A high-level delegation from the Kingdom of Saudi Arabia has concluded its participation in the 55th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, culminating in an announcement that the Kingdom will host a regular high-level World Economic Forum (WEF) Global Meeting in Riyadh starting in Spring 2026.
Aligned with Saudi Arabia’s forward-thinking tourism strategy, the Ministry of Tourism also launched the "Hospitality Investor White Paper" during the forum, aiming to attract US$11 billion in private investments, contribute US$4 billion to GDP, and create 1.6 million jobs by 2030. (US$1=RM4.37)
International Labour Organization director general Gilbert Houngbo spoke of “very constructive” bilateral relations with Saudi Arabia on Thursday at a briefing ahead of attending the annual gathering of world leaders next week in Davos, Switzerland.
Davos: Saudi Arabia has called for a “reshaping of the global economic approach” amidst severe disruptions and trade tensions that are impacting global growth rates and, consequently, the standard of living for individuals worldwide.
Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration increasing the risk of an Israel-Iran conflict, addressing an issue the region has feared since the start of Israel's war in Gaza.
President Donald Trump used a virtual address at the World Economic Forum in Davos, Switzerland, to tout a recent investment of $600 billion over the next four years from Saudi
Saudi Arabia’s membership in the BRICS bloc of emerging economies is still being assessed more than a year after the kingdom was invited to join the alliance, according to the country’s minister of economy and planning.
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.
President Donald Trump is emphasizing that targeting Russia's oil revenue is the best way to get Moscow to end its nearly three-year war against Ukraine.
Travel and tourism builds diversified and resilient economies”: Saudi Arabia Minister of Tourism, His Excellency Ahmed Al-Khateeb, tells World Economic Forum Annual Meeting in Davos* Official Travel & Tourism sessions were prominently featured on the WEF agenda,
The Ministry of Investment of Saudi Arabia, the GAMI, and Italian aerospace company Leonardo have signed a Memorandum of Understanding (MoU).