Browsing: Growth

Davos, Switzerland. 23 January 2026 – Saudi Arabia will host the World Economic Forum (WEF) Global Collaboration and Growth Meeting: Building Common Ground and Reviving Growth in Jeddah on 22-23 April 2026, it was announced on the closing day of the 56th Annual Meeting of the Forum in Davos, Switzerland. His Excellency Faisal F. Alibrahim, Saudi Arabia’s Minister of Economy and Planning today confirmed the details for the regular high-level WEF meeting, which was announced at the 2025 WEF Annual Meeting. Calling for pragmatism and collaboration against a backdrop of geopolitical fragmentation, HE Alibrahim said “stability ca

Riyadh, January 07, 2026, SPA — The Kingdom of Saudi Arabia marked a significant milestone in the maritime transport sector in 2025, with its national fleet recording a 32% growth rate compared to 2024. The achievement secures Saudi Arabia the second-highest growth rate globally among Group of Twenty (G20) nations. The rapid growth reflects the continuous development of the Kingdom’s maritime sector, driven by strategic regulatory initiatives, increased investment, modernized legislative frameworks, and the enhanced efficiency of national fleets. The performance marks a substantial leap from the 6.4% growth rate recorded at the b