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Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

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Saudi Arabia to host WEF special meeting in April

  • 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.