Riyadh– Saudi press editorially addressed today a number of local, regional and international issues.
In their headlines and subtitles, they highlighted Eid Al-Fitr greetings and congratulations exchanged between the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz, Crown Prince, Deputy Prime Minister and Minister of Defense, on one hand and a host of Muslim and Arab leaders as well as senior officials and their counterparts in other sister countries. Governors and senior officials also received worshippers congratulating them on the blessed event, the papers pointed out.
In its editorial under the theme รก safe and secure country’, Arriyadh cast light on Saudi Arabia’s remaining the most secure country amid current tensions engulfing the world, particularly between Russia and the west, seen by observers as a serious warning of a third world war.
The paper cited that the Kingdom of Saudi Arabia has more than once escaped such regional security dangers, thanks to the wisdom of its leadership on one hand and its economic leverage and moderate positions on the other.
Arriyadh said that amid current political and economic tensions, partly caused by a sharp rise of oil prices, leading countries of the world are begging the help of the Kingdom.
The paper said the Kingdom succeeded to emerge intact and safe out of a series of challenges and dangers, citing its fight of terrorism, showing steadfast before some regional rouge leaders, conquering the coronavirus pandemic, fighting a fair war to support Yemeni people and staging an unprecedented relief and humanitarian campaign to help the needy in that country.
On its part, Al-eqtisadiya ( the economist) highlighted the great economic epic amid the recent and current challenges, particularly the coronavirus pandemic and the Russian-Ukraine crisis.
The paper said Saudi Arabia’s gross domestic product has achieved a great leap, the best and fastest in eleven years, scording 9.6 percent in the first quarter of this year, the fourth in a row following a recess due to the pandemic repercussions while a number of leading economic countries still suffering.
The paper quoted official sources as forcasting that the economic growth will reach 7.4 percent this year, while the IMFexpects it will jump to a 7.6 percent.
It added that the domestic product of the oil sector grew to 20.4 percent in the first quarter of this year, thanks to production and price increases. Non-oil sector also hiked with a 3.7 percent jump, the paper said, adding that the private sector also achieved a positive growth of 4.9 percent in the fourth quarter of last year while the real domestic product scored a 6.2 percent increase in the same year compared to the previous year.
The paper cast light on the impact of ‘Partner Program’ launched by HRH the Crown Prince Mohammed bin Salman nearly one year ago with the private sector designed to help domestic enterprises.
The paper expected that the Saudi economy will hit more leaps, due to diversification of revenues and increase of flexibility and thanks to the great confidence the Saudi economy is gaining in the international arena.
Source: Saudi Press Agency