Statement by His Excellency the Minister of Commerce Sheikh Mohammed Abdullah Reda
Nations take pride in their glorious, immortal days—those milestones in their history which they commemorate each year as national occasions.
There is no doubt that the day His Majesty the King ascended the throne of this country is one of the most momentous days in the history of the Arabian Peninsula. From the moment His Majesty assumed the reins of authority, he inaugurated his radiant reign with wide‑ranging reforms, advanced the country’s institutions, and led them forward—steadily and swiftly—toward a distinguished and worthy position. Thus, the nation prospered under his wise leadership and enjoyed security under his protection.
It is a blessing of fortune that His Majesty—may God preserve him—follows in all aspects of his life the sound political principles laid down by his great father, may God envelop him in mercy and satisfaction.
The noble deeds and vast projects that are realized and shine forth each day stand as living testimony to His Majesty’s strong and sincere resolve, and to the dynamic, ambitious spirit with which he is endowed. Only recently, His Majesty inaugurated the historic expansion of the Prophet’s Mosque—an achievement that stands as a crowning glory of his flourishing era. And each day, the airwaves bring joyful news of great and beneficial projects. No sooner is one project completed than we are surprised by announcements of others—greater in benefit and deeper in impact.
His generous hand has reached every aspect of life and every sector of the state—care, development, and prosperity have spread across the Kingdom. The nation now proudly displays its progress in all fields: defense and aviation, commerce and industry, agriculture and living standards, public security and transportation, finance and economy, health and urban development.
Moreover, the bonds of friendship His Majesty has built among Muslim nations, and the noble direction in which he has guided the Arabs, could only be achieved by a leader of Saud’s genius, sound judgment, and penetrating vision.
Among the clearest proofs of his far‑sighted and prudent policy is his special attention to strengthening the country’s economy and commerce. Every person of insight knows that political independence cannot be stable or enduring without economic independence, which is in truth the first pillar and the foundation of all political sovereignty.
For this reason, His Majesty has devoted great attention and guidance to this essential matter. He ordered the organization of commerce and the simplification of its procedures. He directed that investment—local or foreign—be facilitated. His care extended beyond domestic economic affairs to the international sphere, where he ordered the establishment of commercial agreements, beginning with sister nations, to build a unified economic, commercial, political, and financial structure with them—sacrificing many temporary local interests for the sake of this higher goal.
This wise and far‑sighted policy will undoubtedly grant Saudi Arabia a lofty and distinguished international standing, placing it in the position it deserves among civilized nations—on the path to enduring glory. It is a sincere, visionary policy whose fruits will, God willing, appear in the near future.
May God grant His Majesty success, support him, and realize through his hands the honor of the Arabs and the unity of the Muslims.
Nations take pride in their glorious, immortal days—those milestones in their history which they commemorate each year as national occasions.
There is no doubt that the day His Majesty the King ascended the throne of this country is one of the most momentous days in the history of the Arabian Peninsula. From the moment His Majesty assumed the reins of authority, he inaugurated his radiant reign with wide‑ranging reforms, advanced the country’s institutions, and led them forward—steadily and swiftly—toward a distinguished and worthy position. Thus, the nation prospered under his wise leadership and enjoyed security under his protection.
It is a blessing of fortune that His Majesty—may God preserve him—follows in all aspects of his life the sound political principles laid down by his great father, may God envelop him in mercy and satisfaction.
The noble deeds and vast projects that are realized and shine forth each day stand as living testimony to His Majesty’s strong and sincere resolve, and to the dynamic, ambitious spirit with which he is endowed. Only recently, His Majesty inaugurated the historic expansion of the Prophet’s Mosque—an achievement that stands as a crowning glory of his flourishing era. And each day, the airwaves bring joyful news of great and beneficial projects. No sooner is one project completed than we are surprised by announcements of others—greater in benefit and deeper in impact.
His generous hand has reached every aspect of life and every sector of the state—care, development, and prosperity have spread across the Kingdom. The nation now proudly displays its progress in all fields: defense and aviation, commerce and industry, agriculture and living standards, public security and transportation, finance and economy, health and urban development.
Moreover, the bonds of friendship His Majesty has built among Muslim nations, and the noble direction in which he has guided the Arabs, could only be achieved by a leader of Saud’s genius, sound judgment, and penetrating vision.
Among the clearest proofs of his far‑sighted and prudent policy is his special attention to strengthening the country’s economy and commerce. Every person of insight knows that political independence cannot be stable or enduring without economic independence, which is in truth the first pillar and the foundation of all political sovereignty.
For this reason, His Majesty has devoted great attention and guidance to this essential matter. He ordered the organization of commerce and the simplification of its procedures. He directed that investment—local or foreign—be facilitated. His care extended beyond domestic economic affairs to the international sphere, where he ordered the establishment of commercial agreements, beginning with sister nations, to build a unified economic, commercial, political, and financial structure with them—sacrificing many temporary local interests for the sake of this higher goal.
This wise and far‑sighted policy will undoubtedly grant Saudi Arabia a lofty and distinguished international standing, placing it in the position it deserves among civilized nations—on the path to enduring glory. It is a sincere, visionary policy whose fruits will, God willing, appear in the near future.
May God grant His Majesty success, support him, and realize through his hands the honor of the Arabs and the unity of the Muslims.