His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that the ambitious development vision adopted by Saudi Arabia makes it an influential partner in shaping the future of the world economy. He praised the specific initiatives adopted by the Kingdom under the leadership of the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, which aims to stimulate constructive dialogue on ways to enhance cooperation towards discovering new paths to promote sustainable development efforts at the regional and international levels. He stressed that «the mountains owned by the Saudis can unite and move the region DONC a real, stable and prosperous future for the Arabs .. All Arabs. »
This came on the occasion of His Highness's attendance at the second day of the Future Investment Initiative Forum, organized by the Saudi Public Investment Fund under the patronage of the Custodian of the Two Holy Mosques during the period from 23 to 25 October in Riyadh, Saudi Arabia. The initiative, which reflects the Kingdom's interest in the topics discussed, and its keenness to create an environment conducive to the success of its objectives. The initiative, during its second session, was attended by a number of senior Arab and foreign officials on a wide range of topics related to the future Investment.
HH the Emir expressed his deep appreciation and gratitude for the great UAE delegation, which has 150 members of the ministers, executive heads, investors and businessmen, for their hospitality and hospitality in their second country in Saudi Arabia. He affirmed the depth of historical relations and brotherly ties between the two countries and peoples. The two sides considered the requirements of development and development during the next phase, foremost of which is the interest in investing in supporting youth capacities, enhancing their participation and providing them with the necessary elements of excellence to enable them and employing the latest technologies in establishing the foundations of sustainable development. Ge mattresses excellence in various fields.
His Highness Sheikh Mohammed bin Rashid Al Maktoum said in a tweet on Twitter: "The words of Mohammed bin Salman at the investment conference are real ... optimistic .. University of the word .. and his personal struggle in the development of the region we are with him in the case and money .. I tell him : The mountains owned by the Saudis can unite and move the region to build a real, stable and prosperous future for Arabs .. All Arabs ».
His Highness Sheikh Mohammed bin Rashid Al Maktoum attended the special session, during which the Crown Prince, Deputy Prime Minister and Minister of Defense and Chairman of the Council for Economic Affairs and Development in the Kingdom of Saudi Arabia, Prince Mohammed bin Salman bin Abdulaziz, and included the Crown Prince and Deputy Supreme Commander First Deputy To the Prime Minister of the Kingdom of Bahrain, Prince Salman bin Hamad Al Khalifa, and Lebanese Prime Minister Saad Hariri, as part of the second day of the Future Investment Initiative Forum, which is attended by more than 150 prominent politicians, economists, investors, Business, representatives of more than 140 hand, the presence of more than 4,000 personal rounded up more than 35 effective, from the dialogue sessions, forums and meetings open discussion and specialized workshops.
A unique development experience
In his speech, the Saudi Crown Prince hailed the distinguished development experience presented by the United Arab Emirates, which began from Dubai, which presented a new vision for economic development that is different from the prevailing pattern in the Gulf region for decades. Presented by a visionary leader, His Highness Sheikh Mohammed bin Rashid Al Maktoum, who made Dubai a model in diversifying sources of income by encouraging and developing diversified economic sectors.
During the meeting, Prince Mohammed Bin Salman reviewed several figures that attest to the significant development and tangible achievements achieved by the Saudi economy over the last three years, during which the Kingdom's non-oil resources have tripled. This year between 2.2 and 2.5%, and the budget deficit fell from 9.3% last year to about 4.6% this year, while it is expected to exceed the budget of Saudi Arabia for the next year trillion Saudi riyals, with increasing proportion of capital expenditure, stressing Kingdom Continuation The implementation of mega-development projects announced by, in order to achieve the desired results within the various sectors, with the continued improvement in the order of the Kingdom within the global competitiveness indicators.
Prince Mohammed stressed the Kingdom's continued development and modernization, not only in the economic sector, but also within all cultural and social sectors, and serving the aspirations of the Saudi people, which he described as "great and mighty". No one can discourage him from his ambitious development goals .
The Saudi Crown Prince hailed the economic development efforts in the Arab region, which witnessed a number of large development projects and strong positive results in Kuwait, Bahrain and Oman, as well as Egypt, Lebanon, Jordan and other countries in the region, He expressed his confidence that the Middle East will be able to achieve global progress over the next 30 years to be the new Europe, stressing the Kingdom's keenness to participate strongly and work diligently to achieve this strategic goal.
Prince Salman bin Hamad Al Khalifa, Crown Prince of Bahrain, thanked the UAE, Saudi Arabia and Kuwait for their support to Bahrain. He also discussed the Kingdom's efforts in the area of sustainable economic development and the elements it focused on in this regard, especially the diversification of sources of income, which was the result of the non-oil sectors' growth of 5% over the past year.
For his part, Saad Hariri reviewed the ongoing reform efforts in Lebanon, which is preparing to form a new government, which is expected to be revealed in the coming days, stressing that despite the challenges facing his country at the current stage, the determination is sure to achieve the desired reforms, Which meet the aspirations of the Lebanese people and meet their needs.
Round the Forum «Forum»
His Highness Sheikh Mohammed bin Rashid Al Maktoum toured the headquarters of the Future Investment Initiative Forum in Riyadh, where he witnessed the Digital Wall, an interactive screen for global search engines and the "Energy Wall" which provides all participants with information about the Forum and its various events. Period.
Sheikh Mohammed also visited the accompanying exhibition where he witnessed a technical project, which was carried out by a group of Emirati students. It was also a model of the DNA map. His Highness also reviewed the interactive electronic version of the annual forum of the Initiative Forum The future of investment.