Gulf News , Monday, Jan 11, 2021 | Jamadi Al Awwal 27, 1442
Saudi Press: THE LINE is 1st of its Kind Worldwide
Al-Riyadh newspaper reported in its editorial that the Kingdom of Saudi Arabia has always been in a position of leadership in everything, as it is no longer surprising that Saudi Arabia’s continuation of achievements put our country in the ranks of developed countries.
The newspaper added that His Royal Highness Prince Mohammed bin Salman bin Abdulaziz announcement of THE LINE, a revolution in urban living at NEOM, brings the future into the present, with all of its technologies. This thing makes THE LINE unique since its establishment will start from scratch and will be completed with the most sophisticated means of integrated technology along with a clean environment.
THE LINE is the first of its kind in the world, which makes Saudi Arabia at the forefront of leadership and affirms that Vision 2030 is not just a dream but rather a reality that writes a new history, the newspaper added.
The Kingdom of Saudi Arabia’s goal is a permanent leadership in various fields, the newspaper concluded.
In another context, Al-Eqtisadiah newspaper reported in its editorial that Saudi Arabia has placed, as a part of its plans for economic development and construction, foreign investments as a main focus and Vision 2030 has paid particular attention to this field. Even in light of the global economic tension resulting from the Coronavirus, the percentage of foreign investment in the Kingdom jumped, as the foreign investment in the 3Q of 2020 increased by 2%.
The Kingdom of Saudi Arabia addressed the Coronavirus pandemic with the highest standards and was able to reduce its damages. The increase in the volume of foreign investments in 3Q of 2020 reached more than SAR 17 billion, while the total of these investments reached nearly SAR 900 billion, the newspaper added.
The newspaper added that the increase in foreign investments in the Kingdom of Saudi Arabia represents the most important fact which is the confidence that international investment bodies place in the Saudi economy.
The newspaper concluded that this rise confirms once again the solidity and flexibility of national economic policies.