Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas. Al-Bilad newspaper reported in its editorial that in the coming a few days, the Kingdom of Saudi Arabia will host leaders and Presidents of countries of the world and their representatives and participants in the Saudi Green Initiative (SGI) and the Green Middle East Initiative Summit (MGI). Hosting of such important events reflect Saudi Arabia's pioneering role in preserving the climate and supporting the international community efforts in confronting the main challenges related to the environment, the paper said. The two initiatives, announced by HRH Crown Prince Mohammed bin Salman, enhance the efforts being exerted by Saudi Arabia in preserving the planet and nature, along with strongly contributing to achieving global goals, the paper added. In line with goals of Saudi Arabia's vision 2030, the two initiatives would enhance environmental efforts in confronting high temperatures, dust waves, desertification and low rainfall, in addition to strengthening the public health and upgrading the quality of life for citizens and residents, the paper concluded. In other context, Okaz newspaper reported in its editorial that the high market value of Saudi banks, which amounted to one trillion riyals, confirmed that the Saudi economy continues its growth, achieving the goals of Vision 2030. The strength of Saudi banks was reflected on the local stock market, reaching its highest levels in 15 years, specifically since the great collapse that occurred in 2006, with rising the stocks of some banks to their highest levels in their history, the paper said. The high market value of banks and their high profits confirm that Saudi Arabia continues its economic growth, which effectively contributed to attract the local and foreign investors, the paper added.
