Prince Mohammed bin Salman bin Abdulaziz Al Saud, Saudi Crown Prince and Prime Minister, reiterated on Wednesday the Kingdom’s categorical rejection and condemnation of the Israeli attacks on the region, the latest of which was the “heinous” assault on Qatar.
Riyadh is deploying all of its capabilities as it stands by Qatar and the measures its takes to protect its security and stability, Crown Prince Mohammed said during the annual royal speech, marking the opening of the second year of the Shura Council’s ninth session.
He highlighted the Arab Peace initiative that was launched by the Kingdom in 2002. It was activated on an unprecedented international scale by advocating for the implementation of the two-state solution, which remains the sole means to establish an independent Palestinian state.
Saudi Arabia’s efforts have led more countries to recognize the State of Palestine, he declared. Its co-chairing of the Conference on the Peaceful Settlement of the Question of Palestine and the Implementation of the Two-State Solution in New York in July has garnered unprecedented international support for the initiative.
He expressed his gratitude to regional and international partners for their valuable humanitarian contributions.
Moreover, Crown Prince Mohammed declared that for three centuries, the Saudi state has been built on firm principles based on Islamic Sharia, justice and shura.
“We are proud of this blessed approach and God Almighty has blessed us in serving the Two Holy Mosques. This is a responsibility we handle with utmost attention and care and we are dedicating all of our capabilities towards it,” he added.
He said the Saudi economy was forging ahead in its diversification and is weaning itself off its reliance on oil. For the first time in its history, non-oil activities made up 56 percent of its GDP.
“This and other achievements have made Saudi Arabia a global hub that attracts different activities. Six hundred global companies choosing the Kingdom as their regional headquarters is a testament to its position,” he stressed, saying that the figure went above the Vision 2030 target.
He noted the strength of Saudi Arabia’s infrastructure and technical services, which underscore the strength of its economy and the broad horizons ahead of it.
