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.
The president's remarks follow an announcement by Saudi Arabia's Crown Prince that the kingdom will invest $600 billion in the US.
Saudi Arabia has expressed its support for maintaining stability in the global oil market, despite U.S. President Donald Trump urging the Middle Eastern nation to lower oil prices. When asked about Donald Trump’s proposal during an appearance at the Davos forum in Switzerland,
You’ve Got To Bring It Down’: Trump Directly Calls On Saudi Arabia & OPEC To Lower Oil Prices President Trump called on Saudi Arabia and OPEC to lower oil prices at the WEF in Davos, Switzerland, on Thursday.
Travel and tourism builds diversified and resilient economies”: Saudi Arabia Minister of Tourism, HE Al-Khateeb, tells WEF Annual Meeting in Davos
DAVOS, Switzerland (Reuters) - 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.
U.S. President Donald Trump on Thursday said he will demand Saudi Arabia and OPEC bring down the cost of oil and will ask Riyadh to increase a planned U.S. investment package to $1 trillion from an initial reported $600 billion.
President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.
Saudi Arabia’s membership in the BRICS bloc of emerging economies is still being assessed more than a year after the kingdom was invited to join the alliance, according to the country’s minister of economy and planning.
Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.
Saudi Arabia's state oil company Aramco bought its first cargo of WTI Midland, a U.S. crude oil grade that underpins the global Brent benchmark, oil-index publisher S&P Global Commodity Insights said on Wednesday.
DAVOS, Switzerland (Reuters) -Saudi Economy Minister Faisal Alibrahim said on Friday that the kingdom's $600 billion expanded package with the United States includes investments as well as procurement from the public and private sectors.