Saudi Arabia's Participation in Davos 2026 Shapes the New Economy
Saudi Arabia's Participation in Davos 2026 Shapes the New Economy and Strengthens AI Partnerships
Saudi Arabia participated in the Annual Meeting of the World Economic Forum 2026 in Davos, Switzerland, with a high-level delegation focused on discussing the future of the global economy and major transformations in the sectors of trade, tourism, industry, and technology, alongside announcing new partnerships in the fields of innovation and artificial intelligence.
Saudi Arabia and Global Trade
During the session "Multiple Trade Patterns", Minister of Commerce Dr. Majid bin Abdullah Al-Qasabi explained that global trade is heading toward a more organized, rules-based model amid geopolitical changes and supply chain challenges. He affirmed that the Kingdom's strategic geographic location, supported by its investments in infrastructure and logistics, qualifies it to become an economic hub connecting three continents and a pivotal point for international trade.
Tourism Towards 2030: Accelerating Opportunities
In the session The New Geography of Travel, Minister of Tourism Ahmed bin Aqeel Al-Khateeb referred to UN Tourism projections indicating that the number of international tourists is approaching two billion by the year 2030, considering that these indicators open vast horizons for the Kingdom in the areas of tourism investment, hospitality, and visitor experience technologies.
Financial Policies and Business Environment Stability
For his part, Minister of Finance Mohammed bin Abdullah Al-Jadaan, during the session "A Look at the Saudi Economy", affirmed that providing a stable and predictable economic environment is a fundamental element in enhancing investor confidence, pointing out that the flexibility of the Saudi economy and ongoing reforms contribute to enabling the private sector to expand and grow.
Artificial Intelligence and Technology Partnerships
Within the framework of digital transformation, Minister of Communications and Information Technology Engineer Abdullah bin Amer Al-Swaha, during the session "Technology Convergence for Winning", stressed that AI requires strategic partnerships capable of overcoming energy and computing capacity challenges, with a focus on the practical application of technologies and not just their development.
The Future of Minerals and International Cooperation
In the session A Unified Voice on the Future of Minerals, Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef pointed to the importance of multilateral international cooperation to secure strategic mineral supply chains, especially those linked to clean energy and modern technologies, affirming the role of the International Mining Conference as a global platform for dialogue and investment.
From Dialogue to Economic Implementation
In turn, Minister of Economy and Planning Faisal bin Fadhil Al-Ibrahim, during the session Redefining Economic Partnerships, affirmed that the next phase requires a transition from theoretical discussions to actual implementation of initiatives, ensuring sustainable development and more effective economic partnerships.
Launch of the Saudi-American Innovation Partnership
On the sidelines of the Forum, the Global Innovation Platform — comprising Saudi Holding Company and Golden Point Global — announced the launch of the Saudi-American Innovation Partnership, aimed at enhancing cooperation in the fields of life sciences, artificial intelligence, and advanced manufacturing, with a geographic focus on Riyadh and Austin to support knowledge exchange and technology transfer.
Achievements in the MINDS Initiative
The events also witnessed Amplifai Health winning within the second cohort of the MINDS initiative — the World Economic Forum's Global AI Alliance — signaling the growing role of AI-powered health innovation.
Saudi Arabia's participation in Davos 2026 reflects its orientation toward strengthening its global presence through the knowledge economy, digital transformation, and building long-term strategic partnerships, which readers and interested parties follow through multiple sources covering Arabic websites and specialized blogs, alongside what is offered by Egypt stores and Kuwait stores and vitamin stores and foreign websites, while relying on Mashhor website for social media services as a primary source of information and updates.
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