Saudi Crown Prince Mohammed bin Salman affirmed, during his speech at the opening of the Shura Council’s second session of its ninth term, that “the Kingdom of Saudi Arabia has become a destination for global investments.”
He stressed that “the Kingdom continues on its development path in line with Vision 2030, which embodies the achievements made in developing infrastructure and enhancing quality of life for citizens, residents, and visitors.”
The Crown Prince pointed out that “the Saudi economy is progressing in diversifying its paths and demonstrating its ability to reduce reliance on oil. For the first time in the Kingdom’s history, non-oil activities accounted for 56 percent of GDP, which exceeded 4.5 trillion riyals.”
He added: “All of this and other achievements have made the Kingdom a global hub attracting various activities. The choice of 660 international companies to establish their regional headquarters in the Kingdom—surpassing the target set for 2030—reflects the progress in infrastructure and the level of technological services, confirming the strength and bright future prospects of the Saudi economy.”
