Saudi Minister Boosts International Ties at WEF Davos

Engagement with Global Business Leaders on Investment Opportunities

At the World Economic Forum (WEF) Davos 2024, Saudi Arabia’s Minister of Industry and Mineral Resources, Bandar Ibrahim Alkhorayef, participated in crucial bilateral discussions with top executives from international corporations. These meetings were part of the Saudi delegation’s agenda to reinforce international partnerships and attract foreign investment.

Alkhorayef engaged in meaningful dialogues with several industry innovators, including Daniel Metzler, Co-Founder and CEO of Isar Aerospace, Ric Fulop, CEO and co-founder of Desktop Metal, and Paul Hudson, CEO of Sanofi. The conversations centered on enhancing cooperation and forming strategic alliances between the Kingdom and key players in the industrial and mining sectors.

The key focus of the talks was to delve into the attractive investment prospects that Saudi Arabia offers, particularly in non-oil sectors. They also examined ways to bolster trade and extend the presence of Saudi non-oil exports in international markets.

Through these discussions at the WEF, Saudi Arabia aimed to shed light on the advancements under its ambitious ‘Vision 2030’ and to promote the country as a prime destination for diverse investment opportunities.

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