Saudi Press

Saudi Arabia and the world
Friday, Mar 29, 2024

High-Level Saudi delegation to participate in the World Economic Forum 2022

High-Level Saudi delegation to participate in the World Economic Forum 2022

Saudi Arabia will participate in the World Economic Forum (WEF) 2022, in Davos, Switzerland, with a high-level delegation set to attend a number of meetings between May 22–26.
WEF is returning after a two-year absence because of the pandemic, and the theme for this year’s event — which has been billed as the most significant in the event’s history — is "History at a Turning Point: Government Policies and Business Strategies".

Minister of State and Member of the Cabinet of Ministers Dr. Ibrahim Bin Abdulaziz Al-Assaf is heading the Kingdom’s delegation, which includes Minister of Foreign Affairs Prince Faisal Bin Farhan Bin Abdullah, Minister of Investment Eng. Khalid Bin Abdulaziz Al Falih, Minister of Finance Mohammed Bin Abdullah Al-Jadaan, Minister of Communications and Information Technology Eng. Abdullah Bin Amer Al Swaha, Minister of Economy and Planning Faisal Bin Fadhil Al Ibrahim, and Assistant Minister of Tourism Princess Haifa Bint Muhammad Al Saud.

The Saudi delegation to WEF will engage in meaningful dialogues with the Kingdom’s international partners in several public and private sessions to seek solutions to critical global challenges including climate change, the emerging economic crisis, disrupted logistics and supply chains, geopolitical tensions, global energy security and the ongoing fallout from the pandemic.

The delegation will highlight the Kingdom's continuous local and international efforts to respond to the eight main themes of this year's meetings at WEF, which cover climate and nature, fairer economies, tech and innovation, jobs and skills, better business, health and healthcare, global cooperation, society and equity.

Members from the Saudi delegation will also outline the Kingdom’s achievements in responding to the global challenges presented by these themes. They will showcase the qualitative leap under way across Saudi’s socioeconomic and business landscape as it forges ahead with its ambitious diversification efforts under Vision 2030.

The Kingdom’s comprehensive social and economic empowerment plans — including doubling the representation of women in the labor market, accelerating the pace of job creation in new sectors — will also be discussed in detail during the delegation’s meetings in Davos.

The Saudi delegation will also touch on the Kingdom’s widely-lauded COVID-19 response and recovery efforts, the nation’s burgeoning healthcare industry, with public health and safety becoming an increasingly important economic measure of progress.

Furthermore, the climate-action policies and environmental projects under way in the Kingdom and the Middle East, including the "The Middle East Green” initiative, will be explored by the delegation as they outline the Kingdom’s commitment to prioritizing sustainability at all levels.

The delegation will also present the Kingdom’s long-term vision for the future and its strategic goal of developing a robust pipeline of talent while attracting foreign talents to accelerate the adoption of smart solutions, advanced technologies and Fourth Industrial Revolution applications.

The Saudi delegation will also outline its view on the security of resources and commodities, as well as its pivotal role in ensuring the security and stability of energy markets. It would also highlight its long-term investments into innovative, clean and renewable energy sources to diversify the local and global energy mix.

This year's World Economic Forum is expected to attract more than 2,500 high-level leaders. They include state leaders, business leaders, investors, policy- and decision-makers.

The sessions being held at WEF this year have been designed to coincide with the fast-evolving geopolitical and economic disruptions which have imposed serious challenges on global growth and prosperity. The Forum seeks to promote joint international action to build a common ground to overcoming the current circumstances.

In July 2021, the Kingdom witnessed the inauguration of the Fourth Industrial Revolution Center in Riyadh, which is the fifth in the world, within the framework of strengthening partnership with the World Economic Forum.

The center aims to enhance flexible governance and regulatory frameworks used to harness new technologies for the benefit of the government and the business sector and benefit from the system of centers affiliated with the World Economic Forum worldwide.

The World Economic Forum is an independent 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. with offices in a number of major global cities. The Forum's meetings are attended every year by a group of leaders, presidents and senior officials in countries and international companies.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
Reports in Gaza: 5 dead from the impact of aid packages dropped by the USA
Apple warns against drying iPhones with rice
China Criticizes US for Vetoing UN Ceasefire Resolution in Gaza
In a recent High Court hearing, the U.S. argued that Julian Assange endangered lives by releasing classified information.
The U.S. vetoed a U.N. Security Council resolution calling for a temporary ceasefire in Gaza, instead proposing its own six-week ceasefire plan contingent upon the release of all hostages held by Hamas
Prince William Urges End to Gaza Conflict
Saudi Arabia ranks first in UN index for e-government services in MENA
Israel has gone ‘beyond self-defence’ in Gaza, says Labour’s Streeting
EU Calls for Immediate Ceasefire in Gaza Conflict
Israel Records 20% Drop In GDP, War In Gaza Is The Reason
Saudi Arabia's FDI Inflows Grow with New International Standards
Venture Capitals Power Up Across MENA Region
Saudi Arabia Introduces Terms for 30-Year Income Tax Exemption for Multinational Companies
Saudi FM: Establishing Palestinian state is only pathway for Mideast stability
Russian opposition leader Alexey Navalny has died at the Arctic prison colony
Elon Musk's Starlink Gets License For Israel, Parts Of Gaza
Influencers Exploit X Platform for Profit Amidst Israel-Gaza Conflict
PM Modi Announces Opening Of New CBSE Office In Dubai
International Criminal Court's Chief "Deeply Concerned" By Rafah Bombing
January Funding for MENA Startups Totals $86.5 Million
Saudi Arabia accelerates digital economy growth through Nvidia partnership
Indian female military officers commend Saudi Arabia's progress and women's empowerment
Israel unveils tunnels underneath Gaza City headquarters of UN agency for Palestinian refugees
Israel deploys new military AI in Gaza war
Egypt threatens to suspend key peace treaty if Israel pushes into Gaza border town, officials say
Israel Utilizes AI Military Technology in Gaza Conflict
Saudi Arabia Warns Of A "Humanitarian Catastrophe" If Israel Moves On Rafah
China Warns Iran to Halt Houthi Attacks or Damage Trade Ties
US University To Shut Qatar Campus Due To "Heightened Mideast Instability"
Iran-backed hackers interrupt UAE TV streaming services with deepfake news
Facebook and Instagram Ban Iran's Supreme Leader
Finnish Airline, Finnair, is voluntarily weighing passengers to better estimate flight cargo weight
U.S. Secretary of State Blinken: The Israelis underwent dehumanization on 7.10, this does not give them the right to do this to others.
Defense Technology Showcase Held in Riyadh
Saudi Arabia’s non-oil exports rise 2.5% to $6bn in November 2023: GASTAT
UK Bans Misleading "Zero Emissions" Claims for Electric Cars
Gaza's Teen Inventor Sparks Light in Displacement
Netanyahu Rejects Ceasefire Proposal, Insists On Total Victory Over Hamas
Guterres appoints independent UNRWA review panel
Private Sector Employment Hits Record High with Over 11 Million Employees in January
Rolls-Royce Executive Encourages Saudi Women to Tap into Their Inner 'Superhero' for Success in Defense Industry
Saudi Arabia launches National Academy of Vehicles and Cars
Saudi Tourism Minister Reveals Plan for 250,000 New Hotel Rooms by 2030
SAR to more than double eastern network passenger capacity with new trains deal
Saudi Arabia Enhances National Defense with New Partnerships
Saudi Aramco Maintains Arab Light Crude Pricing to Asia for March
NEOM Establishes New York Office to Support Investors
Saudi Wealth Fund Draws in Over $25 Billion Worth of Investments in Three Years, Al-Rumayyan Reveals
ZATCA Cautions Against Scammer Schemes
INTRA Defense Technologies inaugurates drone factory in Riyadh
×