From Davos to Jeddah: Saudi Arabia concludes WEF 2026 with world progress assembly set for April

DAVOS — Saudi Arabia concluded its participation within the 56th World Financial Discussion board Annual Assembly in Davos with the announcement that the Kingdom will host the World Financial Discussion board World Collaboration and Progress Assembly, titled “Constructing Frequent Floor and Reviving Progress,” in Jeddah on April 22–23, 2026. The Kingdom’s participation at WEF 2026, held from Jan. 19 to 23, was led by International Minister Prince Faisal bin Farhan. The Saudi delegation additionally included Ambassador to america Princess Reema bint Bandar, Minister of Commerce Majid Alkassabi, Minister of Tourism Ahmed Alkhateeb, Minister of Funding Khalid Al-Falih, Minister of Finance Mohammed Aljadaan, Minister of Communications and Data Expertise Abdullah Alswaha, Minister of Business and Mineral Assets Bandar Alkhorayef, and Minister of Financial system and Planning Faisal Alibrahim. Saudi officers took half in key periods together with The World Financial Outlook, A Examine-In on the Saudi Financial system, High quality of Life 2030 and Past, Economies of the Future: Quick-Ahead to 2050, From Reform to Supply: Executing Change at Scale, and The Human Code: Designing Functionality Methods. Delegates additionally participated in a variety of public and closed-door discussions and bilateral conferences, emphasizing the significance of constructive dialogue, sensible partnerships and coordinated motion to help stability and long-term prosperity. Saudi Home, led by the Ministry of Financial system and Planning, returned to Davos with its most in depth program up to now. The platform launched NextOn, a brand new thought management sequence showcasing views from throughout the Kingdom, and hosted greater than 20 periods that includes ministers, worldwide executives and world consultants. Discussions have been organized round six themes aligned with Saudi Imaginative and prescient 2030: Daring Imaginative and prescient, Insights for Impression, Folks and Human Functionality, High quality of Life, Funding and Collaboration, and Welcoming the World, delivered in partnership with nationwide entities and initiatives. Saudi Home attracted greater than 10,000 guests throughout the week, double the quantity recorded on the earlier version, highlighting the Kingdom’s financial, social and human transformation, in addition to funding alternatives rising beneath Imaginative and prescient 2030. A number of agreements and initiatives have been introduced throughout the discussion board. HUMAIN and the Nationwide Infrastructure Fund signed a Strategic Financing Framework Settlement of as much as $1.2 billion to help the enlargement of synthetic intelligence and digital infrastructure initiatives within the Kingdom, together with the event of as much as 250 megawatts of hyperscale AI information heart capability. The UN Conference to Fight Desertification COP16 Presidency launched the Business4Land Champions’ Council, a high-level coalition bringing collectively enterprise leaders, traders and policymakers to speed up land restoration, fight land degradation and strengthen drought resilience. The Ministry of Business and Mineral Assets, in collaboration with the World Financial Discussion board, introduced the Lighthouse Working System, a country-level framework developed with the WEF Superior Manufacturing and Manufacturing Centre to speed up manufacturing transformation, diversify the economic system and place Saudi Arabia as a worldwide hub for superior manufacturing and logistics. Saudi Arabia’s participation concluded with remarks by Financial system and Planning Minister Faisal Alibrahim, who mentioned no single discussion board might resolve all world challenges, however careworn that platforms such because the World Financial Discussion board are very important to fostering cooperation. He emphasised the necessity to unlock the worldwide economic system’s full potential and confront complexity with confidence and resolve, recalling the phrases of the late King Abdulaziz: “Energy, power, might Allah not bless weak point.”

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