Sustainability the watchword for Riyadh Economic Forum

Updated 07 July 2019

Sustainability the watchword for Riyadh Economic Forum

  • Panel discussion focused on a study detailing the role of balanced economic development

RIYADH: The Riyadh Economic Forum held a panel discussion on a study detailing the role of balanced economic development in “Reverse Migration and Sustainable and Comprehensive Development in the Kingdom” at the chamber’s headquarters on Saturday. 

The head of the team supervising the study, Dr. Rushud Al-Kharif, explained that it aimed to identify the obstacles that prevent the achievement of balanced displacement rates of young workers from small towns to big cities.

It also aimed to improve the quality of life in smaller urban centers through an analytical survey of different regions, based on the comparative advantage of each region and determining their industrial and service resources.

He added that the importance of the study stemmed from addressing the problem of migration, resulting from imbalanced development, due to the large size of the Kingdom.

He also pointed out that because of this issue, cities expanded vertically and horizontally at a faster rate than at any previous time in the history of Saudi Arabia in light of population increases, putting pressure on services and resulting in social and security problems.

The seminar provoked lively discussion regarding the study and how to reach effective solutions.

The chairman of the board of trustees of the Riyadh Economic Forum, Hamad Al-Shuaieer, stressed that the “effects of reverse migration, and plans to achieve balanced development between big and small cities,” was an important guide for the future of the Kingdom as it seeks to diversify its economy away from over-dependence on oil in line with Vision 2030.

 


King Salman congratulates nation on Saudi National Day

Updated 23 September 2020

King Salman congratulates nation on Saudi National Day

  • As part of a tweet to congratulate the nation, the king said that he is looking forward to a “more beautiful” future
  • Earlier, the King addressed the 75th UN General Assembly

RIYADH: King Salman expressed his pride in the Kingdom and its loyal citizens as Saudi Arabia marked its 90th National Day.
As part of a tweet to congratulate the Saudi nation, the king said that he is looking forward to a “more beautiful” future.
He also thanked God for security and stability in the Kingdom.
Earlier, the King addressed the 75th UN General Assembly where he said that the Kingdom has chosen the “path of the future” through its Vision 2030 and called for peaceful coexistence and solidarity between countries.