The high-profile event is anticipated to draw heads of state and senior executives from both the public and private sectors.

The primary objective of the gathering is to address a variety of global economic concerns and advancements under the theme "Global Collaboration, Growth and Energy for Development."

The WEF meeting aims to generate solutions for pressing global challenges, encompassing humanitarian issues, climate change, and economic growth.

In addition to the main event, Riyadh will also host ancillary exhibitions and other activities to showcase the latest advancements and trends in areas such as sustainability, innovation, and culture.

The decision to hold the special WEF meeting in Riyadh underscores the strong partnership between Saudi Arabia and the World Economic Forum, according to officials.