Crown prince receives two messages from Turkish president

Updated 20 November 2012
0

Crown prince receives two messages from Turkish president

Riyadh: Crown Prince Salman bin Abdulaziz Al Saud, Deputy Premier and Minister of Defense received two messages for the Custodian of the Two Holy Mosques, King Abdullah bin Abdulaziz Al Saud and for him (the Crown Prince) from Turkish President Abdullah Gul.
The messages were delivered to the Crown Prince during his audience here today with the Commander of Turkish Army and Chief of General Staff General Necdet Ozal and his accompanying delegation.
During the meeting, General Ozal expressed his congratulations to the King on the successful surgery which he has undergone, wishing the King constant good health and quick medical recovery.
For his part, the Crown Prince expressed his thanks to and appreciation of General Ozal for his noble feelings.
In implementation of the order of the Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud, the Supreme Commander of All Armed Forces, the Crown Prince decorated General Ozal with King Abdulaziz Medal of Excellent Rank in recognition of his outstanding efforts in strengthening the relationships of friendship and joint cooperation between the two countries.
During the meeting, they discussed the bilateral relations between the two countries, especially in the military field.
The audience was attended by Prince Khalid bin Sultan bin Abdulaziz, Deputy Minister of Defense; Prince Mohammed bin Salman bin Abdulaziz, Special Adviser and Supervisor of the Office and Special Affairs of the Crown Prince; Chief of General Staff General Hussein bin Abdullah Al-Qabil; Director General of the Office of Minister of Defense Lt. Gen. Abdulrahman bin Saleh Al-Bunyan; and Saudi Military Attachأ© in Turkey Rear Admiral Mohammed bin Hamad Al-Shehail.
--SPA


Green light for crown prince-led Saudi privatization program

Updated 25 April 2018
0

Green light for crown prince-led Saudi privatization program

  • The Privatization Program is one of 12 key elements of the Saudi Arabia’s Vision 2030
  • The program is aimed at increasing job opportunities for Saudi nationals

RIYADH: Saudi Arabia’s Council of Economic and Development Affairs on Tuesday approved the Privatization Program that is one of 12 key elements of the Kingdom’s Vision 2030. 

The program is aimed at increasing job opportunities for Saudi nationals, attracting the latest technologies and innovations, and supporting economic development.

It encourages both local and foreign investment in order to enhance the role of the private sector, with government entities adopting a regulatory and supervisory role. The aim is to increase the private sector’s contribution to GDP from 40 percent to 65 percent by 2030. 

The program will aim to reach its objectives through encouraging the private sector to invest in establishing new schools, universities and health centers, while the government pursues its organizational and supervisory role in health and education.

The privatization program aims to benefit from previous success stories, with the private sector’s collaboration in the development of infrastructure, and its involvement on a large scale in sectors such as energy, water, transport, telecommunications, petrochemicals and finance.

The program sets out a series of objectives in three areas: Developing a general legal framework for policies related to privatization; establishing organizational foundations and dedicated institutions to execute the policies; and setting a timescale for their delivery. 

The Council of Economic and Development Affairs is headed by Crown Prince Mohammed bin Salman.