Riyadh: The Kingdom of Saudi Arabia will host a regular high-level World Economic Forum (WEF) global meeting in Riyadh, with the first event scheduled for the Spring of 2026, it was announced today.

According to BERNAMA News Agency, the announcement was made by His Excellency Faisal F. Alibrahim, Minister of Economy and Planning, and B¸rge Brende, World Economic Forum President. This declaration took place on the final day of the 55th Annual Meeting of the World Economic Forum in Davos, Switzerland.

The decision marks a significant development for Saudi Arabia as it strengthens its position on the global economic stage. Hosting the WEF meeting is expected to bring together leaders and experts from various sectors to discuss pressing global economic issues and foster international collaboration.

The upcoming meetings in Riyadh are anticipated to cover a wide range of topics, including economic policies, technological advancements, and sustainable development. These discussions aim to create opportunities for networking and partnerships among global leaders, businesses, and policymakers.

The Kingdom's commitment to hosting this prestigious event reflects its ongoing efforts to diversify its economy and enhance its role in international economic dialogues. The collaboration with the World Economic Forum underscores Saudi Arabia's strategic vision for advancing both regional and global economic agendas.