investment in infrastructure and supply chains.
Initiatives to stimulate the economy and support the private sector also contributed to the rapid response of the economy: in the first half of 2021, non-oil GDP grew by 5.4 per cent, supported by private sector GDP growth of 7.5 per cent.
These efforts by the Export Development Authority and the General Authority for Foreign Trade are among the outputs of the National Transformation Program, which has restructured the government sector to support the programs and achieve the objectives of the vision. There are other efforts to cover the costs borne by Saudi companies in the various stages of their export activities., and compensation of product certification fees.
The commercial attachés also supported the opening of outlets and markets for Saudi exporters, and the timely resolution of supply chain, legal and logistical problems, in addition to clear efforts in resolving cases against Saudi companies for dumping to limit their competitiveness in global markets.
All these efforts and great coordination in the business, are what will bring Saudi trade to the record levels as it is today, and will ensure its sustainability.
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Content: ...
...
...
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Saudi Arabia...
The most beautiful future
Abdulrahman Arabi Moroccan
Posted in: Last Updated:
These projects and achievements are a new stage for a new future for the new Saudi Arabia. Yes, during the past year 2021, His Highness the Crown Prince launched initiatives that made the reality of the Kingdom talk about it far and wide. We may remember the city of (The Line), the program (Shrek), the project (Made in Saudi Arabia), and the initiative (Green Saudi Arabia and Middle East). The Crown Prince always plans the future of the new Saudi Arabia with a global vision that keeps pace with aspirations, emphasizes the realization of dreams, and moves strongly towards the beautiful future of this country. The Public Investment Fund was the focus of the world ’ s attention when His Highness announced the Fund ’ s five-year strategy. A huge investment priority, and carefully studied economic plans for the fund, because it is considered the promoter of growth, the important factor to achieve the vision of 2030, and the supporter to draw a green Saudi future for this country.
We remember the planting of 10 billion trees through the Saudi Green Initiative and the launch of the two satellites, all this gives an indication of the transformation stage for the future of the new Saudi Arabia, so that the talk about the Saudi economy, initiatives, projects and achievements has become distinct and beautiful, renewed and seasoned, radiant, comprehensive and attractive, bringing together the Saudi society of all kinds to discuss its affairs. Usually with his results, and optimism for his future if the speaker in his presence is the Prince of Youth, His Royal Highness Prince Mohammed bin Salman, Crown Prince, Deputy Prime Minister, Minister of Defense, Chairman of the Council of Economic and Development Affairs, Chairman of the Public Investment Fund.
As His Highness said, the global economies are based on cities as they constitute 85% of the world economy, making Riyadh, the capital of our Kingdom, one of the most competitive capitals in the world and at the forefront of cities, and the best option for investment because of its potential.
Moving from the city.
Disclaimer: All published articles represent the opinion of their authors only.

Title:

Content: Maximize the value of a barrel of oil
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Saudi Vision 2030 unleashed national energies, honed talents, and raised the ceiling of our ambition as citizens with a brighter future for our children and the future of the nation in all political, economic, social, and other aspects.
The sun does not obscure a sieve, Saudi Arabia has turned since the beginning of the "vision" into a large workshop from its east to its west, and from its north to its south, where there is no place except for competencies, and is not consistent with its orientation except dreamers.
At the launch of our blessed vision, which we are proud of, Crown Prince Mohammed bin Salman described the state of the country as an oil addiction, and because of this situation there has become a kind of disruption to development, and this is the real danger to the future of the country and its growth, as there was the impression that oil will cover all the needs of the Kingdom, and this is true in the 1930s and 40s when the population of the Kingdom was less than three million.
I would like to refer here to a point that I find very important, which is that freedom from oil does not mean getting rid of it, it means reducing dependence on it for state revenues, as His Highness the Crown Prince stated that we want more than a barrel of oil.
Saudi Arabia is working according to its vision to exploit all natural resources and available opportunities efficiently to expand and strengthen its economic base, and this undoubtedly contributes to diversifying sources to achieve the objectives of the vision, including freedom from oil.
There are many opportunities in various sectors, including mining, tourism, services, supply chains, attracting investment and others, and in recent years Saudi Arabia has made great strides in developing the non-oil sector, which is in the interest of the financial sustainability of the Kingdom, and reducing the impact of oil price volatility on the state budget, strategic plans and projects.
In 2019, for example, in the midst of the Coronavirus pandemic and its strong effects on the whole world, non-oil revenues grew 4.5 percent, and without the pandemic in my opinion growth would have been about 6 percent, with non-oil revenues that year rising from 166 billion riyals to 350 billion riyals.
It is worth mentioning that non-oil revenues in the second quarter of this year 2023 increased by about 13% compared to the same period last year, reaching 135 billion Saudi riyals compared to 120 billion Saudi riyals for the same period last year.
Raising the efficiency of oil extraction as well as its consumption, will be of great benefit to the economy of the country, the first reduces the cost of oil production, and the second allows us to exploit every barrel of oil supplied optimally by exporting or directing it to the refining and conversion industries.
I would like to mention here that freedom from oil does not mean the contraction of its industry, and there is no contradiction between diversifying sources of income and expanding the oil industry in its three main sections, namely upstream industry, intermediate industry and downstream industry.
The energy sector, led by oil, is the most important strategic sector, as all other sectors depend on it directly and indirectly, it is the heart of the vibrant development, the door of industry, and the address of the broad civilization.
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Content: Saudi Arabia revisits economic projects "away from arrogance"
Saudi Arabia revisits economic projects "away from arrogance"
RIYADH (Reuters) - Saudi Finance Minister Mohammed al-Jadaan ’ s remarks on Sunday marked a clear official Saudi recognition of the difficulty of implementing the Vision 2030 launched by Crown Prince Mohammed bin Salman in 2016, a comprehensive development plan aimed at diversifying the oil-dependent economy and attracting foreign investment.
While analysts said the decision came too late — especially as reports years ago pointed to many difficulties in implementing the vision, including financial and operational — Jadaan ’ s remarks reflected an awareness of the challenges away from “arrogance ”, arrogance and stubbornness.
Analysts say the move, which comes eight years after the launch of Vision 2030, is an unequivocal acknowledgement that there is too much optimism about the vision, as well as too many of its goals.
Saudi Arabia ’ s finance minister said on Sunday the kingdom would adjust its Vision 2030 plan to transform its economy as needed, reducing the size of some projects and speeding up the pace of others.
Riyadh ’ s decision reflects an acknowledgement that there is too much optimism about Vision 2030, and many of its goals have been ambitious.
In a speech delivered at the World Economic Forum ’ s special meeting under the theme “International Cooperation, Growth and Energy for Development, ” Jadaan said the Kingdom is focused on ensuring the quality of future economic growth and recognizes that the challenges it faces require flexibility.
He said, “There are challenges.
We don ’ t have vanity, we ’ re going to change course, we ’ re going to adapt, we ’ re going to expand some projects, we ’ re going to reduce some projects, we ’ re going to speed up some projects. ”
Saudi Arabia is accelerating efforts to diversify its economy away from oil as part of a vision to develop sectors such as tourism and industry, expand the private sector and create jobs.
Non-oil activities significantly outperformed the expansion of the oil sector during the past year, registering growth of 4.4 percent, while the economy contracted by 0.8 percent on the back of oil production cuts and lower prices.
The International Monetary Fund said in its latest regional outlook report, on the back of continued production cuts, that Saudi Arabia ’ s economy is expected to grow 2.6 percent this year, a downward revision from October ’ s forecast of 4 percent growth.
Non-oil activity growth in the medium term is expected to exceed 5 percent annually, Jadaan said in February, yet the kingdom is likely to continue to rely on oil and gas revenues to drive investments in order to expand non-oil activities.
On Sunday, he reaffirmed the role of the expanded private sector in the implementation of Vision 2030.
“Vision 2030 is about empowering the private sector.
The role of the government is to put in place policies to enable the private sector without doing business on its own. ”
The International Monetary Fund forecasts that the Arab world ’ s largest economy needs oil to rise to $96.2 in order not to run a 2024 budget deficit.
Al-Jadaan ’ s statements did not surprise the Saudi and Gulf circles; they came after leaks published by Bloomberg about the Kingdom ’ s keenness to review projects in the vision, perhaps the most prominent of which is the NEOM project.
In an earlier report by Bloomberg, the agency said Saudi Arabia had scaled back its ambitions for the NEOM project, the largest of Saudi Crown Prince Mohammed bin Salman ’ s plans.
Saudi authorities had planned to have 1.5 million people living in The Line, the futuristic $500 billion city with parallel, mirrored skyscrapers stretching 170 kilometers between mountainous and desert terrain, by 2030.
But now Saudi officials expect the project to accommodate fewer than 300,000 residents by the same date, according to a person familiar with the matter.
The source, who asked not to be identified, said officials expect to complete only 2.4 km of the project by 2030.
The Saudi government has found itself shouldering the bulk of the spending on mega-projects, and as a result at least one contractor has fired a number of workers it employs at the site, according to a document seen by Bloomberg.
Observers view the decision to reduce the NEOM project positively, pointing out that due to financial and economic factors, the implementation of the plan was never possible as initially presented.
They point out that the amount of wealth the Saudis generate from oil is not enough to fund NEOM, Vision 2030 ’ s most ambitious project.
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What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are the main goals of the 2016- launched Vision 2030?

What has MBS done since becoming Crown Prince in Saudi Arabia?

Far from being a nation bound by rigid traditions, Saudi Arabia under MBS's leadership has embarked on an ambitious journey to modernize its society and economy through Vision 2030—a comprehensive reform program designed to diversify the economy, enhance quality of life, and position the kingdom as a global leader in various sectors.

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Content: Economic Resilience and Sustainable Development
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The Kingdom adopts a comprehensive sustainable development policy and various economic reform concepts in order to achieve outstanding standards, objectives and results in all vital sectors that support GDP figures and increase the size of state revenues. The results achieved by the Saudi economy during 2023 are a reflection of the historic achievement it witnessed.
But it was different in the Saudi case first thanks to God, and then thanks to the wise guidance of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and the leadership of Crown Prince Mohammed bin Salman, the Prime Minister, Saudi Arabia experienced challenges that began with the collapse of the oil market in 2015, at a time when the structure of the national economy was unfavorable at best. However, Vision 2030 launched in 2016, which set fiscal balance as a visible goal, government transformation as a medium goal, and financial sustainability as a long-term goal.
During its recent session, the Council of Ministers affirmed that the results achieved by the national economy during 2023 and the development plans, programs and projects that have been achieved will have the greatest impact in promoting the comprehensive economic development process in various regions of the Kingdom. Saudi Arabia will have a positive impact on all economic variables in the medium term - by 2023 - provided that several issues are achieved, the first of which is to continue pursuing expansionary policy, with the growth of government spending, activating initiatives to stimulate the private sector and supporting small and medium enterprises and export activity. The plan, which was developed about eight years ago, is bearing fruit today, despite the health crisis that caused a major economic closure, but the Kingdom raised the slogan of preserving achievements and strengthening the economy with unlimited support, enabling the economy to overcome successive global crises and challenges, to continue its outstanding performance - according to the General Budget Report - recording the highest growth rate in the G20 countries during 2022. Its nominal value exceeded $1 trillion for the first time historically, and the GDP of non-oil activities for the first quarter of 2023 grew by 5.4 per cent, and continued its positive performance during the second quarter with growth of 5.3 per cent, confirming the success of the Kingdom's efforts to enhance the role of the private sector and economic diversification.
Hence, all these successes came at a time when the global economy is suffering major and real problems in the supply chains, with geopolitical ones that led to the suspension of exports in many countries of the world, yet the Saudi economy remained one of the three global economies achieving strong growth, along with India and China, and the inflation rate fell to 2.6%, at a time when the countries of the world suffer high inflation exceeded 6%.
These historic results have laid a solid foundation for the achievements of the Vision programs praised by the Council of Ministers. This is the second dimension of the statement confirmed by the Council. The labor market is witnessing positive developments in response to reform plans during the past years. The overall unemployment rate in the second quarter of 2023 fell to 4.9% compared to 5.1% in the first quarter. More than two decades.
This coincides with the continuous and rapid growth witnessed by the private sector and small and medium enterprises, the growth of foreign direct investments by about 14.3 billion riyals during the first half of 2023, and the increase in the number of investment licenses by 60.4% to reach about 3,456 licenses during the first half of the year. 4% of the total bank credit, which is the culmination of the government's programs aimed at increasing the percentage of citizens' ownership of housing.
The Cabinet also praised the progress achieved by government entities in the Digital Transformation Measurement Index 2023, and the Kingdom ’ s achievement in the second place among the 20 countries in the Telecommunication and Technology Development Index issued by the International Telecommunication Union (ITU) for 2023.
In summary: This economic strength has given the Kingdom wide capacity and flexibility to continue achievements and push forward the path to the future to achieve the goals and implement financial policies to expand spending levels. Total expenditures are expected to reach about 1251 billion riyals in 2024 and reach about 1368 billion riyals in 2026. To empower the private sector and stimulate the investment environment, and continue to improve the system of support and social subsidies, and because what the vision promised has been achieved historically since its inception, and the present is witnessing achievements, we stand on the threshold of a prosperous future, under wise and inspiring leadership.
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Content: Skip to content
Saudi Arabia is currently experiencing a sharp rise and abrupt changes as it now enjoys a tremendous impact on the global economy as a major oil supplier.
Although the United States has climbed to the top position in oil production due to the development of shale oil, the Middle East manages about 52% of the world's oil reserves, and oil and gas account for more than 80% of the total.
Energy consumption.
Saudi Arabia is preparing for the future
Although Saudi Arabia has huge oil reserves, it is making efforts to modernize itself through advanced technology and is doing much to turn its grand visions into reality.
The Kingdom is currently investing heavily in future energy markets, be it solar, wind or green hydropower, and has also changed the structure of industries to reflect future visions such as artificial intelligence, computing and rocket science.
In the field of digital payments, it is approaching the goals of Vision 2030, despite its long-standing presence, as it accelerates its expansion in fintech and digital payments services and has entered advanced stages of signing alliances with e-wallet service providers and banks.
Since the announcement of Vision 2030 in 2016, positive change has swept the kingdom in terms of the economic, social and cultural landscape, building on what Saudi leaders see as the kingdom ’ s strengths in terms of its leadership in the Arab and Muslim world.
investment capacity and its strategic geographical location.
The report concluded by saying that the Saudi vision is on the right track, and this is evidenced by the achievement of good results in several areas, most notably the increase of non-oil government revenues by 122%, and the increase in the proportion of housing ownership to individuals.
Citizens to 60%, increasing women ’ s participation in the workforce.

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Content: Featured MaterialMakkah Region
Prince of Makkah: Vision 2030 carries with it the promise of good, prosperity and prosperity
Regions _ Jeddah
His Royal Highness Prince Khalid Al-Faisal, Advisor to the Custodian of the Two Holy Mosques, Governor of Makkah Region, congratulated the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and His Crown Prince and Prime Minister His Royal Highness Prince Mohammed bin Salman for the goals achieved by the Kingdom ’ s Vision 2030 during the past eight years.
Prince Khalid Al-Faisal stressed that since its inception, it has been blessed by the Custodian of the Two Holy Mosques and has been followed by the Crown Prince, it has carried with it the promise of goodness, prosperity and prosperity, and at the same time contributes to achieving great transformations and unique achievements that reflect the wise leadership ’ s keenness to build, grow and provide a decent life for the people of the nation. Their religion and accommodation are easy, safe and secure, accompanied by the continuous development of the system of services provided to them until we reach 30 million pilgrims by 2030.
He pointed out that what has been achieved is a motivation for all sectors to continue the march of successes and achieve the goals in order to reach advanced stages of development and development, pointing out that the Makkah region abounds with diverse natural and geographical features, and has a cultural heritage rooted in history, in addition to the availability of promising investment opportunities will be a strong complement to achieve the goals of the ambitious vision.
The Governor of Makkah asked Allah Almighty to grant the Custodian of the Two Holy Mosques health and wellness and to guide him and his right hand for the good of our dear country and its citizens, and to perpetuate our country's security, prosperity and prosperity.
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Content: General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
General Supervision
Elham Aboul Fath
Editor-in-Chief
Thank you for your patience.
Saudi Arabia: Riyadh Economic Forum kicks off in its 10th session
Crown Prince starts Asian tour after G20 summit
In its editorial entitled "Strengthening the foundations of the national economy", Al-Riyadh newspaper stated: "Exploring the challenges that accompany the developments of economic development in various aspects and horizons, and developing solutions that enable effective sustainability, and draw a renewed road map in order to achieve the highest quality in economic performance."
All of them fall within the framework of the priorities of the Kingdom ’ s Vision 2030.
In light of this, all initiatives, research, proactive solutions, impact studies and comprehensive reform are crystallized in a manner that meets the aspirations of wise leadership.
The 10th Riyadh Economic Forum, held under the patronage of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, with the participation of a group of government officials, economic experts, academics and businessmen and businesswomen, for a period of three days, including a number of strategic economic and development issues that will put new signs on the way to strengthen the foundations of the national economy and restructure it in the face of challenges.
The patronage of the Custodian of the Two Holy Mosques represents the greatest support and encouragement from the leadership for the economic development process, and what meets its tracks in general, and the Forum in particular, and constitutes an incentive for him to continue his research and scientific efforts in order to promote the pillars of the national economy and strengthen the role of the private sector in promoting development efforts and economic renaissance, within the objectives of the Kingdom ’ s Vision 2030.
She added that the Riyadh Economic Forum had important roles to contribute to the national economy, where its focus was on the development of infrastructure, upgrading the development of national human resources, studying the best ways to invest natural resources, as well as studying and developing the legislative environment and policies affecting the business and investment environment.
She concluded: Looking carefully at the 10th session of the Forum of four main studies entitled: linking the regions of the Kingdom with railways and their impact on the prosperity of tourism and logistics, studying the importance of unifying and harmonizing sectors in the legislation of issuing fees, taxes and zakat, and studying the prospects and challenges of the new business field (freelancing, flexible work, telecommuting). Forty-nine in-depth studies were prepared by the Forum, which produced 308 recommendations and initiatives.
These details come as one of the frameworks of the integrated scene of the efforts exerted to strengthen the march of the economy and development, according to wise strategies and comprehensive care.
An Influential Presence
Al-Bilad newspaper stressed in its editorial entitled "Effective attendance": With an important agenda of issues and challenges of the global economy and aspirations for a better future, the summit of the leaders of the Group of 20 countries will be held in Bali, Indonesia, with the active participation of the Kingdom.
At the direction of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, His Highness Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud, Prime Minister and Crown Prince, heads the Kingdom ’ s delegation participating in the summit and visits a number of Asian countries to strengthen relations and discuss issues of common interest.
Under its wise leadership, the Kingdom continues its active policy at various levels, and contributes a large and active role in the Group of 20 largest economies, and this role is widely appreciated by the Group and international institutions, in recognition of the importance of the Kingdom in the present and in the future as well, because of its position and its power and political, economic and moral influence. The countries of the region and the world, the development of countries and peoples and a better future for generations, based on its distinguished model of national achievement and the great goals of its ambitious vision.

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Content: The strategy of power in the Kingdom and its economic factors in a research message by Prince Majid bin Thunayan
Issued a series of university theses in the Deanship of Scientific Research at Imam Muhammad bin Saud University
Prince Majid bin Thamer bin Thunayan bin Mohammed Al Saud
Issued a series of university theses in the Deanship of Scientific Research at Imam Muhammad bin Saud Islamic University; a book prepared by Prince Dr. Majid bin Thamer bin Thunayan bin Mohammed Al Saud, for the academic year 1444 - 2023 AD.
In detail: The researcher linked in his book issued by Imam Muhammad bin Saud Islamic University entitled "Strategic Analysis of the Economic and Social Power Factors of the Kingdom of Saudi Arabia and its Response to Vision 2030"; the economic and social power factors of the Kingdom of Saudi Arabia, Vision 2030; by addressing the researcher to a strategic analysis of these factors and their response to the Kingdom's Vision 2030.
The researcher pointed out in his study, which is located in 281 pages divided into five chapters, in addition to references and supplements, the ability of Saudi Arabia to benefit from economic and social factors in working on the development and development of the Kingdom in accordance with Vision 2030, which will benefit all members of society on the one hand, and on the other hand make the country in the ranks of developed countries.
The researcher, Dr. Prince Majid bin Thamer, concluded his study with recommendations and proposals, which recommended the implementation of programs that integrate together to achieve the strategic objectives of Vision 2030, in addition to the establishment and development of industrial cities and economic zones, and provide them with all facilities and services, in addition to increasing the role of civil society organizations in the Kingdom. Saudi Arabia 2030, and increasing interest in non-oil exports, so that its share of exports increases to the desired goal according to Vision 2030, in addition to paying attention to local industries to reduce imports in order to provide private transfers, private sector services, shipping and insurance.
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Content: Featured MaterialsTop News
Director of the Organization for the Development of Women in Islamic Cooperation praises the Kingdom ’ s efforts to enhance the role of women in line with its Vision 2030
Regions _ UAS
The Executive Director of the Organization for Women Development in the OIC Member States, Dr. Afnan bint Abdullah Al-Shuaibi, praised the efforts of the Kingdom of Saudi Arabia to enhance the role of women in line with its Vision 2030.
This was stated in Dr. Al-Shuaibi ’ s speech before the opening session of the Second Ordinary Session of the Ministerial Council of the Organization for the Development of Women in the OIC Member States, which was held today in Cairo.
She pointed out that women in the Kingdom have unlimited support from the leadership to occupy the highest positions inside and outside the Kingdom in various fields and sectors, noting that this session examines the progress achieved by women in Arab and Islamic countries and discusses the obstacles they face, stressing that the Women Development Organization is working hard to strengthen its partnerships with Member States, sister organizations, UN agencies and development agencies around the world through the appointment of focal points, planning visits and virtual meetings.
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Content: A copy.
Previous issues of the newspaper
February
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2021.
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Someone.
Two. Two.
Tuesdays
WEDNESDAY
THURSDAY
FRIDAY
Saturday.
Riyadh (Echo):
The Minister of Energy, Prince Abdulaziz bin Salman, said on Saturday that the young men and women of the Kingdom are the owners of the Saudi Vision 2030, stressing that he feels proud to belong to the Kingdom and its people.
“Sticking to what matters to us today to move forward to a better future led by this generation and the generations that will follow, so whatever you see today in Saudi Arabia or tomorrow is not my work or the work of my generation alone, but the work of everyone, ” he said.
“I am empowered by supporting young men and women who have a vision and who are the owners of the Kingdom ’ s Vision 2030, but empowerment has spread in Saudi Arabia and many of the young men and women we saw at the exhibition who work day and night to provide the best.
I am proud to say that everyone in the Kingdom will achieve the future we all look forward to for our children and grandchildren to live in. ”
“What you ’ re seeing today and what you ’ re going to see on Monday is just a preview of the vision we ’ d like to have that will enable us to build bridges between sustainability, economic diversification and economic growth and improve and enhance the safety and well-being of the Kingdom. ”
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Minister of Energy: In our initiatives we want to set ourselves an example

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Content: Saudi Arabia vows to boost oil production
Astana, May 11 (Xinhua) -- Saudi Arabia is boosting oil production and stepping up global expansion plans for its state-owned oil company in preparation for what could be the largest stock listing in global history, according to the Financial Times.
Amin Nasser, the chief executive of Saudi Aramco, made his first comments on his government ’ s oil policy since a government reshuffle last weekend, stressing that the company was willing to compete with rivals, warning all producers, including regional rivals Iran and the U.S. shale industry.
Amin Nasser told the company's rare media visit at the headquarters of Saudi Aramco in Dhahran: "No matter what kind of call Saudi Aramco faces, we will respond."
There will always be a need for additional production. Production will increase in 2016. "
Saudi Arabia on Sunday replaced its veteran oil minister Ali al-Naimi, who has been in office for more than 20 years, and industry insiders are watching what happens to Saudi policy or crude oil production.
Deputy Crown Prince Mohammed bin Salman has hinted that Saudi Arabia could easily boost output to more than 11 million barrels per day as Iran tries to attract customers after years of sanctions relief.
More than one barrel of every eight barrels of crude oil worldwide is produced by Saudi Aramco, which is at the heart of the reform plan that Mohammed is pushing for.
Mohammed, who already has real power in Saudi Arabia, believes the company could be valued at more than $2 trillion after a planned initial public offering (IPO) of less than 5% of Aramco ’ s shares.
The reform plan, called Vision 2030, aims to end Saudi Arabia ’ s dependence on oil within 15 years, leveraging the assets of the state-owned oil company to fund broad investments and diversify the economy.
Saudi Arabia's new oil minister, Khalid al-Falih, said on his first day in office that Saudi Arabia's oil policy remained "stable", but he also showed a willingness to use the country's "maximum sustainable capacity" to meet customer demand.
Khalid Al-Falih, former chief executive of Saudi Aramco, is now chairman of the company.
Saudi Aramco ’ s current CEO, Nasser, said that Saudi Arabia ’ s average daily crude oil production last year was 10.2 million barrels, the highest annual level on record. If Saudi Arabia increases production in 2016, it will squeeze high-cost production in other regions; after nearly two years of falling oil prices, production in other regions has begun to decline.
"We are seeing an increase in global demand," Nasser said, referring to rising consumption in countries such as India and the United States.
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Content: ...
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Economy of Saudi Arabia
Saudi Arabia...
INNOVATION FOR HUMAN
Emil Amin
Posted in: Last Updated:
A few days ago, Crown Prince Mohammed bin Salman outlined the aspirations and priorities for research, development and innovation in the Kingdom as key pillars of the soon to be announced comprehensive national strategy.
One needs the comprehensiveness of the vision expressed by these axes, and the order of their priorities, starting from the human person and his health, through work on the sustainability of preserving the environment, which has become the greatest and most dangerous threat to life on the planet, and then work to meet the basic needs of citizens, to lead in the fields of energy, industry and the economies of the future.
In his ambitious speech, the Crown Prince, Patron of the Kingdom ’ s Vision 2030, which represents Saudi Arabia ’ s locomotive in shifting and changing anthropic times, and on the border of contact with a new world order on the way to emergence, stressed the importance that the Kingdom attaches to two inseparable things, spending on scientific research, and deepening the philosophy of innovation and innovation.
Prince Mohammed bin Salman has confirmed that annual spending on research, development and innovation will reach 2.5 percent of GDP in 2040.
Spending to expand the base of scientific research remains one of the most important drivers of sustainable economic growth and rationalization of strategic decisions, with the aim of achieving political, economic and social stability for all countries of the world.
A quick look at the ALECSO databases, which show the hierarchy of countries that spend on scientific research, finds the United States at the top of the pyramid, which means that the sovereignty and leadership of the United States, was behind a scientific intellectual breakthrough, and still is.
Next comes China, which explains its rocket rise to the next polar world, scientific research has made China ’ s road to land, sea and air safer and more secure in a world whose engagement is accelerating day after day, and then we see the European Union, Japan and Germany.
Scientific research and more attention to it means maximizing the use of the Kingdom ’ s available natural resources, such as oil and gas, from renewable energy to the sun and wind, from a strategic location that provides an opportunity for desalination, and provide successful experience to countries suffering from scarcity, from arable areas that can maximize their productivity in grain cultivation, at a time when the world is suffering from disruptions in supply chains.
The second is linked to the Crown Prince ’ s conviction that the philosophy of innovation must be the safe route for creative development and the accumulation of political and economic successes.
There is no doubt that the largest share of economic output in developed countries is due to technological innovations witnessed by humanity during the past century and a half, and the world owes word and deed to innovation and intellectual property systems that secure investment in the path of innovation.
Take, for example, the vast expanses of the vast deserts of the Kingdom, and how the naughty of some ideas of innovation, can create a global tourism that is only available in those areas, where the charm of nature is unparalleled, and how annual festivals can be held in the winter, where the warmth of climate and humanity is able to attract millions of tourists fleeing the pursuit of the white general or the gnashing of teeth.
The Kingdom ’ s vision for development and innovation does not appear to be a closed pragmatism, but what distinguishes it, in light of its capabilities and its material and spiritual position, is its creative openness to humanity, so that its enlightenment horizons are sacrificed for the sake of man at any time and place, and not only within Saudi Arabia.
What will soon become clear in the full strategic vision of development and innovation in the Kingdom reminds us of the famous economic historian Joel Mukker in his famous book The lever of Riches that innovation is the most important exception in history.
Between increasing spending in the Kingdom on scientific research and developing innovative visions, there seems to be opportunities to interact with the outside world, exchange rich experiences in all fields, whether through cooperation with international research centers, attracting scientific and intellectual competencies, and providing the opportunity for Saudi youth to acquire successful experiences from the east and west.
The above will reflect peace and tranquility on Saudi Arabia by enhancing global competitiveness, contributing about 60 billion Saudi riyals to the gross product, and away from oil rents.
Welcome back to the world of innovation for people.
* Quoted from Middle East Newspaper
Disclaimer: All published articles represent the opinion of their authors only.
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Content: Prince of Sharqia: Royal speech at the opening of the "Shura" reveals what Saudi Arabia is experiencing from a development renaissance
He stressed the need to continue working to achieve the national targets within Vision 2030.
Governor of the Eastern Province Saud bin Nayef bin Abdulaziz
Prince Saud bin Nayef bin Abdulaziz, Governor of the Eastern Province, praised the contents of the royal speech at the opening of the fourth year of the eighth session of the Shura Council, delivered on behalf of the Custodian of the Two Holy Mosques, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince and Prime Minister, at the Shura Council today.
His Highness said that the speech dealt with Saudi Arabia ’ s development renaissance and ambitious quality programs, and its achievement of advanced positions globally, to reflect this on the rise of sustainable development indicators, and witnessed the development of the Saudi economy and the acceleration of development; to become Saudi Arabia among the 20 most competitive countries in the world.
His Highness added: The royal speech stressed the importance of continuing to work to achieve the national objectives within Vision 2030, and that Saudi Arabia is moving according to deliberate plans and vision to achieve more positive results and development indicators, which heralds more successes to achieve economic reforms and enhance the overall economic growth of the Kingdom, God willing.
He called on the Emir of the Eastern Province, Al-Mawla, to preserve the Custodian of the Two Holy Mosques and His Highness the Crown Prince, and to perpetuate on our country the blessings of security, security and stability.
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Content: Al-Sudais: The wise leadership is keen to apply the principle of Shura, serve the Two Holy Mosques and promote Islamic values
Appreciating the contents of the annual royal speech and describing it as a road map to achieve more prosperity
The head of religious affairs at the Grand Mosque and the Prophet ’ s Mosque, Sheikh Dr. Abdulrahman Al-Sudais, praised the annual royal speech delivered by His Royal Highness Prince Mohammed bin Salman, Crown Prince and Prime Minister, on behalf of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz.
In detail, Dr. Al-Sudais described the royal speech as a road map for the Kingdom of Saudi Arabia ’ s plans and visions towards many issues: internal, external and Islamic, and a completion of the comprehensive development process that it has been going on since its founding by the founder, King Abdulaziz bin Abdulrahman, with its geographical, cultural, social and economic components that qualify it to be among the world ’ s countries.
The President of Religious Affairs said that the speech delivered by His Highness the Crown Prince during the opening of the fourth year of the Shura Council in its eighth session carried contents and meanings that enhance international security and peace, and stressed the Kingdom ’ s sustainable development plans in accordance with Vision 2030, which is in the interest of the homeland and the citizen. And its highest interests and ambitious programs, which will contribute - God willing - to maintain the Kingdom's advanced position globally, and achieve more development and prosperity, and provide a decent life for citizens.
Sheikh "Al-Sudais" praised the honorable deprivation and the system of services for religious purposes; attention and continuous follow-up to all the requirements that ensure the performance of the intended worshipers and rituals with ease and tranquility, and harnessing them to the precious and precious in order to create the latest means and religious services in the Grand Mosque and the Prophet's Mosque.
His Highness the Crown Prince praised the Kingdom ’ s keenness to facilitate the performance of Hajj and Umrah for the largest possible number of pilgrims and Umrah. Last year, the Kingdom hosted 1,800,000 pilgrims who performed Hajj and more than 10,000,000 pilgrims through the pilgrims service program, which is one of the programs of the Kingdom ’ s Vision 2030.
The Kingdom ’ s consistent approach is based on respect for the national sovereignty of all countries, non-interference in their internal affairs, permanent commitment to the principles of international legitimacy and its resolutions, adherence to the principles of good neighborliness, peaceful resolution of disputes, and taking all that would enhance security and stability in the region and the world.: 143], the rejection of terrorism and extremism, and the promotion of noble Islamic values.
Al-Sudais said that the speech of the Custodian of the Two Holy Mosques embodies the approach of the Kingdom of Saudi Arabia since its establishment by the founding King Abdulaziz bin Abdulrahman Al-Saud, and then his righteous sons, and even the auspicious era of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and His Royal Highness Prince Mohammed bin Salman, in the application of the principle of Shura. And they will be able to do it, and they will be able to do it, and they will be able to do it, and they will be able to do it, and they will be able to do it.
May Allah grant success to the Custodian of the Two Holy Mosques and His Royal Highness the Crown Prince for the sake of the dignity and prosperity of the country and the people, and the exaltation of Islam and Muslims; He is the Hearer and the Respondent.
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Title:

Content: We have lived for more than forty years in a period of darkness, especially in social and cultural issues, and the godfathers of that period were dark religious currents that repressed women primarily from work and participation in national development and obtaining their natural rights as in any society in the world and in some Islamic countries that used to leave the followers of those currents on winter and summer trips. This closed-minded interpretation of religion clearly influenced society for those who lived in those decades.
This stage of the abduction of the Islamic currents of society is over thanks to the vision of the Kingdom 2030, led by His Highness the Crown Prince, and some believed that its essence and objectives are economic only, but the vision as we live it now has social, cultural and religious aspects, and the Kingdom is living through a cultural revolution in its broad sense that establishes clearly the state of rights and duties protected by the laws issued successively.
I remember an answer by Crown Prince Mohammed bin Salman years ago at an economic conference in the Saudi capital, when he said, “We were living a normal life before 1979, and now we are returning to it in the vision project of a moderate Islam open to the world. ”
He stressed that 70% of the Saudi people are under 30 years old, and we will not waste 30 years dealing with extremist ideas, we will destroy them completely.
This is the vision of the father of the vision in the thought that our country has been pursuing for years, and with it the ideas, energy and faith of the young men and women of the homeland. Anyone who witnesses the work that is taking place in our homeland, it is clear to him that this vision is a realistic ideology and a road map to be followed by all government agencies and the private sector.
His Highness the Minister of Energy Prince Abdulaziz bin Salman said clearly and explicitly in his speech at the Human Capabilities Initiative conference in Riyadh: The past three or four decades we have lived in a phase (napping) and not an awakening, or as His Highness called it (the black box), or the black period, in terms of excluding Saudi women from participating in most fields. Creativity.
The increase in the presence of women in the Kingdom is evidenced by the fact that the participation rate of women in the labor force reached 35.9% in the fourth quarter of 2023, such figures and clear and frank discourse towards the dark forces covered by the veil of religion confirm that the vision project in all its aspects, especially social and economic, continues to move in the right direction and achieve its goals.
The speeches and assurances of His Highness the Crown Prince towards the Kingdom ’ s projects and the aspirations of the youth of the country give us confidence that human investment and development is the backbone of the national economy; which occupies the forefront of the vision ’ s projects.
The speech of His Highness Prince Abdulaziz bin Salman gives us a conviction that the project of change in all its forms is moving forward strongly, and the employment of religion and the fallacies of weak privacy in our country is clearly gone. Yes, I understand that the (Islamist) thought has dominated in the past decades, but it is God ’ s grace that our leadership, especially the Crown Prince, has the clarity of years to deal with this deceptive misguided thought.

Title:

Content: RIYADH — Saudi Arabia advanced to the 25th position globally in the annual World Happiness report 2022, Saudi Press Agency (SPA) reported on Friday. The Kingdom was ranked 26th globally in 2021.

The Kingdom has continued its progress globally in the happiness index, according to the report issued by the United Nations Sustainable Development Solutions Network, which annually measures happiness indicators for about 156 countries around the world.

The indicators measured by the report showed the Kingdom’s steady progress in the ranking of the happiest population since 2017, in light of the progress in achieving the goals of the Kingdom’s Vision 2030, and its flexible capabilities to adapt to the requirements of the development of quality of life.

The Kingdom was distinguished in terms of gross domestic product, social support, healthy life expectancy, freedom to make life decisions, in addition to generosity and confronting corruption.

The country has adopted economic programs that contributed to overcoming the repercussions of the pandemic.

© Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).

Title:

Content: The first.
Inspirational vision and growing exponentially.
Saudi Arabia at the forefront of developed countries
Jeddah - Albilad
Under the reign of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz and His Highness Crown Prince Mohammed bin Salman bin Abdulaziz, may God protect them, the Kingdom is witnessing major developmental and economic achievements in all sectors throughout the country, which we are proud of among nations in the ranks of the developed countries of the world.
The Kingdom ’ s vision is a roadmap for a better future for the ambitious nation, a vibrant society, a thriving economy, solid stability and security, and a growing Saudi role at all levels. The pioneering qualitative gains, achieved and targeted, continue to translate the aspirations of the leadership to seize the opportunities of the 21st century for all. Through them, the Kingdom has been able to overcome major global challenges, and continues its path of sustainable development centered on people, and economic growth recorded this year the highest rate according to reports of international economic and financial institutions, ahead of major economies, and continues to strengthen its position among the G20.

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

## Economic Reforms and Diversification

Vision 2030 represents a fundamental shift in Saudi Arabia's economic strategy, moving away from oil dependency toward a more diversified and sustainable economy.

Title:

Content: General / Saudi Newspapers
Saturday 24 / 9 / 1444 Corresponding to 15 / 04 / 2023
Riyadh 24 Ramadan 1444 AH corresponding to 15 April 2023 AD
Today's headlines are:
Crown Prince Receives Sultan of Brunei Darussalam
Crown Prince meets with Speaker of the House of Representatives of the Republic of Iraq
Prince Mohammed bin Salman ’ s project to develop historic mosques renovates the Citadel Mosque in Madinah and enhances the Islamic civilization of the Kingdom
Energy Minister Meets with Dutch Deputy Prime Minister and Foreign Minister and Discuss Means of Cooperation in the Field of Energy and Hydrogen
Minister of Foreign Affairs Meets Deputy Prime Minister for International Relations and Minister of Foreign Affairs of the Republic of Iraq
Foreign Ministry issues a statement at the conclusion of the consultative meeting of the GCC countries, Jordan, Egypt and Iraq
Faisal bin Farhan meets with the Minister of Foreign Affairs of the Sultanate of Oman
Faisal bin Salman launches Al Shifa Health Endowment Fund
"Salman Relief" distributes food aid to those affected by floods and needy in Afghanistan
Salman Relief distributes more than 9 tons of baskets in Chad
Ramadan is the spring face.
Pushing fishing enthusiasts to the sea.
"Vegetation" conducts field surveys for more than 10 thousand hectares in 8 sites in Mecca
Major General Nasser Hadi arrives in Riyadh after his release
The Kingdom has always sought Arab reunification as a supreme interest that entails many interests that lead to praiseworthy results for the security and prosperity of Arab countries combined, this is not an easy matter, each country has its own policy, objectives and alliances associated with them, and reconciling those goals and alliances with the goals of Arab reunification is a matter that needs to intensify work to overcome obstacles to reach the ultimate goal.
In the past few days, we have witnessed an Arab movement led by the Kingdom with all its ability and ability from its position as a major state seeking a new phase of closing the outstanding files that harmed security, stability and development in the Arab region and the region, starting with the agreement with Iran to restore relations and passing through the file of relations between Bahrain and Qatar and not ending with the return of Syria to its natural Arab environment. The Kingdom, through its positive diplomatic movement aimed at unifying the Arab ranks, is able to restore Arab-Arab relations to a high level of harmony and harmony, as this is in the interest of all Arab countries without exception.
It is not reasonable for the Arab region to be far from achieving its interests while it can rise and take its natural place as a region with a political, economic and developmental impact, by setting major goals as achievable goals and overcoming all obstacles to reaching that noble goal.
The role of the Kingdom plays a pivotal role in unifying the Arab ranks, and its positions are recognized, and now it is time for everyone to assume their responsibilities, which are common responsibilities, in order to reach the formulas that ensure the meeting of the word and achieve the goals that achieve security, stability and sustainable development.
Al Youm newspaper said in its editorial entitled "Charitable Work Development": In its third edition, the national campaign for charitable work is witnessing a community interaction coinciding with the holy month, in order to emphasize the support of charitable works in all its aspects with the keenness and interest and enable the access of support to those who deserve it through IhsanRD platform. Non-profit sector in the UK.
She pointed out that charitable work has frameworks and systems based on development and spreading the spirit of community work in a positive way, where individuals join hands with institutions to instill the concepts of that work, and ensure its continuity with every gift found, what we can mention is that IhsanRD platform since its establishment in 1441 AH, under a generous order, it attracts the attention of community institutions; to benefit more than 4.8 million beneficiaries from various charitable fields. Reliable, according to organized and considered governance; because of its impact on GDP.
She added that the charity works and official campaigns lead to effective partnerships with the government, private and non-profit sectors. The developmental triangle reflects maximizing the impact and sustainability of development projects and services through advanced technical solutions, and creating a bridge with others capable of achieving the goal of instilling social responsibility, integration between entities, and reaching a safe level to provide a decent standard of life for all. Relief and other related projects in other sectors such as the environment and technology, all of which contribute to the public benefit, and multiply the impact of good in the aspects of investment work considered developmental.
She added: Philanthropy has always been linked to social responsibility activities and their impact on the chances of institutional sustainability, both of the resources and energies available, and this is the essence of social philanthropy dynamic with long-term strategies that create an impact capable of emulating others with achievements and efforts that contribute to the development of a new perspective.
The newspaper "Economic" in its editorial entitled "Saudi advantages..
Vision 2030, led by the Custodian of the Two Holy Mosques King Salman bin Abdulaziz, and under the vision and supervision of Crown Prince Mohammed bin Salman, Saudi Arabia is moving at a rapid pace towards diversifying the national economy and strengthening the Kingdom ’ s position among the world ’ s countries. great for the national economy.
In this regard, Crown Prince Mohammed bin Salman, Prime Minister and Chairman of the Council of Economic and Development Affairs, announced the launch of four special economic zones in order to develop and diversify the Saudi economy and improve the investment environment, and SEZ are areas of rapid economic growth using tax and trade incentives to attract foreign investment and technology.
Special economic zones have a long history and a clear impact on the development of international trade, especially those that have comparative advantages over safe international trade routes - such as Gibraltar, Hamburg and Singapore - which were able to provide storage and free trade services.
By the end of the 1970s, East Asian and Latin American countries had found promising opportunities in the SEZs model to attract investment from multinational companies in labour-intensive manufacturing, and with successful experiments, they became the cornerstone of trade and investment policy in countries that moved away from import substitution policies and aimed to integrate into global markets through export-led growth policies.
In this historical context, the first four special economic zones were established in the southeast coast of China in 1980, consisting of what were then known as the small cities of Shenzhen, Zhuhai and Shantou in Guangdong Province and Xiamen in Fujian Province.
In these areas, China applied the experience of establishing special economic zones within the general jurisdiction of the state, for the purpose of introducing different laws and regulations that are usually more favorable for trade and investment, in order to give the economy a chance to compete with major industrialized countries, promote foreign trade and attract foreign investment.
Although these economic zones began as small cities, they soon attracted foreign investment and became prosperous cities, and with the rapid expansion of light industry and consumer goods industries and a growing population - in particular, Shenzhen's population grew from about 30,000 in 1979 to more than one million by the beginning of the 21st century. In 1992, the Chinese government decided to adopt some of the same policies in some 20 major cities in inland China, including several provincial capitals, as a way to encourage foreign investment.
This rich Chinese experience has had a profound impact on the emergence and dominance of the Chinese giant on the global economic scene.
In announcing the special economic zones, the Crown Prince pointed out that they will provide huge opportunities to develop the local economy, create jobs, transfer technology and localize industries, and will open wide areas for the development of the Saudi business community. local communities and entrepreneurs, with the many opportunities and indirect jobs it will bring to local communities, including the growth of global tourism.
The international experiences of economic zones and studies in international law and international trade have confirmed that the success of the SEZs depends on the creation of their own legal experience, and that these special zones have special legislative systems and regulations for economic activities, including incentives for companies competitive tax rates, exemptions for imports, production inputs, machinery and raw materials from customs duties, allowing 100% foreign ownership, and the ability to attract the best global human resources. The regions are among the most competitive in the world to attract the most important quality investments, and represent the first phase of a long-term program aimed at attracting international companies.
/ / Finished / /
05: 42 PM
0022.

Title:

Content: (Bloomberg) -- It’s only a matter of time before Saudi Arabia starts attracting more foreign direct investment to support Crown Prince Mohammed bin Salman’s economic diversification drive, according to boutique firm deNovo Partners.

The lack of meaningful FDI so far isn’t “something that will be there forever,” said May Nasrallah, a former Morgan Stanley banker who founded the Dubai-based advisory and serves as its executive chairwoman.

Changes in regulation and clarity on rules around bankruptcy law, for example, are needed to draw in greater sums of international capital, she said in a Bloomberg television interview on the sidelines of the Qatar Economic Forum.

Saudi Arabia’s goal to lure $100 billion of overseas money by 2030 seems out of reach for now, with many potential investors still viewing the country as somewhat of a risky bet, Bloomberg has reported. The kingdom wants external capital to help ease the spending burden on mega projects and other initiatives aimed at diversifying away from oil.

Nasrallah’s own advisory shop earlier this year secured a provisional license to operate in Saudi Arabia, joining numerous other boutique and investment banks rushing to the kingdom.

While Saudi Arabia has made a wealth of changes to rules and regulations aimed at making it easier to navigate the investment environment, there’s still an “issue of perception” and “issue of practicality” that may be limiting the inflow of capital, Nasrallah said.

“But they’re certainly heading in the right direction and doing a lot,” she said.

In a sign of the need for more capital, executives from so-called giga projects like Neom and Qiddiya were out in force this week at events in the capital city of Riyadh to pitch themselves to potential partners and investors. Neom also recently held a show-and-tell for bankers.

Finance Minister Mohammed Al-Jadaan has previously said some Vision 2030 projects would be delayed, while others are accelerated as the kingdom considers its funding needs, among other things. Saudi Arabia is also trying to avoid a scenario where the economy overheats, stokes inflation and leads to more imports for things like building materials for projects.

“Jadaan has been very smart in the way he has handled the hiccups facing the Saudi gigaprojects,” Andrew Hammond, Middle East historian at Oxford University, said at QEF. “He doesn’t deny any problems in maintaining funding lines.”

“He turns it around as a positive that allows for reassessing and streamlining them,” he said. “It’s the best answer. In any case, no one ever took seriously the idea that they would all be ready by 2030.”

(Updates with Jadaan comments, quote in final paragraphs)

©2024 Bloomberg L.P.

Title:

Content: Previous PostPrevious Most of the 2030 Goals were Achieved Prematurely
This is what I did for the Saudi youth.
He said the banking sector is strong and promising international Fitch certification.
Naif Al Harbi
Saudi Vision 2030 builds a vibrant and diversified economy, develops promising industries, attracts investments, provides growth opportunities for entrepreneurs, and employment opportunities for individuals. The government also creates a flexible and open economic environment that attracts foreign investments.
“The vision reflected many important qualitative shifts in multiple fields, as it led to achieving fiscal balance, improving the performance and capacity of the government, and contributed to improving the quality of education and adapting it to the needs of the workforce, and greater employment of the workforce, especially in the private sector. ”
“One of the most important sectors that played a major role in promoting the positive tone of Saudi Arabia in the world is to maximize the role of the young generation in all fields and give them opportunities and empower them, ” he added.
He said that "the implementation of the programs and initiatives of the Kingdom's vision has created more suitable jobs in light of the increase in the number of young people coming to the labor market," hinting that the follower of the programs announced by the state for the vision of the Kingdom 2030 finds that it achieved most of its targets before the dates set for them.
On the banking sector, Al-Harbi said that "the Saudi banking sector has good capital and is characterized by a level of profitability and good liquidity, and the Saudi banking sector has been ranked as the fourth best and strongest banking system in the world according to the rating of Fitch International Credit Rating Agency."
“Vision 2030 is working to reduce the unemployment rate among Saudi citizens to 7% and the tracker finds that we are approaching the target for the unemployment rate, before the proposed date of reduction in 2030. ”
He concluded that Saudi Vision 2030 pays great attention to supporting the private sector in order to create economic opportunities and empower the private sector and make it a partner so that it can enhance its role in economic development, provide job opportunities for citizens, and increase its contribution to GDP.
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Content: Saudi Arabia launches $200m fund to invest in domestic and global high-tech

The fund, part of Kaust's new strategy, aims to enhance economic diversification and contribute to the creation of high-quality technical jobs

Powered by automated translation

Saudi Arabia’s Crown Prince Mohammed bin Salman has launched a $200 million fund to invest in domestic and international high-tech companies as part of the kingdom's economic diversification plan.

The fund is part of the new strategy of the King Abdullah University of Science and Technology (Kaust), the Saudi Press Agency reported on Sunday.

The strategy focuses on "increasing the likelihood of turning research into economically beneficial innovations", through three major drives, the report said.

The initiatives include the launch of the National Transformation Institute for Applied Research (NTI) to boost technology development and commercialisation; the restructuring of research centres to align with national priorities for research, development and innovation; and the creation of the new fund.

The fund "will enhance economic diversification and contribute to the creation of high-quality technical jobs", the report said.

"The new strategy builds on Kaust's scientific and academic achievements and represents a new era for the university to become a beacon of knowledge and a source of inspiration and innovation in line with Vision 2030 aspirations," Prince Mohammed said.

The kingdom is diversifying its economy from oil as part of its Vision 2030 strategy, with technology one of the key pillars of the plan.

Saudi Arabia has introduced several projects and is investing heavily to develop the sector.

The kingdom is projected to spend $34.6 billion on information and communications technology in 2023, making it the top-spending nation for the category in the Middle East, Turkey and Africa, the IDC said this year.

In February, Saudi announced more than $9 billion investments in its technology sector at the Leap conference.

The amount includes a $2.1 billion commitment from Microsoft, Oracle's plans to invest $1.5 billion to boost the kingdom's cloud-computing capacity and $400 million from China's Huawei to enhance Saudi Arabia's cloud infrastructure.

An additional $4.5 billion has also been invested in global and local assets across a number of technology sectors, officials at the event said.

Saudi entities also announced nine funds worth a combined $2.4 billion during the event to support the growth of start-ups in the Arab world's biggest economy, with a focus on technology.

The AI revolution: What does our future look like?

As part of Kaust's new strategy, it will continue to collaborate with some of the largest domestic and global companies, including Aramco, Sabic, Acwa Power, IBM, Dow and Boeing, the SPA report said.

It will also team up with academic and commercial institutes in the Chinese city of Shenzhen to work on applied research across fields such as aerospace, robotics and microelectronics.

"One of the most prominent initiatives of the strategy is to strengthen international partnerships and develop co-operation frameworks with leading academic institutions and technology pioneers in the world," the report said.

"Through these initiatives and partnerships, Kaust will contribute to developing the higher education ecosystem, nurturing the future scientific research pioneers in the kingdom, promoting research and global innovation, and stimulating the growth of advanced technology start-ups. This will enhance the competitiveness of the kingdom's economy," it added.

Updated: August 20, 2023, 3:01 PM

Future Beat

Your round-up of the stories shaping tomorrow’s world

Title:

Content: Okaz stated that under the patronage of Crown Prince Mohammed bin Salman..
The Saudi sovereign is advancing globally on the road to $2 trillion.
The Global SWF report revealed that the Saudi Public Investment Fund (PIF) led sovereign funds globally in 2023, with investments of $31.6 billion, spread over 49 deals, an increase of 33% compared to 2022, in order to promote Vision 2030 and become the largest sovereign wealth fund in the world.
The top three deals for the fund in 2023 were the $4.9 billion purchase of American gaming company Scobili.
The fund ’ s aircraft financing and leasing company, AviLease, also acquired Standard Chartered ’ s aircraft leasing division in a $3.6 billion deal and the fund agreed to buy SABIC ’ s steel unit for $3.3 billion.
Global expects the global assets of state-owned investors, including sovereign wealth funds, public pension funds and central banks, to reach $54.9 trillion by 2025 and $71 trillion by 2030, led by a number of global banks and funds including the Saudi Public Investment Fund.
In 2023, Saudi Arabia ’ s National Development Fund (NDF) agreed to finance the construction of the world ’ s largest green hydrogen plant, established a company to transform the Kingdom into a global hub for sustainable industries focused on advanced technology and electronics, and raised $5 billion in international bonds.
The fund aims to inject 150 billion riyals annually into the local economy, contribute 1.2 trillion riyals to non-oil GDP, and work to exceed the size of assets 4 trillion riyals by the end of 2025 and create 1.8 million jobs.
“We are not only investing in business and sectors, but we are investing in the future of the Kingdom and the world, and our goal is to be our pioneering homeland for the new human civilization, ” he said.
The strategy of the Fund aimed to maximize its assets and launch new sectors, build strategic economic partnerships, and localize technologies and knowledge, which contribute to supporting the efforts of development and economic diversification in the Kingdom, and to consolidate its position to be the preferred investment partner globally, God willing. In the system of development and support for the programs and plans drawn.
Here, the ambitious Emir and Crown Prince ’ s vision was to activate and support the non-oil GDP, which would open the horizons of investment and diversify the sources of income commensurate with the Kingdom ’ s potential, whether at the level of untapped resources, or the human capacities that are not activated in the development system.
The reading of the Saudi decision in its larger strategic framework is a link in the chain of the Kingdom ’ s integrated Vision 2030, which aims to diversify the state ’ s resources and restructure the macroeconomy, with the means of activating all the engines of comprehensive development.
Investments were developed in other sectors where growth engines were almost idle, with arts and entertainment activities growing at an exceptional 106% in 2021 and 2022, accommodation, food, transport and storage services registering strong growth rates of 77%, and social services such as health, education and entertainment registering a growth of 10.8%.
- Followed by the transport and communications sector by 3.7%.
The trade, restaurants and hotels sector grew by 7%.
Real service exports, represented by tourist arrivals, also recorded historic growth rates during the last two years, with a double-digit growth rate of 319%.
What the reading of these figures in the framework of the overall strategy of the Kingdom ’ s Vision Program clearly says is that the Kingdom began to reap the fruits of success before the harvest dates, which reflects the clear impact of the transformation program, drives the path of economic diversification and growth engines, and strengthens the competitive position of the country globally.
It is clear that the Kingdom is in the process of transferring oil to the reserves, and not as a single major player without an alternative, as witnessed today by the IMF and the World Bank.
The Kingdom of Saudi Arabia, with its lavish vision and the dominance of the Investment Fund globally, sends a message of reassurance to a world that is witnessing ongoing wars and threats.
The Kingdom, with the vision of its leadership, provides a model for the effective management of resources, drawing plans and strategies capable of absorbing shocks, overcoming emergency changes, and turning all of this into opportunities for brilliant and effective success.

Title:

Content: Saudi Arabia’s economy joins trillion-dollar club: Report

Saudi economy achieved a growth rate of 8.7 per cent -- the highest among the G20 member states.

Riyadh: Saudi Arabia’s gross domestic product (GDP) has exceeded the ceiling of SAR 4.155 trillion (USD 1 trillion) for the first time, with the Kingdom joining the trillion-dollar club and achieving the national goal well ahead of the target date of 2025, according to a new report issued by the Federation of Saudi Chambers on the Kingdom’s 93rd National Day.

According to the report carried by the official Saudi Press Agency (SPA), the Saudi economy achieved a growth rate of 8.7 per cent — the highest among the G20 member states — spurred mainly by its production capabilities, which is reflected in the increase in the self-sufficiency rate of the Saudi economy to 81.2 per cent, and the increase in the investment rate (the invested percentage of output) to 27.3 per cent. Such performance led to increased confidence in the national economy and the Saudi riyal as a store of value by increasing the ratio of local currency deposits to total savings deposits from 66.5 per cent in 2021 to 67.7 per cent in 2022.

The report indicated that the Saudi private sector will continue its strong role and performance thanks to its status as an effective partner in the comprehensive development process and in achieving the goals of the ambitious Vision 2030. The private sector’s contributions to GDP increased to SAR 1.634 trillion, or 41 per cent of GDP, with a growth rate of 5.3 per cent.

The report said non-governmental investments increased to SAR 907.5 billion, with a growth rate of 32.6 per cent, to an 87.3 per cent contribution to the total fixed investments. The number of workers in the private sector has increased from 8.084 million in 2021 to 9.422 million in 2022, with a growth rate of 16.6 per cent, according to the report.

The report highlighted the success of the Kingdom’s policies regarding diversifying the economic base and supporting Saudi exports to global markets. Exports of goods and services increased by 54.4 per cent, and the export capacity of the Saudi economy increased from 33 per cent to 39.3 per cent of the GDP. The value of exports of goods and services rose to 171.9 per cent of the value of imports of goods and services in 2022, up from 134.5 per cent the previous year.

The value of non-oil exports reached SAR 315.7 billion, with a growth rate of 13.7 per cent, accounting for 20.5 per cent of commodity exports, and reaching 178 countries around the world.

The report expected that the Saudi economy and the private sector to continue their strong performance, citing various economic indicators, government support packages, and huge projects being implemented in various regions across the Kingdom.

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Title:

Content: Extensive reforms in the Kingdom in 2022
Financial: The reforms of the Crown Prince have great support from the youth
2020-12-28 at 08: 16
The Citizen - Translated by Hala Abdulrahman
The Financial Times pointed out that the Kingdom is carrying out extensive reforms under the auspices of Crown Prince and Prime Minister Prince Mohammed bin Salman, in rapid steps that enjoy great support from the Kingdom ’ s youth.
Extensive repairs
The newspaper reported that the year 2022 witnessed extensive changes in the Kingdom, based on the ambitious Vision 2030 launched by the Crown Prince, and the year 2022, when Crown Prince Mohammed bin Salman, launched an important series of reforms.
These reforms include renewing and diversifying the economy to make it less dependent on oil and more open to other sources such as tourism.
The Kingdom is trying to attract young talent and Western companies in the face of growing global and regional competition, in addition to providing a more modern lifestyle.
Support for youth and women
The newspaper praised the elements of the empowerment of Saudi women and their inclusion in many fields and participation in many activities, which enabled them to achieve achievements at the local and regional level, while the Saudis welcomed these steps and enjoyed great popularity and support.
Crown Prince Mohammed bin Salman has received widespread support from Saudi youth.
The words of support and motivation for young people are always present in most of the speeches of the Crown Prince, which was evident during the launch of the National Intellectual Property Strategy, which is one of the possibilities to achieve the objectives of the Kingdom ’ s Vision 2030, aimed at building an intellectual property system that supports the economy based on innovation and creativity.
The real power.
“We have minds and energies that are passionate about innovation and creativity, and by enabling it, the Kingdom will be a fertile environment for the knowledge economy through an integrated intellectual property system that supports the development of innovative technologies and industries and contributes to the growth of enterprises.
In 2016, His Highness the Crown Prince announced the future vision of Saudi Arabia 2030, and Prince Mohammed bin Salman stressed that youth are the real force to achieve the national vision, which he believes will be achieved only through the Saudi youth, which is one of the most prominent advantages in Saudi Arabia.
Since then, Vision 2030 has placed youth as a pillar and roadmap to empower them, get out of the oil mantle, invest, and diversify economic incomes.

Title:

Content: A copy.
Previous issues of the newspaper
February
<
2021.
> >
Someone.
Two. Two.
Tuesdays
WEDNESDAY
THURSDAY
FRIDAY
Saturday.
Riyadh (Echo):
The Minister of Energy, Prince Abdulaziz bin Salman, said on Saturday that the young men and women of the Kingdom are the owners of the Saudi Vision 2030, stressing that he feels proud to belong to the Kingdom and its people.
“Sticking to what matters to us today to move forward to a better future led by this generation and the generations that will follow, so whatever you see today in Saudi Arabia or tomorrow is not my work or the work of my generation alone, but the work of everyone, ” he said.
“I am empowered by supporting young men and women who have a vision and who are the owners of the Kingdom ’ s Vision 2030, but empowerment has spread in Saudi Arabia and many of the young men and women we saw at the exhibition who work day and night to provide the best.
I am proud to say that everyone in the Kingdom will achieve the future we all look forward to for our children and grandchildren to live in. ”
“What you ’ re seeing today and what you ’ re going to see on Monday is just a preview of the vision we ’ d like to have that will enable us to build bridges between sustainability, economic diversification and economic growth and improve and enhance the safety and well-being of the Kingdom. ”
Also read:
Minister of Energy: In our initiatives we want to set ourselves an example

Title:

Content: Thursday, 04 April 2024 07: 01 GMT
Bani Hamim: A comprehensive health and development renaissance in Najran
(MENAFN- Al Watan) Director General of Health Affairs in Najran Region, Dr. Ibrahim bin Saleh Bani Humim, said: "In these blessed days, we celebrate the seventh anniversary of the pledge of Prince Mohammed bin Salman bin Abdul Aziz as Crown Prince.
Seven years during which the young crown prince launched the Kingdom ’ s Vision 2030.
That vision, which invested the strengths of God ’ s love for our beloved kingdom, it is the land of the Two Holy Mosques, the cleanest of the Bekaa, the kiss of Muslims, and the heart of the Arab and Islamic worlds.
Seven years in which the Kingdom has made steady and rapid steps in all fields, and has made a glorious history full of achievements, and has become a difficult number among nations and peoples, and the Kingdom has become a destination for senior leaders, politicians, financiers and economists with the confidence and patronage of the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and his Crown Prince Mohammed bin Salman.
Development Projects
Najran Region and its provinces, supported by the wise leadership, have many development projects in various services, foremost of which is human health. The Governor of Najran Region, Prince Jalawi bin Abdulaziz bin Musaed, launched 12 health projects and 10 programs to improve services in hospitals in the region at a cost of more than 226 million riyals, in the presence of Minister of Health Fahd bin Abdulrahman Al-Jalajel.
The projects included the rehabilitation of the West Najran Hospital with a capacity of 100 beds in its first phase, development projects at King Khalid Hospital and its affiliated centers, the project of the Public Health and Medical Authority, the development of 4 health centers, development projects at the Maternity and Children Hospital, King Khalid Hospitals, Maternity and Children Hospital and Habuna Hospital. Departments in the region such as Academic Affairs, Storage Control, Crisis and Disaster Center and Prince Sultan Cardiac Center.
Improvement of services
The projects included the launch of the electronic file of 9 hospitals and 66 health centers, a refrigerator to cool crises and disasters in 34 eyes, the development of a number of health facilities in West Najran Hospital, fire alarm and extinguishing system, and development projects in Erada and mental health complex, as well as projects to improve services and activate a number of specialized medical services in the region ’ s hospitals, including the activation of “Raziom ” technology. Prostatic hyperplasia at King Khalid Hospital, electrocardiogram and radiofrequency service at Prince Sultan Cardiac Center, in addition to pelvic and knee joint replacement service for adults at the General Hospital, medical rehabilitation clinics at the Oncology Center and Erada Complex.
It also included the Gastrointestinal Endoscopy Service, Peritoneal Dialysis at Najran General Hospital, Pelvic Fracture Fixation Services and Hip Joint Replacement at Najran General Hospital, in addition to the Cochlear Transplant Center at King Khalid Hospital, the Interventional Radiology Dialysis Transplant at the same hospital, the Electroencephalography Unit, and the Audiology Unit. Maternity and Pediatric Hospital.
Numbers and Achievements
Najran Health has achieved 7 awards for excellence in (Wazen) program for 2023, one of the Ministry of Health ’ s performance indicators programs, represented by the Therapeutic Agency, which relies on the balanced performance card to measure the achievement of the strategic objectives of the Ministry ’ s hospitals, raise the level of health services provided to beneficiaries in all regions of the Kingdom, and reach high rates in the performance of health facilities. Sparky.
This came during the announcement and honoring the winners within the activities of the fourth Wazen Forum, which was held yesterday at King Fahd Medical City in Riyadh under the slogan (Wazen..
Continuity of giving, renewal of indicators and achievement of targets).
The awards included the first place in the category of maternity and pediatric hospitals at the level of the Ministry of Health, and the achievement of Erada mental health complex first place in the clinical category 200 beds and more at the level of the Ministry of Health, in addition to the achievement of Badr South Hospital second place in the category of 50 beds.
Erada also won the award for the best improvement project, and Najran New General Hospital achieved excellence in the best improvement project within the competitions of outstanding improvement projects of Wazen program.
Najran Health also received two awards in the field of outstanding research for the Wazen Program through the achievement of Erada Complex for the best research, and the achievement of the new Najran General Hospital for excellence in the same field.
SPAHI Accreditation
Najran has achieved an achievement at the level of the Kingdom through the accreditation of all its hospitals by the Saudi Council for the Accreditation of Health Facilities (Sipahi) at the level of the Ministry of Health, in addition to the fact that 56 health centers received accreditation by more than 83% of the number of health centers in the region.
In addition, the Directorate General of Health Affairs in Najran won the third place in the competition of laboratory monitoring areas for respiratory diseases at the level of the Kingdom for the year 2023.
Najran Health, represented by King Khalid Hospital, won two awards at the level of the Ministry of Health, including achieving the first place in the national competition to reduce central venous catheter infection for the year 2023.
Najran Health also came first in the Kingdom with a satisfaction rate of 84.32% in the index of improving the experience of beneficiaries in emergency departments in hospitals during 2023.
Transformation Programs
To achieve the objectives of the health transformation programs in Najran, 100% achievement was achieved in the indicator of reducing the average length of stay of patients in the inpatient departments during 2023, as well as 86.94% satisfaction rate of beneficiaries with the services of primary health care centers in Najran health during the fourth quarter of 2023.
Also, Najran Health achieved 100% of the 2023 targets in the index of reducing waiting times for operations in hospitals in the region, and the Sugar Center at King Khalid I Hospital at the level of diabetes centers in the Ministry of Health, according to the results of the patient experience measurement program for 2023, achieved a satisfaction rate of 98.20%, in addition to the accreditation of the Cochlear Transplant Center in Najran Health by specialized centers.
Numbers, works and programs 2023
10,000 babies born in Najran Health Hospitals
Najran Health Hospitals recorded 10,188 births
Births at the maternity hospital and children have reached 7,363
The hospital was born in 1809.
BADR SOUTH HOSPITALS 51
Year of birth 469
Our love of the year is 477 babies.
The 19th year was born.
728 thousand beneficiaries of emergency services
Najran Health Hospitals Served 728,120 Beneficiaries
151 thousand virtual appointments in Najran hospitals and health centers
74,157 beneficiaries benefited from the services of virtual clinics
151749 virtual appointments in 9 hospitals and specialized centers
63 primary care centers in the region
585 thousand beneficiaries of outpatient services in hospitals
585,646 beneficiaries in various disciplines
81 thousand beneficiaries of specialized centers services
King Khalid Hospital in Najran visited 81835 patients
41 thousand beneficiaries of the services of the specialized dental center
MENAFN03042024000089011017ID1108056983
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NEWSLETTER

Title:

Content: ECONOMY
Saudi-UN agreement to accelerate sustainable development
Sports - Country
Minister of Economy and Planning Faisal bin Fadel Al-Ibrahim and United Nations Resident Coordinator in the Kingdom Natalie Fustier signed an agreement under the United Nations Framework for Cooperation in the Field of Sustainable Development (2022-2026), which contributes to enhancing cooperation and joint commitment to accelerate progress in the areas of sustainable development in the Kingdom under the framework of the United Nations 2030 Agenda and its 17 Sustainable Development Goals.
UN Secretary-General António Guterres said the reforms aim to enable the United Nations to "keep up with the 21st century", adding that reform work "shifts the focus from processes and bureaucracy to serving people and achieving achievements."
The UN Resident Coordinator said: “The UN ’ s partnership with the Government of Saudi Arabia has evolved over the years and continues today, as we now move into a new phase, with the UN Framework for Cooperation on Sustainable Development.
In this context, the Minister of Economy and Planning said that the world is currently facing major challenges that require us to coordinate our cooperation and efforts at an international level, hence the importance of signing the United Nations Framework for Cooperation in the Field of Sustainable Development, which is within the framework of achieving this goal.
The agreement will allow the Kingdom to work closely with its partners to benefit from economic opportunities resulting from the need to achieve comprehensive development locally and internationally.

Title:

Content: Fitch upgrades Saudi Arabia’s rating on 'formidable' finances and diversification

Gross government debt to GDP declined to 23.8 per cent in 2022

Beta V.1.0 - Powered by automated translation

Fitch Ratings has raised Saudi Arabia's long-term foreign-currency default rating due to the kingdom's economic diversification efforts, "formidable" finances and low government debt.

The ratings agency upgraded the kingdom's rating to 'A+' from 'A' with a stable outlook, it said in a statement on Wednesday.

The investment grade rating highlights the strong capacity of the kingdom to meet its financial commitments.

The upgrade reflects the kingdom's "strong fiscal and external balance sheets, with government debt/gross domestic product and sovereign net foreign assets [SNFA] considerably stronger than both the 'A' and 'AA' medians, and significant fiscal buffers in the form of deposits and other public sector assets”, Fitch said.

“The upgrade also assumes ongoing commitment to gradual progress with fiscal, economic and governance reforms.”

In reference to the kingdom's strong finances, Fitch cited Saudi Arabia's foreign reserves excluding gold which reached $459 billion last year.

It said investments and deposits abroad offset the substantial current account surplus, which is about 13.6 per cent of GDP equivalent to about $150 billion. Gross government debt to GDP declined to 23.8 per cent last year.

Last month, S&P Global Ratings upgraded Saudi Arabia’s rating to “A/A-1” from “A-/A-2” and assigned it a stable outlook.

Saudi Arabia has one of the highest reserve coverage ratios of country's rated by Fitch. The kingdom's ratio is estimated at 18 months of current external payments.

Saudi Arabia, the Arab's world's largest economy, is in the middle of a major economic diversification drive under its Vision 2030 agenda, amid a push to reduce its reliance on oil and tap into other high-growth industries to boost its economy, create more jobs and attract private investment.

The kingdom recorded the highest annual growth rate among the world’s 20 biggest economies in 2022, according to the Organisation for Economic Co-operation and Development.

Its economy expanded 8.7 per cent last year on higher oil prices and the strong performance of its non-oil private sector.

Business activity in Saudi Arabia’s non-oil private sector economy remained robust in March with the latest purchasing managers' index remaining in expansionary territory as output and new business accelerated, further supporting employment growth in the kingdom.

Increased government spending as part of the kingdom's investment strategy under Vision 2030 can spur returns in the form of sustained higher non-oil GDP growth and job creation to meet the expanding national labour force, Fitch said.

Saudi Arabia's non-oil economy will continue to gain traction with a growth of 5 per cent in the non-oil private sector this year, supported by higher government capex, investments by the Public Investment Fund including giga projects, robust credit growth, ongoing development of retail and entertainment sectors and employment gains among Saudis and expats, according to Fitch.

The kingdom's sovereign wealth fund, the Public Investment Fund is investing heavily to build new projects in the kingdom. It is mandated to pump $40 billion to $50 billion into the local economy to generate jobs and boost the non-oil economic base of the country.

Fitch expects a gradual improvement in the kingdom's fiscal structure and a higher spending profile for 2023-2025.

The rating agency said the kingdom's fiscal break-even oil price increased last year to $86 a barrel and the non-oil primary deficit to non-oil GDP widened.

Government decision-making was "strategic, reflecting a policy balance between supporting Vision 2030 projects and responding to higher inflation on the one hand and remaining fiscally prudent", Fitch said.

Fitch estimates fiscal break-even oil price of $76 a barrel in 2025 compared with a previous $70 a barrel projection. It said the non-oil primary balance to non-oil GDP will continue to improve, narrowing to 23 per cent in 2025 from 31 per cent in 2022 and 41 per cent in 2016.

Updated: April 05, 2023, 9:29 AM
EDITOR'S PICKS

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

What are some of the key goals of Vision 2030 for society and economy?

What are the main goals of the 2016- launched Vision 2030?

To lessen reliance on oil.
To diversify Saudi Arabia's economy

What has MBS done since becoming Crown Prince in Saudi Arabia?

The crown prince has spearheaded initiatives that have yielded impressive results:

### Employment and Economic Growth
Recent data shows that Saudi Arabia has achieved historic lows in unemployment rates, with overall

Title:

Content: ECONOMY
Crown Prince: Vision 2030 is a march, not a final destination and more needs to be done
Thank you for reading the news of the Crown Prince: Vision 2030 is a march and not a final destination and more should be done and we assure you that we always seek to satisfy you and now with the details
The Crown Prince and Prime Minister of the Council of Ministers, the Emir, affirmed that the Kingdom recognized early on the importance of international cooperation, growth and energy, and worked to strengthen partnership and integration, stressing the leading role of the Kingdom in making a global impact in growth and energy.
He pointed out that Saudi Vision 2030 is a path, not a final destination, pointing out that the Kingdom ’ s current achievements are only at the beginning stage, and more should be done, which will generate many opportunities for cooperation, growth and development with various international partners.
This came during the participation of the Crown Prince yesterday in a special dialogue session within the special meeting of the World Economic Forum in Riyadh with the presence of a number of leaders of the governmental and private sectors and a number of academics and representatives of international organizations from around the world.
The special session discussed the current geopolitical and economic challenges facing the world and the Kingdom's efforts to strengthen international cooperation and act as an engine of growth within the framework of its role as a global economic hub in the Middle East region, which is a cornerstone of the global trading system.
A pivotal role
Prince Mohammed bin Salman added that the Kingdom has played a major and pivotal role in international issues by devoting all efforts to building a stronger, more robust and sustainable global system, in parallel with its great economic and social transformation, stressing that it will continue its role in making a lasting global impact. on common international issues.
Coherent economy
He stressed that the Kingdom is working with its international partners in the framework of promoting innovation, trade integration and energy security in order to reach a coherent global economy, pointing out that the Kingdom provides direct support and development investments in order to encourage economic and financial stability in the world.
A source of opportunity
Prince Mohammed bin Salman said the special meeting of the World Economic Forum has many goals that the Kingdom has worked to achieve in the sectors of economic development.
In partnership with the international community, he stressed that the Kingdom is today a source of opportunities and an incubator for innovation.
Achieving Flexibility
He stressed the Kingdom's commitment to expanding international cooperation with its international partners in order to promote inclusive development, achieve integrated economic flexibility and act as a supporting force for long-term stability, prosperity and peace in the region and the world.
Addressing the current volatile geopolitical environment, he stressed that the most important factor for achieving security, stability and economic progress was to take advantage of all opportunities and to give priority to cooperative partnerships.
Regional and global partners.
Creating Opportunities
The Crown Prince highlighted the Kingdom ’ s achievements within the framework of Saudi Vision 2030, noting that the Kingdom continues to create transformative investment opportunities in emerging sectors in various parts of its developed economy.
He discussed the comprehensive reform package implemented by the Kingdom over the past eight years with the aim of enabling the private sector enterprises to contribute to the continuous progress process, pointing to the growth of the Public Investment Fund and its plans to transform into a sovereign fund.
His fortune is in trillions of dollars.
R & D
During a discussion with the Crown Prince about the Kingdom ’ s rapidly diversified economy, he spoke about the Kingdom ’ s recent achievement, for the first time, where the Kingdom ’ s current non-oil GDP represented more than 50% of GDP in 2023, stressing the importance of investing more in the fields of research and development. Given their significant role in enabling leading national companies, including Aqua Power, Sir and Alaat, to continue their growth trajectory.
His Highness pointed out that the fields of research and development constitute a fundamental pillar that allows these companies to employ emerging technologies within their business models and promote growth in this important sector in the Kingdom.
The Crown Prince also pointed out that these efforts contributed to accelerating the pace of growth of the digital economy in the Kingdom at a faster rate.
3 times the global growth rate.
A vibrant community
He also touched on the impact of Saudi Vision 2030 on all aspects of life in the Kingdom, which has resulted in building a vibrant society.
He pointed to significant improvements in quality of life and social development, with women ’ s participation in the workforce doubling since 2016.
The most important thing the Crown Prince said:
• The Kingdom has played a major and pivotal role in international issues to build a stronger and more robust global system
• and sustainability.
• The Kingdom will continue its role in creating a lasting global impact; based on its leadership towards international issues
• Joint.
• The Kingdom is working with its international partners to promote innovation, trade integration and energy security.
• The Kingdom is now a source of opportunities and an incubator for innovation.
• The Kingdom is committed to expanding international cooperation with its partners in order to promote inclusive development.
• The Kingdom continues to create transformative investment opportunities in emerging sectors.
• Saudi Arabia ’ s non-oil GDP represented more than 50% of GDP 2023
• R & D is a key pillar that allows companies to integrate emerging technologies into their business models.
• Accelerating the growth of the digital economy in the Kingdom at a rate three times faster than the global growth rate.
• The impact of Vision 2030 on all aspects of life, resulting in the building of a vibrant society.
• Women ’ s participation in the labor force has doubled since 2016.
Saudi Vision 2030 is a march, not a final destination.
• The achievements of the current Kingdom are only at the beginning, and more needs to be done.
This was the details of the news of the Crown Prince: Vision 2030 is a march and not a final destination and more should be done for this day we hope that we have succeeded by giving you the details and full information and to follow all our news you can subscribe to the alerts system or in one of our different systems to provide you with all that is new.
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Title:

Content: Saudi Arabia is aiming to become one of the top three countries in the world for number of esports competitors after launching an ambitious new strategy.

Crown Prince Mohammed bin Salman personally announced an initiative which has the target of boosting the economy by SAR50 billion (£11.7 billion/$13.3 billion/€13.3 billion) by 2030.

The National Gaming and Esports Strategy has also been tasked with creating 39,000 jobs while major esports competitions are also part of the plan.

Saudi capital Riyadh has already been announced as the host of next year's Global Esports Games.

The city has also hosted events as part of the Global Esports Tour.

Gaming studios in the country have been given the target of producing more than 30 games by the 2030 deadline.

It comes after a major international esports tournament reached its conclusion in Riyadh.

Gamers8 featured games including Rocket League, DOTA 2, Fortnite, Tom Clancy’s Rainbow Six Siege and PUBG Mobile.

The eight-week event began on July 14 and $15 million (£13 million/€15 million) in prize money was on offer.

Esports is a huge growing business but its relationship with traditional sports remains up for debate.

It has begun to gain more acceptance, however, including being added to the sports programme of some major events.

Next year, it is due to feature for the first time at the Asian Games as a medal sport as part of the delayed Hangzhou 2022 edition.

Governance remains a key issue, with both the International Esports Federation (IESF) and the Global Esports Federation (GEF) in existence.

Both hold their own events such as the IESF World Championships, and the Global Esports Games which are run by the GEF.

What has MBS done since becoming Crown Prince in Saudi Arabia?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What has MBS done since becoming Crown Prince in Saudi Arabia?

What has MBS done since becoming Crown Prince in Saudi Arabia?