Davos, January 17, 2024, Minister of Foreign Affairs, Prince Faisal bin Farhan bin Abdullah, actively participated in a session today during the 2024 annual meeting of the World Economic Forum in Davos, Switzerland. The session, chaired by the Kingdom of Saudi Arabia, was titled "Diversified and Innovation-Based Investment in the Kingdom of Saudi Arabia."
The central theme of the session revolved around Saudi Arabia's ongoing efforts towards economic diversification, with a particular emphasis on the significance of exploring diverse investment opportunities. The session served as a platform to highlight the Kingdom's accelerated initiatives aimed at achieving economic resilience, fostering private sector growth, and implementing regulatory reforms to attract both local and international investments.
This participation in the World Economic Forum underscores Saudi Arabia's commitment to engaging with the global community, promoting economic diversification, and positioning itself as an attractive destination for innovative and sustainable investments. The session provided a valuable opportunity to showcase the Kingdom's progress and future prospects, contributing to the broader dialogue on global economic development.