Saudi Arabia and OPEC's focus is on ensuring long-term market stability to meet growing demand, including from the U.S. and the rise of artificial intelligence, Saudi Minister Alibrahim said. Read also: Saudi summit helped isolate Russia,

Saudi Arabia will host regular meetings of the World Economic Forum, starting from spring 2026, Saudi Economy Minister Faisal Alibrahim said on Friday at the end of a panel at the Forum in Davos. "We look forward to welcoming the global community again in Saudi Arabia in the spring of 2026," he said.

Saudi Arabia's economy returned to growth in 2024, with real gross domestic product increasing 1.3% compared to the previous year, preliminary government data released on Thursday showed, with non-oil sector activities lifting overall GDP.

Saudi Arabia’s real gross domestic product increased 1.3% in 2024, preliminary government data released on Thursday showed. The growth marks a return to economic expansion after the previous year and was primarily driven by non-oil sector activities,

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.

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.

Saudi Arabia’s participation in the annual meeting of the World Economic Forum (WEF) in Davos underscores its position as one of the world's top 20 ec

During a speech to the World Economic Forum on Thursday, President Donald Trump pressured the Saudi Crown Prince to increase his planned $600 billion investment in the U.S. "to a round $1 trillion" and to lower the global price of oil.

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 is looking for mining deals in a push to secure supplies of critical minerals for its industrialization plan, just as a wave of attempted consolidation sweeps the sector.

Finance Minister Muhammad Aurangzeb met with his Saudi counterpart Mohammad bin Abdullah Al-Jadaan on the sidelines of World Economic Forum Annual Meeting in Davos. Muhammad Aurangzeb highlighted the key reform measures undertaken by the Government to promote economic stability and sustainable growth.

Trump wants Saudi Arabia to end the Russia-Ukraine war. How it could do that, Trump believes, is by dropping the price of oil