Riyadh - SPA
Saudi Press: Corona Virus Does not Affect Global Oil Demand

Saudi newspapers highlighted in their editorials today a number of issues at local, regional and international arenas.

Al-Yaum newspaper said that the spread of Corona virus does not affect the demand for oil in the global markets, pointing that the Kingdom of Saudi Arabia has the full ability to take the necessary measures that maintaining support for oil prices. The paper added that the Kingdom of Saudi Arabia adheres to its clear oil policy, which is based primarily on overcoming, confronting and resolving crises by safe and rational means.

Al-Bilad newspaper said that the Saudi Arabia's Vision 2030 focused on developing the Small and Medium-Sized Enterprises (SMEs) sector as part of its ambitious goals, and involving them to contribute in the economic growth. The paper said that, during the recent years, the Kingdom of Saudi Arabia is witnessing a promising experience to develop SMEs sector and raise its contribution to its GDP, pointing out to the "Biban Forum" which targets the startup entrepreneurs through a package of services, include financial and administration consultations and funding, and taking place every years in all regions of the Kingdom of Saudi Arabia.

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