WEF25: Saudi Delegation Calls for Nations to Put “Greater Good” First
The international community must prioritize cooperation and dialogue to overcome the challenges of a fragmented world, the Saudi delegation to the World Economic Forum (WEF) Annual Meeting 2025 said today.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250122231862/en/
Saudi delegates to the World Economic Forum Annual Meeting in Davos participate in a panel session at the Saudi House pavilion, stressing the need to foster global dialogue and shape a prosperous future (Photo: AETOSWire)
Calling for global collaboration to shape a prosperous future, Saudi Arabia’s Minister of Foreign Affairs, His Highness Prince Faisal bin Farhan bin Abdullah, said: “When we prioritize the greater good over narrow interests, we can work towards something that delivers for all of us. And although we will face difficult challenges this year, and in the years to come, I have to hope that we will all, as the global community, focus on working together on solving problems.”
Discussing global trade, His Excellency Dr. Majid A. Alkassabi, Minister of Commerce, said: “We need to have a new global trade book, we need to find alternative sources of supply to reduce the risk from high-risk regions.”
Turning to travel, His Excellency Ahmed A. Al-Khateeb, Minister of Tourism, commented: “With Saudi Vision 2030, we decided to unlock all sectors, including travel and tourism. We are building destinations, airports and new airlines, and we are looking into the tourism experience, end-to-end.”
On today’s environmental imperatives, His Excellency Adel A. Aljubeir, Minister of State for Foreign Affairs, Member of the Council of Ministers and Envoy for Climate, Kingdom of Saudi Arabia, said: “Saudi Arabia launched the Middle East Green Initiative to bring together 22 countries in our region, to help them adopt a circular carbon economy approach to deal with critical environmental issues.”
His Excellency Mohammed A. Aljadaan, Minister of Finance, said: “Saudi Arabia has focused on de-escalating in the region with real actions to strengthen stability and growth, and that paid off, and will continue to do so.”
Discussing the impact of artificial intelligence (AI), His Excellency Abdullah A. Alswaha, Minister of Communications and Information Technology, said: “The Kingdom has put the foundations for the AI development we are witnessing today, and we are working with global partners to create inclusive, innovative, and impactful AI for all.”
Outlining Saudi Arabia’s immense industrial potential, His Excellency Bandar Alkhorayef, Minister of Industry and Mineral Resources, said: “We have been able to convert a desert into the largest industrial city that exports petrochemicals globally.”
Discussing the importance of diversifying sources of growth, His Excellency Faisal F. Alibrahim, Minister of Economy and Planning, said: “For the economy to detach itself from relying on oil inflows, the most efficient way to do that in the long-term is to create the space for the private sector to grow more dynamically.”
Source: AETOSWire
View source version on businesswire.com: https://www.businesswire.com/news/home/20250122231862/en/
Contacts
Wooud Alquaied
walquaied@mep.gov.sa
(c) 2024 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
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
VeriSilicon and Innobase Collaboratively Launched Second-Generation Yunbao Series 5G RedCap/4G LTE Dual-Mode Modem IP23.1.2025 01:00:00 CET | Press Release
VeriSilicon (688521.SH) today announced the joint launch of the second-generation Yunbao series 5G RedCap/4G LTE dual-mode modem IP, Yunbao 2, in collaboration with Innobase, a wireless communication technology and chip provider. This new modem IP has successfully completed production validation. The newly launched modem IP integrates and reuses 4G and 5G hardware accelerators, delivering industry-leading performance in terms of area and power consumption. This IP complies with the 3GPP 5G Rel-17 standard and supports both 5G RedCap and 4G LTE FDD/TDD, achieving uplink and downlink transmission rates of 170 Mbps and 120 Mbps, respectively. It also supports multi-SIM standby and features key 5G capabilities such as Ultra-Reliable Low Latency Communication (URLLC), 5G LAN, and network slicing. Furthermore, chips developed using the Yunbao 2 modem IP can be paired with Innobase’s production-validated high-performance dual-mode RF chips, enabling seamless product-level integration and sign
CoStar Group Partnership to Enhance Market Insights and Drive Growth for New Client Bray Fox Smith22.1.2025 17:32:00 CET | Press Release
CoStar Group, Inc. (NASDAQ: CSGP) (“CoStar Group,” “we” or “our”), a leading provider of online real estate marketplaces, information, and analytics in the property markets, has announced a new client partnership with Bray Fox Smith, a London-based commercial property consultancy focusing on Office Agency and Multi-Sector Investment and Development. This partnership will allow Bray Fox Smith to leverage CoStar’s unrivalled commercial real estate data and analytics platform to drive business growth and deliver enhanced advisory services. With access to CoStar’s extensive insights on property values, market conditions, occupancy levels, and availability, Bray Fox Smith’s team will be well-equipped to uncover a greater number of new opportunities and better understand value in the market. “At CoStar Group, we are dedicated to providing our forward-looking clients with industry-leading insights and tools they need to excel in the commercial real estate market,” said Andy Florance, Founder
Sia Unveils New Name and Refreshed Branding22.1.2025 17:17:00 CET | Press Release
This evolution reflects the firm’s commitment to optimism and unwavering focus on helping clients achieve the best possible outcomes in their transformation journeys. The refreshed brand is more than just a new look—it’s a renewed purpose. The move is designed to inspire fresh perspectives, grounded in the belief that what you can get out of change depends on how you approach it. Sia is presenting its consultants as ‘Optimists for change’, emphasizing its core business of helping clients to profit from opportunity and to overcome challenges. CEO, Matthieu Courtecuisse, shares: “As AI, climate change and cyber threats bring new challenges and opportunities, Sia is well positioned to help our clients respond. We are a next generation consultancy, born digital, augmented by data science, enhanced by creativity and driven by responsibility". “Our revised name is simpler and more memorable for us and for our clients. Our positioning of ‘Optimists for change’ reflects our ‘Can do’ attitude.
Rimini Street Announces Rimini Protect ™ Advanced Hypervisor Security for VMware, Nutanix and All Other Linux-Based Hypervisors, Powered by Vali Cyber ® , to Safeguard Against Ransomware and Other Vulnerabilities22.1.2025 15:00:00 CET | Press Release
Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, the leading third-party support provider for Oracle, SAP and VMware software, today announced the general availability of Rimini Protect™ Advanced Hypervisor Security (AHS), an exclusive solution powered by proven Vali Cyber® AI/ML security technology. The Rimini Protect AHS solution leverages these innovative capabilities that are already protecting mission-critical hypervisor infrastructure, including US military VMware deployments. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250122401764/en/ Rimini Street Announces Rimini Protect™ Advanced Hypervisor Security for VMware, Nutanix and All Other Linux-Based Hypervisors, Powered by Vali Cyber®, to Safeguard Against Ransomware and Other Vulnerabilities (Graphic: Business Wire) The Rimini Protect AHS solution combines Vali Cyber technology with Rimini Str
Qualcomm Schedules First Quarter Fiscal 2025 Earnings Release and Conference Call22.1.2025 15:00:00 CET | Press Release
Qualcomm Incorporated (NASDAQ: QCOM) today announced that it will publish the Company’s financial results for its first quarter fiscal 2025 on Wednesday, February 5, 2025, after the close of the market on the Company’s Investor Relations website, at https://investor.qualcomm.com/financial-information. The earnings release will also be furnished to the Securities and Exchange Commission (SEC) on a Form 8-K, which will be available on the SEC website at http://www.sec.gov. Qualcomm will host a conference call to discuss its first quarter fiscal 2025 results which will be broadcast live on February 5, 2025, beginning at 1:45 p.m. Pacific Time (PT) at https://investor.qualcomm.com/news-events/investor-events/default.aspx. An audio replay will be available at https://investor.qualcomm.com/news-events/investor-events/default.aspx and via telephone following the live call for 30 days thereafter. To listen to the replay via telephone, U.S. callers may dial (877) 660-6853 and international call
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