RIYADH — Saudi Arabia will send a high-level delegation, comprising ministers, officials and CEOs, to the World Economic Forum in Davos.

The Saudi participation comes to enhance international cooperation and design joint solutions to today’s geopolitical, social, economic, and human development challenges.

Returning to its regular winter format after the first summer Forum was hosted in May 2022 due to the COVID-19 pandemic, this year’s Davos session will run from Jan. 16 to 20 under the theme of “Cooperation in a Fragmented World”.

Reflecting the Kingdom’s balanced approach to geopolitical bridging between all nations and regions to reduce near-term risks while driving multilateral reform, Foreign Minister Prince Faisal Bin Farhan will lead Saudi Arabia’s delegation.

The delegation includes Saudi ambassador to the US Princess Reema Bint Bandar, Minister of State for Foreign Affairs and Climate Affairs Envoy Adel Al-Jubeir, Minister of Investment Khalid Al-Falih, and Minister of Finance Mohammed Al Jadaan.

The delegation also includes, Minister of Communications and Information Technology Abdullah Al-Swaha, Minister of Industry and Mineral Resources Bandar Alkhorayef, Minister of Economy and Planning Faisal Al-Ibrahim and CEO of the Royal Commission for Riyadh City Fahd Al-Rasheed.

During their participation at WEF23, the delegation will outline progress achieved under Saudi Vision 2030, since the transformation program was launched in 2016 by Prince Mohammed Bin Salman to build a vibrant, diversified economy that is open to collaboration with the world.

The Saudi delegation will highlight the need to invest in transformative solutions to urgent transnational challenges, fortify the resilience and connectivity of critical trade and supply chains, and emphasize the importance of inclusive energy security for all.

Saudi Arabia is emerging as the fastest growing G20 economy in 2022 with GDP projected to grow 8.5 percent.

The Kingdom’s delegation to WEF will discuss how the country addressed challenges posed by the pandemic and share insights into the solutions that helped maintain a robust performance in the face of rising global pressures. — SG