SMEP
The Kingdom of Saudi Arabia will host a high-level World Economic Forum (WEF) Special Meeting that will focus on global cooperation, growth and energy, on 28-29 April 2024, in Riyadh.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240119826685/en/
The Kingdom of Saudi Arabia will host a World Economic Forum Special Meeting in Riyadh in April 2024. (Photo: AETOSWire)
Announced by His Excellency Faisal F. Alibrahim, Minister of Economy and Planning, and Børge Brende, World Economic Forum President, at the 54th Annual Meeting of the WEF in Davos, Switzerland, the new event is part of a landmark agreement between Saudi Arabia and the Forum.
The gathering will convene more than 700 global leaders from the public and private sector, international organizations, non-governmental organizations (NGOs), academia and civil society to foster dialogues between countries to revive international cooperation and address current challenges to growth and development.
Announcing the event, His Excellency Alibrahim said: “The Kingdom of Saudi Arabia and Riyadh is becoming a global capital for progress and thought leadership on the critical topics of our time.
“The World Economic Forum Special Meeting in Riyadh will focus on global collaboration, growth, and energy. We believe this new platform will enable the World Economic Forum, the Kingdom, and our global partners to further engage in cooperative dialogues and find the right answers to the challenges we have at hand.”
Børge Brende, President of the WEF, remarked, “At a time of growing divides between developed and emerging economies, there is a pressing need to not only identify areas of shared interests but foster new, impactful partnerships.
“As a critical player at the intersection of many of the world’s economies, Saudi Arabia is uniquely positioned to work alongside both developed and developing markets to foster cooperation between the two, and help them reach their long-term commerce, energy, and finance goals.”
Being hosted in Riyadh, the capital of the largest economy in the Middle East, a world-leading hub between Asia, Africa and Europe, and a midway point between the Global South and the Global North, the WEF Special Meeting will provide a platform for global leaders to assess current challenges and propose transformative ideas to create a positive global impact.
Following Saudi Arabia’s presidency of the G20 in 2020, and building on the long-standing partnership between Saudi Arabia and the World Economic Forum, this latest collaboration underscores the Kingdom's commitment to continue shaping the future agenda, fostering international cooperation, and addressing global challenges.
Watch the announcement: https://bit.ly/3HrpCRA
Source: AETOSWire
To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240119826685/en/
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
Volante Technologies introduces Multi-cloud Resiliency Service to ensure non-stop payments processing during major cloud outages21.1.2026 15:00:00 CET | Press release
New premium service delivers cross-cloud failover with zero data loss for banks, eliminating single-cloud dependency and helping banks meet rising operational resilience expectations Volante Technologies, the global leader in Payments as a Service (PaaS), today announced the launch of its premium Multi-cloud Resiliency Service, engineered to keep financial institutions’ payment operations running seamlessly during major cloud provider outages. Built on Volante’s proven cloud-native payments platform, the service provides true cross-cloud continuity, eliminating single-cloud/provider dependency for the payments layer. Recent large-scale outages across hyperscale cloud providers have demonstrated the real-world impact of cloud concentration risk for banks: delayed or failed transactions, SLA penalties, customer churn, operational recovery costs, and reputational damage. While industry research estimates financial sector outages can exceed $2 million per hour, the financial exposure for m
Ras Al Khaimah Ruler Inaugurates 14th Ras Al Khaimah Art Festival21.1.2026 14:50:00 CET | Press release
The festival brings together more than 100 artists from 49 countriesIt is a leading cultural platform, celebrating artistic excellence, fostering international exchange and reinforcing the Emirate’s role as a host for cultural dialogue His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, inaugurated the 14th edition of Ras Al Khaimah Art Festival at Al Jazeera Al Hamra Heritage Village, marking the opening of the Emirate’s flagship annual cultural event. The festival is organized by the Sheikh Saud bin Saqr Al Qasimi Foundation for Policy Research and runs until February 8 under the theme ‘Civilizations’. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260121583855/en/ Ras Al Khaimah Art Festival, officially opened by His Highness Sheikh Saud bin Saqr Al Qasimi, UAE Supreme Council Member and Ruler of Ras Al Khaimah, has successfully completed its opening weekend, where cultures
Duetti Secures $200 Million to Scale Independent Music Catalog Acquisitions and Enhance Platform Capabilities21.1.2026 14:01:00 CET | Press release
Funding Led by a $50 Million Series C Equity Investment from The Raine Group Duetti Inc. (“Duetti” or the “Company”), the music-tech and financial services company that empowers independent music creators to unlock the value of their music catalogs, today announces it has secured $200 million in new funding to accelerate music catalog acquisitions and expand its technology and services globally. The financing is led by a $50 million Series C equity investment by Raine Partners, the flagship growth equity fund of The Raine Group, alongside a second $125 million private securitization and a $25 million increase of an existing credit facility. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260121033285/en/ In over three years, Duetti has raised over $635 million, including over $100 million in equity, to support the global independent music community. To date, the Company has partnered with more than 1,100 artists, songwriters,
Board Collaborates with Microsoft to Bring Agentic AI Into the Core of Enterprise Planning21.1.2026 14:00:00 CET | Press release
Domain-Specific, Enterprise-Ready AI Agents Support Continuous Planning Across Finance, Supply Chain and Merchandising Board, one of the leading Enterprise Planning Platforms, today announced the launch of Board Agents built on Microsoft Foundry. Board Agents deliver an intelligent suite of domain-specific, enterprise-ready AI agents that support real-world planning decisions across finance, supply chain, and merchandising. This marks the first Board enterprise planning capability developed with Microsoft Foundry, using Microsoft Azure’s agentic AI tools and services to accelerate secure, cloud-native AI innovation. The initial release includes FP&A and Controller Agents for the Office of Finance, with Merchandiser and Supply Chain Agents to follow. Board Agents are built natively into the Board Enterprise Planning Platform, providing a secure, governed foundation for applying agentic AI to high-impact planning use cases. “As interest in AI accelerates, many customers are looking for c
Copeland Advances AI and Digital Strategy with Acquisition of Bueno Analytics21.1.2026 13:00:00 CET | Press release
Acquisition integrates advanced SaaS capabilities to deliver smarter, data‑driven HVAC and cold chain solutions Copeland, a global provider of compression technologies and controls solutions, announced today that it has entered into an agreement to acquire Bueno Analytics (“Bueno”), an Australia-based company specializing in SaaS solutions that leverage embedded AI and machine learning to deliver building analytics, energy management and operational efficiency across commercial buildings and the cold chain. Bueno’s platform is deployed across several thousand customer sites worldwide, providing broad connectivity, full portfolio visibility and critical operational insights. Buildings account for an estimated 40% of global carbon emissions, with commercial buildings and the cold chain representing a significant share of that impact. The integration of Bueno’s platform with Copeland’s deep domain expertise will deliver a powerful suite of capabilities, including predictive maintenance, e
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom
