-
Saudi Crown Prince: 2020 will be ‘the year of achievement’ for Saudi Arabia, UAE

Saudi Arabia’s Crown Prince Mohammed bin Salman said on Thursday 2020 will be “the year of achievement” for Saudi Arabia and the UAE, according to the Saudi Press Agency (SPA).
“The year 2020 is the year of achievement for both countries…Saudi Arabia's presidency of the G20 in 2020, and the UAE’s hosting of the Expo 2020, are the best proof of what both countries have,” the Crown Prince said during the second meeting of the Saudi-UAE Coordination Council in Abu Dhabi, which he co-chaired with Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohammed bin Zayed Al Nahyan.
During the meeting Saudi Arabia invited the UAE as a guest at the 2020 summit.
The Crown Prince said the Saudi Arabian-UAE joint economy can work towards, and seeks to be, one of the top ten economies in the world and one of the top ten financial markets in the world.
“We can work together to become one of the top 10 economies in the world, as foreign investments currently exceed $250 billion in various economic sectors… Our financial markets exceed $720 billion, and we seek to be one of the top ten financial markets in the world,” the Crown Prince said, adding the Saudi-UAE integration not only benefits the two countries, but also the Gulf Cooperation Council (GCC).
Sheikh Mohammed bin Zayed stressed the strength of Saudi-UAE relations, citing twenty common areas of development in fields such as economy and security.
A number of bilateral agreements were exchanged between the two governments including memorandums of cooperation in the fields of health, culture, and food security.
Among the initiatives discussed were cooperation in cybersecurity, a joint tourist visa initiative, and a Saudi-Emirati Youth Council initiative.
Al Arabiya English
You May Also Like
Popular Posts
Caricature
BENEFIT Sponsors BuildHer...
- April 23, 2025
BENEFIT, the Kingdom’s innovator and leading company in Fintech and electronic financial transactions service, has sponsored the BuildHer CityHack 2025 Hackathon, a two-day event spearheaded by the College of Engineering and Technology at the Royal University for Women (RUW).
Aimed at secondary school students, the event brought together a distinguished group of academic professionals and technology experts to mentor and inspire young participants.
More than 100 high school students from across the Kingdom of Bahrain took part in the hackathon, which featured an intensive programme of training workshops and hands-on sessions. These activities were tailored to enhance participants’ critical thinking, collaborative problem-solving, and team-building capabilities, while also encouraging the development of practical and sustainable solutions to contemporary challenges using modern technological tools.
BENEFIT’s Chief Executive Mr. Abdulwahed AlJanahi, commented: “Our support for this educational hackathon reflects our long-term strategic vision to nurture the talents of emerging national youth and empower the next generation of accomplished female leaders in technology. By fostering creativity and innovation, we aim to contribute meaningfully to Bahrain’s comprehensive development goals and align with the aspirations outlined in the Kingdom’s Vision 2030—an ambition in which BENEFIT plays a central role.”
Professor Riyadh Yousif Hamzah, President of the Royal University for Women, commented: “This initiative reflects our commitment to advancing women in STEM fields. We're cultivating a generation of creative, solution-driven female leaders who will drive national development. Our partnership with BENEFIT exemplifies the powerful synergy between academia and private sector in supporting educational innovation.”
Hanan Abdulla Hasan, Senior Manager, PR & Communication at BENEFIT, said: “We are honoured to collaborate with RUW in supporting this remarkable technology-focused event. It highlights our commitment to social responsibility, and our ongoing efforts to enhance the digital and innovation capabilities of young Bahraini women and foster their ability to harness technological tools in the service of a smarter, more sustainable future.”
For his part, Dr. Humam ElAgha, Acting Dean of the College of Engineering and Technology at the University, said: “BuildHer CityHack 2025 embodies our hands-on approach to education. By tackling real-world problems through creative thinking and sustainable solutions, we're preparing women to thrive in the knowledge economy – a cornerstone of the University's vision.”
opinion
Report
ads
Newsletter
Subscribe to our mailing list to get the new updates!