INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts 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.