Some more details on Saudi Arabia's transformative Neom gigaproject have been revealed, including its ambitious timeline and how people will actually go about living in its incredible futuristic city,
President Donald Trump touted a new $600 billion investment from Saudi Arabia during a speech to world leaders in Davos.
Two buildings branded "Saudi House" and "Saudi At Davos" stand out on the chic main street of the Swiss Alpine village hosting the World Economic Forum, showcasing the kingdom's growing presence at major international events.
A high-level delegation from the Kingdom of Saudi Arabia has concluded its participation in the 55th Annual Meeting of the World Economic Forum (WEF) in Davos, Switzerland, culminating in an announcement that the Kingdom will host a regular high-level World Economic Forum (WEF) Global Meeting in Riyadh starting in Spring 2026.
Davos: Saudi Arabia has called for a “reshaping of the global economic approach” amidst severe disruptions and trade tensions that are impacting global growth rates and, consequently, the standard of living for individuals worldwide.
Trump has had a close relationship with the crown prince, Mohammed Bin Salman, even as his real estate company does major deals with oil-rich kingdom.
Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration contributing to the risk of a war between Israel and Iran, addressing an issue the region has feared since the start of Israel's war in Gaza.
Saudi Arabia "needs to punch at (its) weight" on the global stage given its growing institutional presence and the return of Donald Trump, the kingdom's finance minister told AFP in Davos.
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
The comments from Crown Prince Mohammed bin Salman came after President Donald Trump mused about returning to the kingdom as his first foreign trip.
Saudi Arabia's Economy Minister announced a $600 billion investment and trade partnership with the United States. The plan, revealed by the Crown Prince, includes both public and private sector contributions.
The global WEF meeting in Riyadh will serve as a vital platform for global leaders, experts, policy- and decision-makers from diverse fields