Half a million pay tributes to Prince Saud on Twitter

Updated 14 July 2015
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Half a million pay tributes to Prince Saud on Twitter

JEDDAH: The hashtag (#Saud_Faisal) led the Twitter website with more than 500,000 tweets a few hours after the announcement of his death.

A large number of politicians, celebrities and journalists commemorated Prince Saud Al-Faisal. Minister of Foreign Affairs Adel Al-Jubeir beseeched God to have mercy on the soul of the prince who will be missed by the Arab and Islamic nation. Bahraini Foreign Minister Khaled bin Ahmad described his death as a great loss to the nation.
At the local level Princess Haifa bint Abdulaziz said Prince Saud was respected even in his death. Fahad Al-Orabi Al-Harithi said: “Saddam Hussein ... didn’t hesitate to say ‘I have never known anyone as clever as Saud Al-Faisal; he made the world stand by me during my war against Iran, and against me when I entered Kuwait'."
Mohammad Al-Areefi prayed for the soul of Saud Al-Faisal. Yasir Al-Qahtani, the football player, commiserated with the nation over the loss of the prince.
Kuwaiti writer Sadiya Mefreh consoled the Saudi and Arab nations for the death of the Prince Saud, saying he was a pillar of Arab diplomacy.
Egyptian journalist Emad Al-Din Adeeb said he was the cleverest man he had ever met, while Ayman Sayyad said Al-Faisal spent 40 years in diplomacy and history; he lived through Camp David, the occupation of Kuwait and the fall of Baghdad then the Arab Spring.


Green light for crown prince-led Saudi privatization program

Updated 25 April 2018
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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.