A high-level delegation from the Kingdom of Saudi Arabia has concluded its participation in the 55th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, culminating in an announcement that the Kingdom will host a regular high-level World Economic Forum (WEF) Global Meeting in Riyadh starting in Spring 2026.
Saudi Arabia has expressed its support for maintaining stability in the global oil market, despite U.S. President Donald Trump urging the Middle Eastern nation to lower oil prices. When asked about Donald Trump’s proposal during an appearance at the Davos forum in Switzerland,
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
Aligned with Saudi Arabia’s forward-thinking tourism strategy, the Ministry of Tourism also launched the "Hospitality Investor White Paper" during the forum, aiming to attract US$11 billion in private investments, contribute US$4 billion to GDP, and create 1.6 million jobs by 2030. (US$1=RM4.37)
U.S. President Donald Trump on Thursday said he will demand Saudi Arabia and OPEC bring down the cost of oil and will ask Riyadh to increase a planned U.S. investment package to $1 trillion from an initial reported $600 billion.
Switzerland (Reuters) - Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration increasing the risk of an Israel-Iran conflict, addressing an issue the region has feared since the start of Israel's war in Gaza.
GENEVA (AP) — The head of the United Nations labor agency says it has good relations with Saudi Arabia during an ongoing investigation of alleged rights abuses by the 2034 World Cup host, and aims to send more expert staff to Riyadh. International Labour ...
Saudi Arabia’s membership in the BRICS bloc of emerging economies is still being assessed more than a year after the kingdom was invited to join the alliance, according to the country’s minister of economy and planning.
Travel and tourism builds diversified and resilient economies”: Saudi Arabia Minister of Tourism, HE Al-Khateeb, tells WEF Annual Meeting in Davos
The global WEF meeting in Riyadh will serve as a vital platform for global leaders, experts, policy- and decision-makers from diverse fields
DAVOS, Switzerland - Saudi Economy Minister Faisal ... the kingdom's "investment" should be rounded up to $1 trillion. Saudi Arabia's state news agency said on Thursday that the crown prince ...
"Come make your product in America and we will give you among the lowest taxes of any nation on earth ... But if you don't make your product in America, which is your prerogative, then very simply you will have to pay a tariff," Trump said.