Expo 2030 Riyadh registration dossier receives final BIE approval in Paris    Ministry of Hajj suspends 7 Umrah companies over transport violations    Al-Daqal Castle: A timeless sentinel in the mountains of Abha    Saudi Arabia participates in CERF advisory group meeting in Geneva    Riyadh ranks 23, up 60 places, among top 100 emerging startup ecosystems globally    Mobile Festival across Riyadh features Dar wa Emaar's annual Eid Al Adha celebration The mobile festival reinforces the company's commitment to building vibrant communities and enhancing quality of life beyond unit delivery.    Iran launches fresh missile attack on Israel as conflict enters fifth day    15 killed in worst Russian strikes on Kyiv in almost a year    Trump hints at major Israeli offensive, urges all of Tehran to evacuate 'immediately'    Jeddah Astronomy reports solar flare triggering geomagnetic storm    California doctor to plead guilty to supplying Matthew Perry with ketamine    Culture Ministry to present second edition of 'Terhal' performance in Diriyah this August    Saudi Arabia beat Haiti 1-0 to open 2025 Gold Cup campaign    Smart applications transform visitor experience and accelerate digital transformation in Saudi tourism    Riyadh residents to receive alerts on nearby infrastructure work    Saudi Arabia miss World Cup spot after Australia defeat, head to Asian playoff    Al Hilal president: No new signings for Club World Cup due to inflated demands    New York Gallery showcases AlUla Heritage sketches by French architect Heim    Saudi Arabia face uphill task against Australia in World Cup qualifier    Cowboy Beyoncé dazzles nearly sold-out stadium    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Veteran Bollywood actor Manoj Kumar dies at 87    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Al-Naimi: Saudi Arabia will continue to be a stable supplier of crude oil to world markets for many decades 4 London

arching message here today: Saudi Arabia will continue to be a stable supplier of crude oil to world markets for many decades. We are continually investing in our oil and gas industry, as exemplified by our investment to increase production at our Manifa oil field. We are also making great strides towards diversifying our economy away from its over-reliance on fossil fuels. We are investing in our young people. We are giving them the opportunities they want to play an important part in the future economic prosperity and growth of our nation. We are taking unprecedented steps to ensure greater energy efficiency and we are investing in renewable sources of energy, particularly solar.
Ladies and gentlemen, the modern state of Saudi Arabia was founded in 1932, only a few years before I was born. At that point it was one of the poorest nations in the world. Today it is a member of the G20. Saudi Arabia has come a long way in a short space of time and is moving forward at a remarkable pace.
In this time of dynamic change, in the region, the world and the oil industry, Saudi Arabia is committed to fulfilling its international role. And it will continue to play its part by providing the energy required to fuel prosperity in the region and the world.
I would like to conclude by quoting that great British leader Winston Churchill, who was buried in a state funeral 47 years ago on this day, because it sums up my view. He said: "A pessimist sees the difficulty in every opportunity; an optimist sees the opportunity in every difficulty."
Ladies and gentlemen, I am an optimist. I say again that there is a great spirit of dynamism sweeping across Saudi Arabia. And I am sure that this will be a dynamic decade of growth in the region. Of course the world will face many difficulties and challenges over the coming year, but I am confident that, through dialogue, partnership and trust, they can be overcome. And finally, I am sure that together, we can create a lasting legacy of prosperity for the people of Saudi Arabia, the region and the world."


Clic here to read the story from its source.