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Security is foundation of investment and economic growth, Saudi chambers chief says

RIYADH — Security is the foundation of investment and economic growth, and Saudi Arabia’s comprehensive security system has strengthened the Kingdom’s attractiveness and competitiveness regionally and globally, Federation of Saudi Chambers Chairman Abdullah Saleh Kamel said.Speaking at the Security and History Dialogue 2026 conference in Riyadh, Kamel said the close relationship between security…

Security is foundation of investment and economic growth, Saudi chambers chief says

In Riyadh, Saudi Arabia's Federation of Saudi Chambers Chairman Abdullah Saleh Kamel emphasized that security is crucial for investment and economic growth. He remarked that the Kingdom's comprehensive security system has enhanced its regional and global appeal and competitiveness. Speaking at the Security and History Dialogue 2026 conference, Kamel highlighted the vital link between security and investment, noting that both were prominently featured together at the event.

He acknowledged Minister of Interior Prince Abdulaziz bin Saud bin Naif for sponsoring the conference and commended the Ministry of Interior and organizers for their role in maintaining the Kingdom's security and stability.

Kamel asserted that Saudi Arabia is a safe nation, ranking first among G20 countries in the index measuring safety when walking alone at night. He underscored that security serves as the bedrock for investment, while investment fuels growth. He argued that while a country may possess substantial wealth and competitive advantages, the absence of security can undermine its economic potential.

Kamel explained that security extends beyond major cities to the entire Kingdom, providing businesses and investors with a stable setting to operate and expand. He pointed out that security has evolved beyond individual protection and crime prevention to include food, energy, supply, and cybersecurity, all of which now significantly impact investment decisions.

Saudi Arabia has made substantial advancements in cybersecurity, positioning itself among the world's five most advanced countries in this area, Kamel stated. He added that this achievement bolsters confidence in the Kingdom's investment environment and its capacity to safeguard businesses, facilities, and supply chains. Kamel stressed the Ministry of Interior's responsibility in securing people, commerce, and supply chains within cities and across international borders, describing this as a crucial element supporting the private sector.

He explained that security directly contributes to lowering costs, ensuring business continuity, and drawing investment. When an investor sets up a factory or project in Riyadh, Jeddah, or elsewhere in the Kingdom, the business relies on efficient transportation networks, secure roads, and dependable supply chains. Kamel noted that the integration of these aspects has enabled investors to broaden their operations and leverage the competitive advantages offered by various regions of the Kingdom.

He concluded that security remains one of Saudi Arabia's most significant strengths, stability, and investment attractiveness, as well as a foundational pillar of development, economic growth, and the Kingdom's service to pilgrims.

Written by urgent.news from Saudi Gazette's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at saudigazette.com.sa →

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