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Prince Faisal leads Saudi delegation to Davos, urges global cooperation

Davos – Saudi Arabia’s participation at the World Economic Forum in Davos underlines the Kingdom’s growing role in shaping global dialogue on economic stability, sustainable development, and international cooperation, as a senior delegation led by Foreign Minister Prince Faisal bin Farhan prepares to engage with global leaders from January 19 to 23.

The forum, held under the theme “A Spirit of Dialogue,” provides a strategic platform for Saudi Arabia to share its Vision 2030 experience while reinforcing partnerships that address shared global challenges in an increasingly interconnected world.

Prince Faisal emphasized that long-term prosperity cannot be achieved by governments acting alone, stressing that meaningful collaboration between the public and private sectors is essential for sustainable growth, resilience, and innovation.

He noted that Saudi Arabia views the World Economic Forum as a vital space for exchanging ideas on economic transformation, environmental responsibility, technological advancement, and human development, all of which are core pillars of the Kingdom’s national vision and reform agenda.

The Saudi delegation includes senior officials responsible for finance, investment, economy and planning, commerce, tourism, industry and mineral resources, as well as communications and information technology, reflecting the breadth of the Kingdom’s reform efforts.

Their participation in bilateral meetings and public sessions is aimed at deepening cooperation with international partners, attracting investment, and showcasing Saudi Arabia’s progress in diversifying its economy beyond oil while strengthening institutional capacity and competitiveness.

Prince Faisal highlighted that Saudi Arabia continues to develop new business models and policy frameworks that encourage innovation, enhance productivity, and create high-quality investment opportunities aligned with global trends.

He added that the Davos forum enables constructive engagement with governments, business leaders, and civil society representatives on pressing issues such as global economic uncertainty, climate challenges, digital transformation, and inclusive growth, all of which require collective action and shared responsibility.

Saudi House will also return to Davos in 2026 after its successful debut, hosting more than 20 focused sessions on investment, human capability development, quality of life, and global collaboration.

These sessions are designed to present Saudi perspectives, facilitate dialogue, and build bridges between international stakeholders, reinforcing the Kingdom’s image as an active contributor to global solutions rather than a passive participant.

The 56th World Economic Forum annual meeting is expected to attract around 3,000 participants from nearly 130 countries, including heads of state, government officials, CEOs, and thought leaders.

Saudi Arabia’s strong presence at the forum reflects its confidence in its reform trajectory and its willingness to engage openly with the world to promote stability, shared prosperity, and sustainable development through dialogue and cooperation.