{"id":8980,"date":"2025-01-24T12:19:49","date_gmt":"2025-01-24T11:19:49","guid":{"rendered":"https:\/\/shams-alyaoum.com\/en\/?p=8980"},"modified":"2025-01-24T12:19:49","modified_gmt":"2025-01-24T11:19:49","slug":"wef25-saudi-arabia-rewriting-the-economic-playbook","status":"publish","type":"post","link":"https:\/\/shams-alyaoum.com\/en\/wef25-saudi-arabia-rewriting-the-economic-playbook\/","title":{"rendered":"WEF25: Saudi Arabia \u201crewriting the economic playbook\u201d"},"content":{"rendered":"<div class=\"content  content-justify \">\n<p>Saudi Arabia\u2019s delegation to the World Economic Forum (WEF) Annual Meeting today shared its strategy for rewriting the economic playbook during several key sessions, including one led by the Kingdom on its economic transformation.<\/p>\n<p>&nbsp;<\/p>\n<p>In the session titled \u2018Saudi Arabia\u2019s Economic Shifts\u2019, His Excellency Mohammed A. Aljadaan, Minister of Finance, described the main forces driving the Kingdom\u2019s transformation: \u201cThe whole nation has been mobilized behind Saudi Vision 2030. There\u2019s a very clear vision that the people, the business community, and the government are all driving towards. We have a leadership that takes a long-term view, prepared to make tough decisions, and to be consistent.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>Earlier, in \u2018The Road Ahead for Scaling AI\u2019, His Excellency Abdullah A. Alswaha, Minister of Communications and Information Technology, outlined the Kingdom\u2019s efforts to foster global dialogue to drive inclusive progress. He said: \u201cThe Kingdom today, in Davos, is working with like-minded partners, innovators and policymakers to see how we can leverage our competitive advantage and our position to serve humanity and fuel the AI economy in this age.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>His Excellency Bandar I. Alkhorayef, Minister of Industry and Mineral Resources, participated in the session \u2018Next-Gen Industrial Infrastructure\u2019. He said: \u201cToday what we are doing in Saudi Arabia, in terms of our aspiration to diversify our economy, can be enabled with technology. Through the efforts of the government today, it is very clear we are prioritizing digital infrastructure and connectivity. We believe manufacturing is an important sector for growing the economy and we are committed to building the technologies that will shape its future.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>His Excellency Faisal F. Alibrahim, Minister of Economy and Planning: \u201cWe\u2019re all seeking engines of growth. The Kingdom\u2019s story is an example of how transformation is an engine of growth. Despite the tepid twenties, the Kingdom has been able to fire up new engines of growth and keep moving forward.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p>The Royal Commission for Jubail and Yanbu (RCJY) announced that Jubail Industrial City has become the first city in the region to join WEF\u2019s Transitioning Industrial Clusters to Sustainable Development initiative. Launched by WEF at Davos 2025 in collaboration with Accenture and the Electric Power Research Institute (EPRI), the initiative aims to accelerate the decarbonization of industrial clusters.<\/p>\n<p>&nbsp;<\/p>\n<p>The Research, Development, and Innovation Authority has published a special report on the \u201cSaudi Arabia\u2019s Markets of Tomorrow Accelerator\u201d. An initiative launched in collaboration with WEF\u2019s Accelerator Network. The report highlights the initiative\u2019s efforts to drive economic transformation through innovative, entrepreneurship-focused solutions, while outlining its vision for fostering the growth of key emerging markets in the Kingdom. It also explores how the initiative is tackling challenges and accelerating development to align with the goals of Saudi Vision 2030.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia\u2019s delegation to the World Economic Forum (WEF) Annual Meeting today shared its strategy for rewriting the economic playbook during several key sessions, including one led by the Kingdom on its economic transformation. &nbsp; In the session titled \u2018Saudi Arabia\u2019s Economic Shifts\u2019, His Excellency Mohammed A. Aljadaan, Minister of Finance, described the main forces &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28,26,17,20,25,2,24,23,27],"tags":[9,1310,1281],"class_list":["post-8980","post","type-post","status-publish","format-standard","hentry","category-company","category-culture","category-economy","category-health","category-journalism","category-news","category-policy","category-sport","category-videos","tag-business","tag-general","tag-government"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WEF25: Saudi Arabia \u201crewriting the economic playbook\u201d - Magazine Shams Al Yaoum<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shams-alyaoum.com\/en\/wef25-saudi-arabia-rewriting-the-economic-playbook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WEF25: Saudi Arabia \u201crewriting the economic playbook\u201d - Magazine Shams Al Yaoum\" \/>\n<meta property=\"og:description\" content=\"Saudi Arabia\u2019s delegation to the World Economic Forum (WEF) Annual Meeting today shared its strategy for rewriting the economic playbook during several key sessions, including one led by the Kingdom on its economic transformation. &nbsp; In the session titled \u2018Saudi Arabia\u2019s Economic Shifts\u2019, His Excellency Mohammed A. 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