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Eye of Riyadh
Business & Money | Friday 12 January, 2024 2:54 am |

Saudi Arabia to participate in World Economic Forum Annual Meeting 2024

Chaired by His Highness Prince Faisal bin Farhan

bin Abdullah, Minister of Foreign Affairs, a high-level delegation from the Kingdom of Saudi

Arabia will participate in the World Economic Forum (WEF) Annual Meeting 2024, in Davos,

Switzerland, from 15-19 January 2024, under the theme of “Rebuilding Trust”.

The Kingdom’s delegation includes Her Royal Highness Princess Reema bint Bandar AlSaud,

Ambassador of the Custodian of the Two Holy Mosques to the United States of America; His

Excellency Dr. Majid A. Alkassabi, Minister of Commerce; His Excellency Adel A. Aljubeir,

Minister of State for Foreign Affairs, Member of the Council of Ministers, and Envoy for

Climate; His Excellency Khalid A. Al Falih, Minister of Investment; His Excellency Mohammed

A. Aljadaan, Minister of Finance; His Excellency Abdullah A. Alswaha, Minister of

Communications and Information Technology; His Excellency Bandar I. Alkhorayef, Minister of

Industry and Mineral Resources; and His Excellency Faisal F. Alibrahim, Minister of Economy

and Planning.

The 54 th World Economic Forum Annual Meeting arrives at a time of multiple and mounting

humanitarian, climate, social and economic challenges, as confidence in global institutions falls

and global volatility rises.  

During its participation in the Forum, the Saudi delegation will address these era-defining

challenges by working with the international community to advance substantive global

collaboration, drive economic resilience, build sustainable resource security, and harness human-

centric innovation, while exploring the opportunities offered by emerging technologies and their

impact on the policy and decision-making process.  

The Saudi delegation will also highlight the social and economic progress made within the

framework of Saudi Vision 2030, the process of transformation, diversification and development

witnessed by the Kingdom in various fields, as well the multiple investment opportunities

available across the nation’s thriving economy.

In light of the Kingdom’s increasing economic competitiveness, the Saudi delegation will share

its experiences in enhancing the Kingdom's attractiveness as a destination for private and foreign


The delegation will also review the best practices and solutions developed by the Kingdom to

enhance the resilience of the economy and achieve financial sustainability, in line with its

ambitions for economic diversification and sustainable growth, under Saudi Vision 2030.

The 54 th annual meeting of the World Economic Forum will discuss ways to enhance cooperation

between the public and private sectors with the aim of exploring future opportunities, reviewing

solutions and developments within various economic and development sectors within the


framework of international cooperation, and joint work between governments and various

institutions. The Forum brings together representatives from more than 100 governments, major

international organizations, and more than 1,000 major private sector players, in addition to

representatives of civil society and academic institutions.

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