RIYADH: The UAE Embassy in Riyadh launched a live discussion, “Prospects for Cooperation and Economic Integration between the UAE and the Kingdom of Saudi Arabia,” Emirates News Agency reported.
The session, which was moderated by Mohammed Al-Qahtani, head of the commercial affairs department at the UAE Embassy, included a discussion on bilateral relations, Vision 2030, national economic growth, and the link between a knowledge-based economy and development.
Participants contemplated the political and economic implications of emerging global issues for the UAE and Saudi Arabia, as well as the impact on regional economic growth.
During the discussion, UAE Ambassador to Saudi Arabia Sheikh Nahyan bin Saif Al-Nahyan emphasized the strength of the countries’ strategic relations, built on solid foundations and bolstered by their leaders.
The ambassador emphasized the importance of enhancing integration between the two countries, stating that UAE-Saudi relations represented an exceptional model of cooperation and solidarity. He praised the Kingdom’s development and growth under King Salman and Crown Prince Mohammed bin Salman’s leadership.
Salman bin Muhammad Olayan, member of the Saudi-Emirati Joint Business Council, president of the Olayan Group for Commercial Investment, and founder of Jawab Center, emphasized the importance of boosting cooperation between the region’s two largest economies.
He discussed the business council’s activities and called for the formation of a development committee.
Olayan said that Vision 2030 would increase prosperity throughout the region, and that human capital, not physical resources, was the primary driver of national development.
