Saudi Arabia’s Strategic Participation at WEF Davos 2024

Highlighting Key Initiatives and Global Partnerships

The upcoming World Economic Forum (WEF) Annual Meeting in Davos, taking place from January 15 to 19, 2024, has chosen “Rebuilding Trust” as its central theme. This reflects a global imperative to restore faith in international institutions amid fluctuating geopolitical landscapes.

Representing Saudi Arabia, a high-ranking delegation led by Minister of Foreign Affairs Prince Faisal bin Farhan is poised to make a pronounced impact at the event. The delegation’s composition includes significant figures such as Saudi Ambassador to the US Princess Reema bint Bandar, Minister of Commerce Dr. Majid Alkassabi, and other key ministers. Their presence underscores Saudi Arabia’s dedication to collaborative problem-solving on the world stage.

During the 54th Annual Meeting, the focus will be on addressing humanitarian, climate, social, and economic challenges. The Saudi delegation intends to actively engage with global leaders and underscore the importance of joint efforts, economic resilience, sustainable resource management, and innovation that prioritizes human welfare.

Discussions will also touch on the intersection of emerging technologies with governance and policymaking. Additionally, the delegation will highlight the Kingdom’s strides under Saudi Vision 2030, showcasing the nation’s transformative journey across various sectors and the numerous investment opportunities within its dynamic economy.

Key points of discussion will revolve around enhancing Saudi Arabia’s economic competitiveness, attracting private and foreign investments, and implementing strategies that bolster economic stability and sustainable growth, in alignment with the objectives of Saudi Vision 2030.

The forum will serve as a stage for exploring partnerships between the public and private sectors, reviewing innovative economic solutions, and bolstering international alliances. With representatives from over 100 governments, major organizations, and private sector giants, along with civil society and academia, the event promises to foster an enriching exchange of insights and expertise.

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