Reports about it TASS.

He made this statement during his speech at the investment forum in Riyadh.

“I believe that the new Europe is the Middle East. The Kingdom of Saudi Arabia in five years will be completely different. Bahrain, Kuwait and even Qatar, despite the differences in our economies, will also be totally transformed, Jordan, Egypt, Iraq - if we succeed in five years, the Renaissance will occur here in the Middle East, ”he said.

According to the prince, he no longer wants to see the Middle East "on the outskirts of the world."

On October 23, the Future Investment Initiative Economic Forum kicked off in Saudi Arabia. This year's event, also known as Davos in the Desert, is taking place against the backdrop of a diplomatic scandal. After the murder of Saudi journalist Jamal Hashukji in Turkey, representatives of many Western companies canceled a visit to Riyadh. At the same time, on the first day of the conference, the meeting participants signed agreements worth over $ 50 billion.

More information about the forum - in the material RT.