INSEAD Day 4 - 728x90

Salik profit slips in H1

The company said traffic recovery supported resilience.

Alpha Dhabi profit jumps 48%

AI and technology investments boost earnings.

Agthia profit, dividend jump

Transformation lifts earnings, cash generation.

2PointZero reports strong H1

Expansion drives earnings, revenue growth.

Borouge profit climbs 23%

Prices, recovery boost quarterly earnings

Saudi Arabia to host WEF special meeting in April

Saudi Arabia Foreign Minister Prince Faisal bin Farhan Al-Saud arrives on stage during a session of the World Economic Forum (WEF) annual meeting in Davos, on January 16, 2024. AFP
  • Speaking at the panel 'Saudi Arabia: The Course Ahead', Saudi minister Faisal Al Ibrahim said the event will focus on global collaborations
  • He underlined Riyadh's emerging role as a hub for various sectors and as a center for global thought leadership.

Davos, Switzerland — Saudi Arabia will host a special meeting of the World Economic Forum (WEF) in Riyadh this April, Saudi Economy and Planning Minister Faisal Al Ibrahim said on Thursday.

Speaking at the panel ‘Saudi Arabia: The Course Ahead’, Faisal Al Ibrahim said the event will focus on global collaborations, growth, and energy, while underlining Riyadh’s emerging role as a hub for various sectors and as a center for global thought leadership.

WEF President Borge Brende stressed the importance of global cooperation, especially in reviving economic growth and addressing the development needs of energy.

Scheduled for the April 28 and 29, the event marks the first special WEF meeting outside the traditional Davos forums since the onset of COVID-19. Brende expressed gratitude to the Saudi leadership for hosting the event.