2020, a year of Saudi Arabia-UAE achievements

Saudi Arabia's Crown Prince Mohammed bin Salman with Abu Dhabi's Crown Prince Sheikh Mohammed bin Zayed al-Nahyan

Crown Prince Muhammed bin Salman stressed that 2020 will be “the year of achievements” for Saudi Arabia and the UAE, during the second meeting of the Saudi Arabia-UAE Coordination Council in Abu Dhabi on Thursday.

Prince Muhammad bin Salman co-chaired the meeting with Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces Sheikh Mohammed Bin Zayed Al Nahyan, the Saudi Press Agency (SPA) said.

During the meeting Saudi Arabia invited the UAE to be a guest at the 2020 summit.

2020, a year of achievements for both countries

Saudi Arabia’s presidency of the G20 in 2020, and the UAE’s hosting of the Expo 2020, are the best proof of what both countries have,” the Crown Prince said.

the Crown Prince also underlined that the Saudi Arabian-UAE joint economy can work towards, and seeks to be, one of the top ten economies in the world and one of the top ten financial markets in the world.

“We can work together to become one of the top 10 economies in the world, as foreign investments currently exceed $250bn in various economic sectors. Our financial markets exceed $720bn, and we seek to be one of the top ten financial markets in the world,” the Crown Prince said.

“Saudi Arabian-UAE integration not only benefits the two countries, but also the Gulf Cooperation Council (GCC),” Prince Muhammad added.

Sheikh Mohammed stressed the strength of Saudi Arabia-UAE relations, citing 20 common areas of development in fields such as economy and security.