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,

RIYADH — Saudi Arabia will host a recurring high-level World Economic Forum (WEF) global meeting in Riyadh, with the inaugural event scheduled for Spring 2026.The announcement was made by Saudi Arabia’s Minister of Economy and Planning,

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 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 real gross domestic product increased 1.3% in 2024, preliminary government data released on Thursday showed.

DAVOS, Switzerland--(BUSINESS WIRE)--The Kingdom of Saudi Arabia will host a regular high-level World Economic Forum (WEF) global meeting in Riyadh, with the first slated for the Spring of 2026 ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them. The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically insulates the Fed from direct political interference.

President Donald Trump has boasted about bringing a more transactional approach to his relationship with world leaders. Just over a week into his second term, many have shown they’re eager to make the deals he treasures.

On January 27, Italian Prime Minister Giorgia Meloni said Italy is in favor of Saudi Arabia joining the Global Combat Air Program (GCAP), according to the Italian Prime Minister’s Office. Italy, Japan, and the U.K. launched the GCAP in December 2022 with a goal of deploying the next-generation fighter by 2035.

The price tag for Saudi Arabia’s ambitious plans runs into the trillions of dollars if fully built, far more than the country’s $1 trillion wealth fund. The U.K., Italy and Japan have already partnered on the Global Combat Air Programme, which aims to put a new stealth fighter with supersonic capability in the skies by 2035.

The current Islamic year is 1445 AH. Today Islamic date in Saudi Arabia Islamic Date Today –Islam is the second biggest religion in the world with around 1.8 billion followers. The Muslim population is present not only in Muslim countries but also in ...

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.