Saudi Press

Saudi Arabia and the world
Wednesday, Feb 18, 2026

Saudi Arabia Advances Global Economic and Energy Initiatives Amid Vibrant Cultural and Humanitarian Efforts

Saudi Arabia's Finance Minister leads key discussions on global economic cooperation at IMF meetings, while domestic efforts focus on energy transition and healthcare transformation.
Saudi Arabia’s Finance Minister Mohammed Al-Jadaan is leading a high-profile delegation to Washington, where they will join the annual IMF and World Bank Group meetings, alongside G20 Finance Ministers. Discussions will focus on pivotal global economic policies and the international cooperation needed to tackle economic challenges effectively.

Meanwhile, in the realm of energy, Saudi Aramco's CEO Amin Al-Nasser has called for a "version 2.0" energy transition plan, prioritizing Asia's unique needs. Speaking at the Singapore International Energy Week, Al-Nasser stressed a practical, multi-dimensional approach to reducing emissions, keeping in mind the energy security challenges faced by developing regions.

Back in Saudi Arabia, the healthcare sector is set for transformation as three Canadian healthcare firms plan to open regional offices, inspired by Saudi Vision 2030. This initiative promises to enrich the Saudi health sector with innovative partnerships, as demonstrated at the recent Global Health Exhibition in Riyadh.

Turning to cultural events, Riyadh Season 2024 is off to a groundbreaking start, drawing in 2 million visitors in its first week. The expanded event offers an array of entertainment, featuring international zones, thrilling sports events, and diverse cultural activities that captivate audiences from around the globe.

Further celebrating heritage and local industry, the AlUla Dates Season is now underway, offering markets, auctions, and awards at Al-Manshiyah Plaza. This event not only showcases AlUla’s rich culture but also supports economic growth by highlighting sustainable farming and providing platform for local farmers to thrive.

Finally, in humanitarian efforts, Saudi Arabia's Project Masam has successfully cleared 829 mines in Yemen in the past week, contributing to civilian safety. This ongoing mission reflects Saudi Arabia's commitment to enhancing security and facilitating aid delivery in conflict-affected regions of Yemen.
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