Abdullah Al-Alami*
August 20, 2025
Riyadh, Saudi Arabia
Riyadh recently announced its plan to build projects with a total cost of more than one billion Saudi Riyals (266,475,000 US Dollars) to achieve the Kingdom's ambitious goals, including 314 facilities benefiting 188,000 students. These projects are part of the Kingdom's efforts to improve education, increase the number of schools, and ensure equal opportunities for all segments of society.
I should add that the Saudi economy plays an important role
in facing challenges and enhancing the quality of life for all its citizens. One
of the Kingdom's most prominent goals is to increase the private sector's
contributions to the Gross Domestic Product from 40% to 65%. This
is more than a numerical goal; it is a comprehensive project to build a
balanced economy through state-society partnerships with the support of
national talent.
There is also strong support for cultural and artistic
cooperation with countries around the world. The Saudi Music Commission is organizing
a concert titled "Marvels of Saudi Orchestra" at the Palace of
Versailles in Paris on September 5th, where it will perform pieces
showcasing the Kingdom's cultural heritage. A joint musical segment will also
blend Saudi and French traditions that highlight the beauty of the cultural
diversity of local music, such as "Al-Majrour", "Al-Rafhi",
"Al-Khatwa", and "Al-Khubaiti".
Among other important projects is the preparation for the Entrepreneurship
World Cup 2025 in Saudi Arabia. The number of entries has doubled to more than
10,000 projects submitted by 169 countries. The international jury, including
experts in innovation and investment, will select the top 100 programs to be
presented to major global investors in Riyadh.
In short, Saudi Arabia is committed to investing in building
a prosperous future. There is no doubt that the private sector is a key partner
in this process and a vital pillar for enhancing competitiveness, generating
job opportunities, establishing new companies, and providing incentives to
attract investments. The message is clear; Riyadh seeks to build more bridges with
friendly countries, affirming the Kingdom's position as an effective driver for
embracing innovators and adopting creative projects.
*Saudi writer
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