In a recent convergence of economic minds, the Saudi Minister of Economy and Planning, Faisal Al-Ibrahim, engaged in discussions with Germany’s State Secretary for Economic, Finance and European Affairs, Jorg Kukies. The dialogue centered on the pressing issues shaping the global economic landscape and potential areas of shared interest where Saudi Arabia and Germany could enhance their cooperation.
This important exchange occurred on the periphery of the prestigious World Economic Forum’s annual meeting in 2024, as reported by the Saudi Press Agency.
During last week’s forum in Davos, Minister Al-Ibrahim highlighted Saudi Arabia’s strategic Vision 2030 initiative, which is designed to transform the country’s economy through diversification, increased global integration, and the improvement of citizens’ quality of life. He emphasized the significance of investing in the nation’s human resources, touching upon the sectors of education and healthcare. Moreover, the minister underscored the value of forging international alliances, citing the Kingdom’s effective venture with Singapore that aims to bolster the public sector’s competencies.