The Saudi stock index rose on Thursday, after assurances from Crown Prince Mohammed bin Salman to push ahead with reforms and his outlook for growth.
Saudi Arabia's Tadawul index rose 4.3 percent at closing time last week.
The Saudi bourse has recovered almost all its losses since the killing of Saudi journalist Khashoggi after he entered his consulate in Istanbul on October 2.
Saudi Arabia is the largest financial market in the Middle East and North Africa.
The crown prince at the Forum "Future Investment Initiative" held in Riyadh on Wednesday, to move forward with plans to reform and promote growth in the country.
He added that his country would be completely different in five years, noting that the figures talk about the great economic progress in Saudi Arabia.
He explained that the next year's budget for the kingdom will exceed one trillion dollars, and that salaries will constitute 45 percent of the budget for 2019.
He said that the value of public investment fund assets will reach 400 billion dollars by the end of 2019, pointing to the continuation of reforms and spending on infrastructure.
The Saudi crown prince expected his country to achieve economic growth of 2.5 percent this year, stressing that the kingdom is moving ahead with the war on extremism and terrorism.
In 2016, Prince Mohammed Bin Salman launched a reform economic plan called "Vision 2030", based on investments in the fields of entertainment, transport and others.
