- Saudi Crown Prince Mohammed Bin Salman termed the Middle East as New Europe.
- He says that he wants to see the Economic Transformation of the region.
- He Praises Sheikh Mohammed Bin Rashid who is the ruler of Dubai for his efforts.
A future Investment Initiative Conference was held in Riyadh which was attended by The Crown Prince of Saudi Arabia Mohammed Bin Salman along with Lebanese Prime Minister Saad Hariri and Crown Prince of Bahrain Salman Bin Hamad Al-Khalifa.
Middle East could be the new Europe: Mohammed Bin Salman
During the Conference, Crown Prince Mohammed Bin Salman says that he wants to see the Economic Transformation of the region and says that within 5 years the Kingdom will be different.
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He further said that he wants to restore the Middle East to its past prestige. He termed the Middle East as New Europe. The economic and social reforms are given more Importance in Saudi Arabia’s 2030 plan.
The prince says that if they succeed in the upcoming 5 years then other countries will join them, Qatar has a strong Economy and within these five years, it will be completely different.
The crown Prince says that Saudi Arabia has taken steps to develop its Economy. The non-oil revenues have tripled, says the prince. The 2030 plan will further lead the economy to grow by 2.5% this year and will improve next year.
The prince says that efforts are going on, projects are going on and Efforts are taken to fight terror, to build infrastructure. An increase in the prices of Crude Oil and the growth of the non-oil economy led Saudi Arabia’s economy to grow.
Saudi Crown Prince praised Sheikh Mohammed Bin Rashed who is the ruler of Dubai and said that he set a standard for Middle East Societies.
The Lebanese Prime Minister said that they want to form a government that will fulfill the requirements of the people