Arab Press

بالشعب و للشعب
Monday, Mar 23, 2026

Saudi delegation highlights efforts made in societal and economic empowerment in WEF

The Saudi Arabia’s delegation concluded its participation in the activities of the World Economic Forum (WEF) 2022, which was held in Davos, Switzerland, from May 22 to 26, 2022, under the title “History at A Turning Point: Government Policies and Business Strategies”.
The Kingdom’s delegation participated in many public and private dialogue sessions headed by Minister of State and Cabinet's Member Dr. Ibrahim Bin Abdulaziz Al-Assaf.

The Saudi delegation consisted of the Minister of Finance Mohammed Bin Abdullah Al-Jadaan; the Minister of Communications and Information Technology Eng. Abdullah Bin Amer Al-Sawaha; the Minister of Economy and Planning, Faisal Bin Fadel Al-Ibrahim and Assistant to the Minister of Tourism Princess Haifa Bint Mohammed Al Saud.

This year's edition of the forum was the first to be held in attendance since the beginning of COVID-19 pandemic, by hosting more than 2,500 personalities from country leaders, business leaders, investors and decision makers at the international level, which made the forum a pivotal role in promoting joint international action by the convergence of points of views and reading the global situation.

The challenges of growth imposed themselves on the forum sessions in the post-COVID-19 pandemic with their geopolitical risks and lack of global supply security, as the dialogue sessions dealt with global challenges and possible solutions to confront them.

The forum represented an opportunity to convey the Kingdom's vision to the world in major issues addressed by the forum, and to highlight the Kingdom's efforts in addressing them locally and internationally, as the Kingdom's participation this year came under the title: "The Kingdom of Saudi Arabia: A Future View".

The topics presented represented the most important current challenges on the global arena, as they revolved around climate and environment, making more fair economies, technology and innovation, jobs and skills, improving the business environment, health and healthcare, international cooperation, society and justice.

During the forum’s sessions and bilateral meetings, the Kingdom’s delegation conveyed the important developments that the Kingdom is witnessing in terms of developing the business environment, through diversifying the economy and sources of income, enhancing competitiveness and economic cooperation, and efforts made in comprehensive societal and economic empowerment, especially in women’s contribution to the labor market, and accelerating the pace of job creation in new vital sectors.

The forum witnessed an affirmation of the need to maintain confidence in the global system, establish security and peace in the region, and support cooperation and dialogue among all countries of the world to face many challenges, especially food security. The Kingdom's delegation also referred to its positive role in the G20, which contributes to helping developing countries.

The delegation presented the visions and aspirations of the Kingdom towards developing the capabilities of cadres and talents, and supporting the adoption of smart solutions based on technology and solutions of the Fourth Industrial Revolution, in order to accelerate the pace of digital transformation based on investment in advanced technologies, as part of the Kingdom's endeavors to achieve its goals in the field of technology and innovation.

With regard to tourism, the delegation highlighted, during the dialogue sessions, the Kingdom’s achievements in this sector, and the Kingdom’s achievement of a qualitative achievement within the Travel and Tourism Development Index (TTDI) issued by the World Economic Forum (WEF), as the Kingdom jumped at the global level to the 33rd place, It advanced 10 places compared to 2019.

Achieving this progress was a result of the steps taken to invest in the tourism sector, in conjunction with providing facilities for doing business and investment, in cooperation with all government sectors, such as the National Competitiveness Center and the General Authority for Statistics.

In order to consolidate the efforts of international cooperation between the Kingdom and the World Economic Forum, the delegation signed a number of agreements.

The first agreement aims to enhance the existing partnership opportunities between the Kingdom and the Forum, explore future opportunities, identify opportunities that deepen the relationship to support the Kingdom’s transformation, and advance the global agenda in line with the main objectives of the Forum.

The second agreement came in the field of promoting wise health care and activating cooperation frameworks between the public and private sectors and specialists in this field. As a result of this agreement, the Kingdom joined the Global Alliance for Value in Health Care of the Forum.

As for the third agreement, it was in the field of food systems, as it aims to discuss common issues in the field of food security, food waste management, food stability, and climate-smart agriculture.

The World Economic Forum is an international non-profit organization that aims to develop the world by encouraging business, policies and scientific aspects. The Forum was founded by Professor Klaus Schwab in 1971 in Switzerland, and he opened regional offices in a number of major global cities.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Egypt Reaffirms Strong Support for Saudi Arabia as Sisi Condemns Iran’s Gulf Attacks
Saudi Stocks Close Higher as Tadawul Index Gains 0.55% on Broad Sector Strength
Iran Fires Ballistic Missiles Toward Riyadh as Gulf Conflict Intensifies
Barcelona Midfielder Marc Casadó Attracts €40 Million Interest from Saudi Clubs
Strait of Hormuz Tensions Rise as Saudi Arabia Opens Key Air Base to US Forces
Saudi Arabia Confronts Strategic Turning Point as Iran Conflict Redefines Regional Alliances
Saudi Arabia Intercepts Missile as Two Others Land in Remote Area Without Casualties
Saudi Expulsion of Iranian Military Attaché Raises Doubts Over Fragile Riyadh–Tehran Rapprochement
Saudi Arabia’s Strategic East–West Pipeline Gains Global Attention as Energy Routes Face Growing Risks
Iran Reportedly Reduces Strikes on Saudi Arabia Amid Concerns Over Strong Retaliation
Saudi Arabia Criticises Israeli Strikes in Southern Syria Amid Rising Regional Tensions
Egypt and Saudi Arabia Warn Iran’s Actions Threaten Stability Across the Gulf
Egypt and Saudi Arabia Warn Iran’s Actions Threaten Stability Across the Gulf
Saudi Arabia Unveils Comprehensive 2026 Roadmap to Streamline Company Formation
Saudi-UAE Tensions Reveal Emerging Rivalry at the Heart of Gulf Power Dynamics
Saudi Arabia Launches Gulf Maritime Support Initiative to Safeguard Shipping
Saudi Arabia Expands US Military Access as UAE Braces for Prolonged Iran Conflict
Saudi Arabia Expels Iranian Diplomats Amid Escalating Regional Tensions
Saudi Arabia’s Edarat Wins Major Data Centre Deal with Regional Bank
Iran Intensifies Gulf Offensive as Saudi Arabia Intercepts Dozens of Drones
Regional Powers Hold Security Talks as Turkey Seeks New Strategic Pact
Asian Refiners Urge Saudi Arabia to Revise Oil Pricing Mechanism Amid War-Driven Volatility
Gulf States Weigh US Base Access and Military Alignment as Iran War Intensifies
IRGC Claims Strikes on Israel, Kuwait and Saudi Arabia as Conflict Widens
Saudi Arabia Intercepts Multiple Drones Amid Continued Iranian-Linked Attacks
Remains of Fallen Soldier Repatriated Following Death in Saudi Arabia
Iran Tensions Challenge Saudi Arabia’s Strategic Shift to Red Sea Oil Exports
Saudi Arabia Turns to Alternative Export Routes as Hormuz Disruption Strains Oil Flows
Saudi Arabia and UAE Move Closer to Backing US-Israeli Campaign Against Iran
Saudi Arabia Signals Readiness for Military Response as Iran Tensions Escalate
Saudi Arabia Warns Oil Could Surge Beyond $180 as Iran Conflict Disrupts Global Supply
Saudi Arabia Reports Drone Strike on Key Red Sea Refinery in Yanbu
United States Urges Citizens to Leave Saudi Arabia Amid Escalating Regional Conflict
Former Media Executive Chronicles Rise of Saudi Crown Prince in New Book
Saudi Aramco–Exxon Refinery in Yanbu Targeted in Latest Wave of Iranian Attacks
Greek-Operated Patriot System Intercepts Iranian Missiles Over Saudi Arabia
Asian Refiners Urge Saudi Arabia to Revise Oil Pricing as War Upends Markets
Arab and Muslim Ministers Convene in Riyadh to Coordinate Response to Iran Crisis
Saudi Arabia Expands Global Partnerships to Accelerate Vision 2030 Transformation
Europe and Japan Signal Readiness to Help Secure Strait of Hormuz Amid Escalating Crisis
Saudi Arabia Signals Firm Stance as Iranian-Linked Attacks Intensify
U.S. Lawmakers Press Rubio to Enforce Strong Safeguards in Saudi Nuclear Deal
Iran Issues Evacuation Warning to Gulf States After Strike on Major Gas Field
Saudi Arabia to Convene Arab and Islamic Ministers for Urgent Talks on Regional Conflict
Saudi Arabia Confirms Eid al-Fitr as Moon Sighting Determines End of Ramadan
Saudi Arabia Boosts Crude Exports to Highest Levels Since 2023, Data Shows
Iran Issues Warning to Gulf Energy Infrastructure Following Strike on Major Gas Field
Saudi Arabia Restarts Ras Tanura Refinery Following Drone Strike, Reinforcing Energy Resilience
Saudi Arabia Restarts Ras Tanura Refinery Following Drone Strike, Reinforcing Energy Resilience
Saudi Arabia Intercepts Ballistic Missiles Targeting Riyadh Amid Escalating Regional Tensions
×