The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud delivered the annual royal address. Following is the text: In the name of Allah, the Most Graceful, the Most Merciful, Praise be to Allah, His prayer and peace be upon the Prophet, Dear Brothers and sisters, members of the Shura Council, Allah's Peace, mercy and blessings be upon you. We inaugurate the works of the first year of the seventh session of the Shura Council, asking Allah Almighty to crown our efforts with full success in the service of the religion, the homeland and citizens, appreciating the Council's works and efforts, wishing you all success in its new session. Your state has been founded on the Holy Quran and Prophetic Sunnah and has exploited all its potentialities to protect the security of the state and the society, serve the Two Holy Mosques and their visitors, and provide the best services to citizens. Today, your country is proceeding with firm steps towards adapting to new developments and dealing with the challenges with a solid will to maintain the achievements, the Kingdom's status among the nations, and its active role regionally and internationally. Dear Brothers and Sisters: Your state is the state of Islam which is the true religion revealed to the Prophet of mankind Muhammad (peace be upon him), the religion of moderation and tolerance with which we deal and seek to apply as it was during the era of the Prophet and Caliphs after him. The Prophet is our supreme ideal and will confront anyone who calls for extremism and immoderation and for carelessness about the religion. Dear brothers and sisters: Our domestic policy is based on the pillars of maintaining security, stability and prosperity in our country, diversifying sources of income, and raising the society's productivity to achieve the development to meet the needs of the present and preserve the right of future generations. As you know, the world is experiencing severe economic fluctuations affected most countries and led to weak growth and drop in oil prices. The state has sought to deal with these variables in a way that does not affect what it looks forward to achieving of objectives by taking a variety of measures to restructure the economy, some of which may be painful temporarily , but they are set to protect your country's economy from the problems which were worse if we delayed them. --More 15:38 LOCAL TIME 12:38 GMT www.spa.gov.sa/w290373