Saudi Arabia Welcomes the World Economic Forum’s Global Summit

The Kingdom of Saudi Arabia has officially been chosen to host the World Economic Forum’s (WEF) annual high-level global meeting, which is set to take place in Riyadh during the spring of 2026. This significant announcement was made by His Excellency Faisal F. Alibrahim, the Kingdom’s Minister of Economy and Planning, alongside Børge Brende, President of the World Economic Forum, on the concluding day of the WEF’s 55th Annual Meeting held in Davos, Switzerland.

The upcoming WEF Riyadh will serve as a vital platform for dialogue, collaboration, and innovation. Global leaders, policymakers, and experts spanning various sectors—from public and private enterprises to academia, international organizations, and civil society—are expected to convene. This gathering will aim to address the pressing challenges that define today’s world, fostering discussions on critical issues and shaping actionable solutions.

A Milestone for Saudi Arabia

In his remarks, His Excellency Faisal F. Alibrahim expressed immense pride in Saudi Arabia’s selection to host such a prestigious event. He emphasized the Kingdom’s growing prominence on the global stage and its ability to provide a platform for meaningful discussions and partnerships.

“Hosting the World Economic Forum’s regular global meeting demonstrates that Saudi Arabia has emerged as a hub for dialogue, cooperation, and innovation. This meeting offers a unique opportunity to strengthen international ties and capitalize on the vast opportunities that lie ahead,” he stated.

The Minister highlighted the critical timing of this event, given the challenges and opportunities shaping the global economy. He conveyed confidence that collective efforts could lead to a more inclusive, hopeful, and prosperous future. “At this critical juncture for the global economy, we are not only inspired by the opportunities ahead but also confident in our ability to work together to build a brighter future. We eagerly await the chance to welcome the global community to Riyadh in 2026,” Alibrahim added.

Global Perspective on the Announcement

Echoing this sentiment, Børge Brende, President of the World Economic Forum, expressed optimism about the Forum’s return to Saudi Arabia. “The World Economic Forum looks forward to its 2026 meeting in the Kingdom. Announcing this at the conclusion of the 55th WEF Annual Meeting underscores the urgency of the decisive actions needed in the coming years,” he remarked. Brende also stressed that the progress achieved in the months leading up to the meeting would have long-term implications, setting the stage for sustainable development and global cooperation.

Saudi Arabia Welcomes the World Economic Forum's Global Summit

Building on Previous Successes

Saudi Arabia’s hosting of the WEF’s annual global meeting follows the success of the Forum’s special meeting held in Riyadh in April 2024. That event highlighted the Kingdom’s commitment to fostering dialogue between developed and developing economies, as well as driving inclusive global growth. The upcoming meeting in 2026 is expected to build on these achievements, reinforcing Saudi Arabia’s position as a central player in addressing global challenges and shaping the international agenda.

The choice of Riyadh as the host city reflects Saudi Arabia’s strategic importance as a bridge connecting diverse regions, including the North and South, and the East and West. The Kingdom’s dedication to constructive dialogue and its proactive approach to tackling complex global challenges make it an ideal location for the Forum’s discussions. By hosting this event, Saudi Arabia will further solidify its role as a key driver of innovation and collaboration on the world stage.

A Platform for Inclusive Growth

The WEF Riyadh 2026 meeting is expected to attract participants from across the globe, including leaders from government, business, academia, and civil society. This diverse representation will ensure that the discussions address a broad spectrum of perspectives, enabling a comprehensive approach to problem-solving. The event will focus on fostering partnerships that drive inclusive growth and sustainable development, aligning with the Kingdom’s broader vision of global cooperation and progress.

Saudi Arabia’s leadership has consistently emphasized the importance of fostering partnerships that benefit both developed and developing economies. Hosting the World Economic Forum’s annual meeting provides a unique opportunity to advance these goals, creating a platform for collaborative solutions to global challenges.

Preparing for a Defining Global Event

The 2026 WEF meeting in Riyadh is poised to be a landmark event, reflecting the Kingdom’s commitment to shaping the global agenda. As preparations get underway, the focus will be on ensuring that the event delivers meaningful outcomes, addressing key issues such as economic resilience, environmental sustainability, technological innovation, and social inclusion.

This milestone event is not only a recognition of Saudi Arabia’s growing influence but also an opportunity for the Kingdom to showcase its advancements in various fields. From infrastructure development to technological innovation, Saudi Arabia’s achievements will be on display, inspiring global participants to envision new possibilities for collaboration and growth.

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