Saudi Crown Prince Mohammad Bin Salman’s successful visit to US can be called truly historical. If we review the character of the meetings and the route of his long trip, we can understand why it can be called historical. Historical not only for Saudi Arabia, but also for the whole Gulf region and the Arab world.
This year it will be 80 years since the oil production began in Saudi Arabia in 1938. It is notable that the anniversary of the first oil-production coincides with the efforts of Saudi Arabia to shift away from oil dependency, diversify its economy and leapfrog into the era of high technology.
If you look at the kind of businessmen Mohammad Bin Salman chose to meet with during his trip, you will find that the majority of them are not representatives of old banks, oil companies and metallurgical giants, but businesspersons from high-tech industry, people that have built their billion-dollar businesses from scratch. The Prince understands that the future will be driven by high-tech and it will be the creative people who will drive this technolgy. We live in a world where a portal selling various goods can be more profitable than a large factory and respectively can cost more.
If you look at the kind of businessmen Mohammad Bin Salman chose to meet with during his trip, you will find that the majority of them are not representatives of old banks, oil companies and metallurgical giants, but businesspersons from high-tech industry, people that have built their billion-dollar businesses from scratchAli Hajizade
For decades, the Kingdom lived according to social and cultural norms that went unchallenged, thus inhibiting our progress. But our leaders have set a new course that aims to transform our economy and society, and unlock our untapped potential.”
I think these words express the mood of the Prince and his team. I want to stress that such a mood is typical not only for the Prince’s team, but also for many Saudis I was privileged to meet with, during my visit to Riyadh earlier this year.
Epochal reforms in Saudi Arabia in the area of women’s rights and their involvement in the social life, changes in business world can now already be called historical achievements of Saudi Arabia. However, Prince Mohammad Bin Salman and King Salman bin Abdul Aziz do not intend to stop there.
One of the main plans of the Prince-reformer is the implementation of ‘Vision 2030’ plan. In case of successful implementation of this plan, we will witness an enormous positive shift for Saudi Arabia and this shift will affect almost all fields of activity in the Kingdom, including Saudi society.
Such epochal changes in the country, of course, will have a positive effect on the region and the completely Arab world.