The Riyadh Forum is taking place at a historic time for the Kingdom, where the country is witnessing the beginning of a new phase characterized by a significant recovery following the economic reform initiatives launched by the custodian of the Two Holy Mosques King Abdullah bin Abdul Aziz, which coincided with the significant improvement in oil revenues, and the kingdom's accession to the World Trade Organization | This forum aims to support the state in economic restructuring and sustainable economic development to achieve growth rates that bring prosperity to citizens |
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The most important feature of this forum is the scientific approach in the studies presented and the accuracy of the results and recommendations, as well as the use of the method of participation in dealing with its topics by surveying the views of government officials and businessmen, and the use of accuracy and objectivity in presentation and self-criticism, including business criticism of themselves in pursuit of the real causes of the problems facing the national economy |
In these circumstances, I believe that the Riyadh Economic Forum represents a valuable opportunity for business leaders and sector officials to come together, providing a golden opportunity for dialogue and exchange of ideas about the opportunities and challenges involved in the new phase.
25The Economic Forum has contributed to the participation in the research and sessions of its work a distinguished selection of consulting offices, academic researchers and businessmen | Hashim Abdullah Yamani - Minister of Trade and Industry former At the Riyadh Forum, economic decision makers in the Kingdom are exchanging discussions with Saudi investors on establishing partnership between the government and private sectors, and the success of these discussions reinforces the government sector's understanding of new economic variables and the maturity of the private sector |
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Also highlighting the importance of the Forum and the discussions it will present for discussion and discussion, its topics will certainly be exposed to how to ensure the sustainability of development in the Kingdom | Abdullah bin Saleh bin Juma, President of Aramco formerly Through the Riyadh Economic Forum, economists and decision makers participate in a comprehensive restructuring of the Saudi economy, identifying obstacles to domestic and foreign investment, and the mechanism for developing government finance institutions |
The Riyadh Economic Forum derives its importance from several key elements, namely, the large participation of various regions and sectors of the Kingdom, its objectives, mechanisms, the level of official care, government participation, axes and working papers resulting from efforts and studies, which have been co-authored for two years by pioneers of vital sectors.