INSEAD Day 4 - 728x90

Mashreq Q1 profit rises

Total revenue increased 10% year-on-year.

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

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.