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HomeVision 2030Saudi Vision 2030 at World Economic Forum

Saudi Vision 2030 at World Economic Forum

Emphasizing global cooperation and economic diversification

January 23, 2025
in Vision 2030
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At the World Economic Forum 2025, Saudi Arabia emphasized the necessity for global cooperation to address the world’s fragmentation.

Prince Faisal bin Farhan, Foreign Affairs Minister, underscored the importance of prioritizing collective interests to find solutions that benefit everyone.

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Economy and Planning Minister Faisal F. Alibrahim advocated for economic diversification, suggesting the private sector’s dynamic growth as a strategy to reduce oil dependency.

Commerce Minister Dr. Majid A. Alkassabi proposed a fresh global trade framework, stressing the need for diverse supply sources to minimize risks.

Tourism Minister Ahmed A. Al-Khateeb highlighted Saudi Vision 2030’s goals to revolutionize travel and tourism with infrastructure and service enhancements.

Addressing environmental issues, Minister Adel A. Aljubeir presented the Middle East Green Initiative, encouraging regional cooperation on a circular carbon economy.

Finance Minister Mohammed A. Aljadaan spoke on Saudi Arabia’s efforts to reduce regional tensions, fostering stability and growth.

Communications Minister Abdullah A. Alswaha highlighted the Kingdom’s progress in artificial intelligence, focusing on foundational development and international collaborations.

Industry Minister Bandar Alkhorayef showcased industrial growth, particularly transforming a desert into a significant petrochemical hub.

Tags: economic diversificationglobal cooperationsaudi arabiaSaudi Vision 2030World Economic Forum
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