Saudi Arabia is pursuing an ambitious vision for continued economic and social progress through bold reforms and resilient institutions, as highlighted in recent remarks.

On September 10, Crown Prince Mohammed bin Salman, representing King Salman, inaugurated the ninth session of the Shoura Council, reaffirming the kingdom's commitment to Islamic principles, justice, and consultation.

The kingdom has achieved record low unemployment, increased female labor participation, and reduced low-income households, reflecting significant social and economic advancements.

Saudi Arabia has attracted 660 international companies to establish regional headquarters, surpassing the Vision 2030 target of 500, demonstrating growing investor confidence.

Economic transformation is evident as non-oil sectors now make up 56 percent of GDP, exceeding SR4.5 trillion ($1.2 trillion), marking a major milestone in diversification efforts.

Future-oriented sectors like artificial intelligence are prioritized, with the kingdom aiming to become a global hub for innovation and technology, aligning with Vision 2030.

The Crown Prince acknowledged housing affordability issues caused by rising real estate prices and announced targeted policies to reduce costs and expand affordable housing options.

He emphasized the resilience of Saudi institutions in managing economic shocks and stressed the importance of aligning public spending with national priorities to improve citizens' quality of life.

Progress in industrial capacity is evident as local military industry content has increased from under 2 percent to over 19 percent, enhancing strategic sovereignty.