Mohammad hails vision

His Highness Shaikh Mohammad Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has said the ambitious economic vision of Saudi Arabia makes it a key player in shaping the future of the global economy.

Shaikh Mohammad also praised the vision of the Custodian of the Two Holy Mosques, King Salman

Bin Abdul Aziz, to boost international cooperation and constructive dialogue to support development efforts regionally and globally.

Shaikh Mohammad’s remarks came as he attended the second day of Saudi Arabia’s Future Investment Initiative (FII) 2018. He expressed his appreciation for the organisation of the FII and the topics discussed at the event. He also praised the 150-strong Emirati delegation attending the event which included ministers, senior business executives and investors. He also attended the special session of Crown Prince Mohammad Bin Salman, which brought together Bahraini Crown Prince Salman Bin Hamad Al Khalifa and Lebanese Prime Minister Sa’ad Hariri.

The Saudi Crown Prince praised the unique development journey of the UAE, including the unique development projects initiated by Shaikh Mohammad, who made Dubai a model of economic diversification.

Mohammad Bin Salman also praised the economic development taking place in the Arab world including the mega projects in Kuwait, Bahrain, Oman, Egypt, Lebanon and Jordan. He expressed his confidence in the region’s growth potential.

Meanwhile, Bahrain Crown Prince Salman Bin Hamad thanked the UAE, Saudi Arabia and Kuwait for supporting Bahrain in negotiating the challenges it faced recently. He also highlighted the various economic projects Bahrain has launched to boost and diversify its economy, adding that the country’s non-oil revenue grew 5 per cent last year. Lebanon’s Hariri discussed the economic reform journey of his country, which involves a review of legislation with the aim of curbing corruption in the country.