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.
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.
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)
Saudi Arabia has expressed its support for maintaining stability in the global oil market, despite U.S. President Donald Trump urging the Middle Eastern nation to lower oil prices. When asked about Donald Trump’s proposal during an appearance at the Davos forum in Switzerland,
You’ve Got To Bring It Down’: Trump Directly Calls On Saudi Arabia & OPEC To Lower Oil Prices President Trump called on Saudi Arabia and OPEC to lower oil prices at the WEF in Davos, Switzerland, on Thursday.
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.
U.S. President Donald Trump on Thursday said he will demand Saudi Arabia and OPEC bring down the cost of oil and will ask Riyadh to increase a planned U.S. investment package to $1 trillion from an initial reported $600 billion.
The global WEF meeting in Riyadh will serve as a vital platform for global leaders, experts, policy- and decision-makers from diverse fields
Travel and tourism builds diversified and resilient economies”: Saudi Arabia Minister of Tourism, HE Al-Khateeb, tells WEF Annual Meeting in Davos
Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration contributing to the risk of a war between Israel and Iran, addressing an issue the region has feared since the start of Israel's war in Gaza.
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.
"Come make your product in America and we will give you among the lowest taxes of any nation on earth ... But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff," Trump said.