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Saudi Arabia 2023: Year of Unprecedented Success, Achievements

Leadership, Visionary Support

Saudi Arabia concluded 2023, achieving many of its goals ahead of schedule, thanks to God. These achievements, which are difficult to count and track, underscore the wisdom of the Kingdom’s leadership.

This is clear in the dedication of their officials and the people’s ambitions which align with the remarkable progress of Vision 2030, according to SABQ Online Newspaper.

Leadership, Visionary Support

This vision is supported by the Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, and his Crown Prince, the vision’s architect and the Prime Minister, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz.

Summarizing the Kingdom’s 2023 Achievements

Summarizing Saudi Arabia’s accomplishments in 2023 is a complex task. However, the Crown Prince, speaking for the Custodian of the Two Holy Mosques at the Shura Council inauguration, emphasized the nation’s development under Vision 2030.

Consequently, this vision focuses on continuous progress and improving citizens’ lives while adhering to Islamic principles and national traditions.

Saudi Arabia.. More than 60 Events Indicating a Shift in Expectations:

 

  • Regional and International Presence: Saudi Arabia has enhanced its standing on both regional and international platforms by hosting significant summits like the Riyadh Arab-Chinese Summit. The Kingdom also hosted the Arab League Summit in Jeddah, and the Saudi-African Summit.
  • Diplomatic Outreach: Initially, the Crown Prince of Saudi Arabia actively engaged in diplomacy by paying visits to allied and friendly countries.
  • Role in the Gulf Cooperation Council: Subsequently, the Kingdom played a strategic role within the Gulf Cooperation Council, as demonstrated by its involvement in the 43rd Gulf Summit.
  • Support in the Arab World: Furthermore, Saudi Arabia supported unity and cooperation in the Arab world, aiding in political solutions for regional conflicts like those in Yemen, Sudan, and Syria.
  • Support for Islamic Causes: Additionally, as the custodian of the Two Holy Mosques, Saudi Arabia took significant steps in serving Islamic interests and defending Muslim causes globally.
  • Global Foreign Policy: Finally, the Kingdom pursued a balanced and wise foreign policy, establishing stable relations with various nations and acting as a mediator in international disputes, including those involving Sudan, Russia, and Ukraine.

Humanitarian Efforts

 

  • Saudi Arabia emerged as a leading donor nation, particularly in providing aid to low and middle-income countries.
  • Combating Extremism: The Kingdom continued its efforts to combat extremism and terrorism, promoting peaceful coexistence worldwide.
  • Promoting Peace: The Kingdom welcomed China’s mediation efforts to restore relations with Iran, showing its commitment to international peace.
  • Arab-Islamic Leadership: Saudi Arabia led initiatives to end hostilities in Gaza and other regions, showcasing its leadership in the Arab-Islamic world.
  • BRICS Recognition: The Kingdom received an invitation to join the BRICS group, recognizing its global significance.
  • National Flag Day: March 11th was established as National Flag Day to honor the Saudi flag.
  • Hosting Global Summits: The Kingdom successfully organized three major global summits.
  • Sustainable Development: It made significant progress in more than half of the United Nations’ sustainable development goals.

Saudi Arabia, Economic Security

  • Economic Security: Initially, the Kingdom emerged as a pivotal player in global economic security and investment.
  • Economic Growth: Moreover, Saudi Arabia recorded the fastest economic growth among G20 nations.
  • Financial Market Development: Additionally, the partial privatization of Aramco shares marked a key development in financial markets.
  • Expo 2030 Hosting: Significantly, the Gulf state hosted Expo 2030 was a major achievement in 2023.
  • Logistics Centers: Consequently, KSA launched a master plan for logistic centers aimed to enhance local economic diversification.
  • Major Projects: The Kingdom established significant projects like the New Square Project, Soudah Peaks, and four special economic zones.
  • Logistics Performance: Furthermore, Saudi Arabia made a significant leap in the World Bank’s Logistic Performance Index.
  • Credit Rating: In terms of credit, Moody’s assigned Saudi Arabia an A1 rating with a positive outlook.
  • Digital Competitiveness: In the digital realm, the Kingdom ranked second in digital competitiveness among G20 countries.
  • Business Legislation Reforms: In the area of legislation, KSA achieved third place among G20 countries for improvements in business legislation.
  • National Industrial Strategy: Focusing on the future, KSA launched a strategy to attract industrial investments.
  • International Initiatives: Lastly, Saudi Arabia signed a memorandum of understanding for a new economic corridor linking India with the Middle East.

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