From Davos to Jeddah: Saudi Arabia Launches a New Hub for Global Cooperation
Davos | BETH
Saudi Arabia concluded its participation in the 2026 World Economic Forum Annual Meeting, held in Davos, Switzerland, from January 19 to 23, by announcing that it will host the Forum’s international meeting on Cooperation and Growth, titled “Building Common Ground and Strengthening Growth”, in Jeddah on April 22–23.
The Kingdom’s high-level delegation, led by Prince Faisal bin Farhan, Minister of Foreign Affairs, took part in a series of high-impact dialogues and oversaw the launch of strategic initiatives aimed at addressing global challenges and seizing emerging growth opportunities.
During the Forum, the Saudi delegation reaffirmed the Kingdom’s call for constructive dialogue, practical cooperation, and collective action as key pillars for transformational growth, stability, and sustainable prosperity. Delegation members also participated in public and closed-door sessions, bilateral meetings, and conducted interviews with international media outlets.
The delegation included a number of senior officials, among them Princess Reema bint Bandar, Saudi Ambassador to the United States, as well as the Ministers of Commerce, Tourism, Investment, Finance, Communications and Information Technology, Industry and Mineral Resources, and Economy and Planning.
Saudi officials participated in key sessions, including:
Global Economic Outlook
An Outlook on the Saudi Economy
Quality of Life 2030 and Beyond
Future Economies: Accelerating Toward 2050
From Reform to Implementation
Designing Human Capability Systems
SAUDI HOUSE
As part of its participation, the Ministry of Economy and Planning organized the SAUDI HOUSE pavilion for the second consecutive year, hosting more than 20 dialogue sessions under the NextOn program, with the participation of global thought leaders, ministers, and CEOs.
The pavilion’s program focused on six core pillars aligned with Saudi Vision 2030:
Ambitious Vision, Data for Impact, Human Capability Development, Quality of Life, Investment and Cooperation, and Welcoming the World.
SAUDI HOUSE saw broad participation from government and private-sector entities, alongside national and international companies and initiatives, attracting more than 10,000 visitors—double the attendance recorded in the previous edition.
Strategic Initiatives and Agreements
Several major initiatives and agreements were announced during the Forum, most notably:
The signing of a framework financing agreement worth up to $1.2 billion to support artificial intelligence projects and digital infrastructure.
The launch of the Business4Land Leaders Council under COP16 to advance land restoration and combat desertification.
The introduction of the Industrial Lighthouse Operating System, in cooperation with the World Economic Forum, to accelerate industrial transformation.
The announcement that Saudi Arabia will host the first Global Coral Reef Summit.
The launch of the Saudi–U.S. Innovation Partnership to strengthen cooperation in life sciences, artificial intelligence, and advanced manufacturing.
Conclusion | BETH
Saudi Arabia’s participation in Davos 2026 reflects a clear transition from interactive presence to influential partnership, and from presenting vision to leading global initiatives, reinforcing the Kingdom’s role as a key player in shaping the future of the global economy and sustainable development.