DAVOS, Switzerland– A top-level delegation from the Kingdom of Saudi Arabia has actually concluded its involvement worldwide Economic Forum (WEF) Annual Meeting 2024, culminating in a statement that Riyadh will host a WEF Special Meeting on international cooperation, development and energy, in between 28-29 April 2024.
From 15-19 January, the Saudi delegation, Chaired by HH Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, took part in vital discussions, bilateral and multilateral conferences to form options to worldwide obstacles and develop the structures for a more linked, resistant and growing future.
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The delegation consisted of HRH Princess Reema bint Bandar AlSaud, Ambassador of the Custodian of the Two Holy Mosques to the United States of America; HE Dr. Majid Alkassabi, Minister of Commerce; HE Adel Aljubeir, Minister of State for Foreign Affairs, Member of the Council of Ministers, and Envoy for Climate; HE Khalid Al Falih, Minister of Investment; HE Mohammed Aljadaan, Minister of Finance; HE Abdullah Alswaha, Minister of Communications and Information Technology; HE Bandar Alkhorayef, Minister of Industry and Mineral Resources; and HE Faisal Alibrahim, Minister of Economy and Planning.
A few of the emphasize sessions in which the delegates got involved consisted of: ‘Securing an Insecure World’; ‘Frictionless Services’; ‘Gulf Economies: All In’; ‘Regulating Non-Banks’; ‘Bold Steps for a Sustainable MENA’; ‘Resilience: What It Means and What to Do About It’; ‘Supply Chains of the Future’; ‘Investors of First Resort: Government Inc.’; ‘The Future of Banking and Technology in Saudi Arabia: What it Means for Investors’; ‘MENA’s Economic Dilemma: Reforms Amid Uncertainty’; and an unique WEF panel session on ‘Saudi Arabia: The Course Ahead’, which concentrated on the Kingdom’s leading function in promoting peace, security and success in the Middle East.
The Kingdom’s delegation likewise introduced the Saudi House: Bold Visions Series, which assembled change-makers, policymakers, and innovators to participate in discussions concentrated on the options required throughout crucial locations of financial advancement consisting of the blue economy, tourist and innovation financial investments.
The WEF Special Meeting in Riyadh belongs to a landmark arrangement in between Saudi Arabia and the Forum, set to assemble more than 700 international leaders the general public and economic sector, global companies, NGOs, academic community and civil society to cultivate discussions in between nations towards restoring global cooperation.
On Thursday 18th of January, the Kingdom signed 2 arrangements with WEF’s development platform UpLink to catalyze ingenious worldwide options to today’s most important ecological and sustainability difficulties. The 2 arrangements goal to cultivate development communities around early-stage effect business owners to promote financial investments and assistance for development services that attend to important sustainable advancement difficulties consisting of ocean destruction, biodiversity loss, and the circular carbon economy.
Another Memorandum of Understanding (MOU) was signed to boost cooperation in between the Kingdom of Saudi Arabia and the Organisation for Economic Co-operation and Development (OECD). The contract concentrates on a large range of public law efforts in locations consisting of the economy, business governance and sustainability.
* Source: AETOSWire
View source variation on businesswire.com: https://www.businesswire.com/news/home/20240121549983/en/
Contacts
Wooud Alquaied
walquaied@mep.gov.sa
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