King Salman promised improvements in education and healthcare, and to find solutions for affordable housing shortages in his first major policy speech as the new king. Saul Loeb / AFP Photo
King Salman promised improvements in education and healthcare, and to find solutions for affordable housing shortages in his first major policy speech as the new king. Saul Loeb / AFP Photo

Saudi king Salman vows development and stability amid low oil prices



RIYADH // King Salman has vowed that low oil prices will not halt progress in Saudi Arabia and promised to defend Arab and Muslim causes around the world.

In his first major policy speech since assuming the throne in January, King Salman said on Tuesday the kingdom would continue oil and gas exploration despite plummeting crude prices being nearly half of what they were last summer.

In an acknowledgement of the kingdom’s burgeoning young population, the 79-year-old monarch urged businesses to help create jobs, calling it a national duty.

“Every citizen in the country and every region of our nation are of my concern, interest and care,” he said, adding that all Saudis are equal before his eyes.

He promised improvements in education and healthcare, and to find solutions for affordable housing shortages.

Throughout the speech, King Salman made it a point to address both men and women, referring to them as “brothers and sisters” and “my sons and daughters”.

“Security is a blessing and a pillar for the prosperity of a society and its stability,” King Salman said.

“Security is the responsibility of all and we will not permit anyone to tamper with it or our stability.”

On foreign policy, he said the kingdom “would continue to defend Arab and Islamic issues” and the creation of a Palestinian state with Jerusalem as its capital.

The king delivered the 10-minute speech from the Al Yamama Palace in Riyadh. He was seated during the speech, reading from a paper underneath a large painting of his father, Saudi Arabia’s founder King Abdulaziz.

Next to to him were his Crown Prince and deputy crown prince.

The invitees, included governors, senior royals, cabinet ministers, military leaders and senior religious leaders, including the Grand Mufti of Saudi Arabia.

Women, who were appointed to the advisory Shura Council by his predecessor and late half-brother King Abdullah, were shown seated in the hall where he spoke, though segregated and behind the men who were invited.

* Associated Press

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