World Energy Congress 2026 to be Hosted by Saudi Arabia

Prince Abdulaziz bin Salman Al Saud, Minister of Energy and Chairman of the Saudi Arabia member committee. (SPA)
Prince Abdulaziz bin Salman Al Saud, Minister of Energy and Chairman of the Saudi Arabia member committee. (SPA)
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World Energy Congress 2026 to be Hosted by Saudi Arabia

Prince Abdulaziz bin Salman Al Saud, Minister of Energy and Chairman of the Saudi Arabia member committee. (SPA)
Prince Abdulaziz bin Salman Al Saud, Minister of Energy and Chairman of the Saudi Arabia member committee. (SPA)

The World Energy Council has announced Riyadh, Saudi Arabia as the official host of the 27th World Energy Congress to be held 26-29 October 2026, SPA said on Thursday.
The Congress will take place at the Riyadh Front Center, strategically located in the vibrant heart of the capital and at the center of one of the world’s most important energy regions.
The award follows a highly competitive bidding process open to all the Council’s 70+ national member committees representing more than 3,000 organizations across the entire energy ecosystem.
The World Energy Congress, the world’s most prestigious, inclusive and influential energy event, has helped drive energy transitions forward for more than a century by bringing together stakeholders representing energy interests from all corners of the world.
“Saudi Arabia is pleased to have been awarded the opportunity to host the 2026 World Energy Congress at this important moment in global energy,” said Prince Abdulaziz bin Salman Al Saud, Minister of Energy and Chairman of the Saudi Arabia member committee.
He added: “As a century-old gathering, the World Energy Congress holds a special place in the calendars of world energy leaders. It brings together the full range of stakeholders from energy producers through to consumers and all points in-between, as the Kingdom strives to achieve the sustainability objectives of Vision 2030. Congress participants can expect a world class Congress accompanied by a warm Saudi welcome.”
“Saudi Arabia's competitive bid clearly showcased their strategic vision for the World Energy Congress experience which includes strong institutional and government support” said Dr. Mike Howard, Chair of the World Energy Council Officers Council.
“The 27th World Energy Congress will celebrate the heritage of the event with Saudi Arabia’s strategic vision for the future of energy in today’s changing world”.
Bringing together 150+ C-suite speakers, 250+ speakers and 70+ Ministers, and 7000+ international energy stakeholders, the World Energy Congress unifies sectors, geographies, and systems to generate a more equitable energy transition.
“Congratulations to Saudi Arabia for their successful bid to host the 2026 World Energy Congress,” said Dr. Angela Wilkinson, Secretary General and CEO of the World Energy Council.
“Energy transitions are too important to be left to the energy sector alone. Collaborations are required across all energy interests and that is where the Congress excels. The World Energy Council’s global community, combined with the Kingdom’s visionary leadership, will ensure that the 27th World Energy Congress will compel world energy leadership in making faster, fairer and more far-reaching energy transitions emerge.”
Saudi Arabia will officially become host of the World Energy Congress following the upcoming 26th World Energy Congress, taking place in Rotterdam, The Netherlands. Saudi Arabia will host a country pavilion at this prestigious event.
Following the April 2024 World Energy Congress, the Congress will move to a two-year cycle.



Trump Win Ignites Crypto Frenzy that Sends Bitcoin to Record High

Trump Win Ignites Crypto Frenzy that Sends Bitcoin to Record High
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Trump Win Ignites Crypto Frenzy that Sends Bitcoin to Record High

Trump Win Ignites Crypto Frenzy that Sends Bitcoin to Record High

The price of bitcoin hit a new high Wednesday and crypto-related shares rallied as investors bet that former President Donald Trump's victory in the US presidential election will be a boon for cryptocurrencies.

Bitcoin jumped nearly 8% in early trading, climbing above $75,000 and smashing its previous record set in March. Other cryptocurrencies also soared, including ether, the world's second most popular cryptocurrency after bitcoin, which rallied 8%.

Another token, dogecoin, rocketed as much as 18%. It's the favorite cryptocurrency of billionaire Elon Musk, one of Trump's most prominent supporters, The AP reported.

Crypto-related shares outran the rest of the stock market. Coinbase, one of the biggest cryptocurrency exchanges, leaped 17%. Online brokerage Robinhood Markets, which offers crypto trading, soared 12% and MicroStrategy, which says it is the “largest corporate holder of bitcoin,” jumped 10%.

Trump was previously a crypto skeptic but changed his mind and embraced cryptocurrencies ahead of the election.

He has pledged to make America "the crypto capital of the planet" and create a “strategic reserve” of bitcoin. His campaign accepted donations in cryptocurrency and he courted crypto fans at a bitcoin conference in July. He also launched World Liberty Financial, a new venture with family members to trade cryptocurrencies.

Bitcoin is up 77% this year.

“Bitcoin is the one asset that was always going to soar if Trump returned to the White House," said Russ Mould, investment director at AJ Bell, a British online investment platform. After touching its new high, the market is now speculating about “when, not if, it will smash through $100,000," he said.

“Trump has already declared his love of the digital currency and crypto traders now have a new narrative by which to get even more excited about where the price could go,” Mould said.

But other experts warned of the risks.

“Investors should only dabble in crypto with money that they can be prepared to lose,” said Susannah Streeter, head of money and markets at Hargreaves Lansdown. “Because we’ve seen these wild swings in the past.”

Crypto industry players welcomed Trump's victory, in hopes that he would be able to push through legislative and regulatory changes that they've long lobbied for.

Trump had already promised that, if elected, he would remove the chair of the Securities and Exchange Commission, Gary Gensler, who has been leading the US government’s crackdown on the crypto industry.

“Tonight the crypto voter has spoken decisively — across party lines and in key races across the country,” said Coinbase CEO Brian Armstrong . “Americans disproportionately care about crypto and want clear rules of the road for digital assets. We look forward to working with the new Congress to deliver it,” Armstrong posted on X.

Streeter said Trump's administration would most likely pursue “light touch regulation” for the crypto industry.

“Certainly that’s what crypto fans would want," she said. “They want the sheen of legitimacy to be brought to crypto, but they don’t want regulations to be too onerous to stop opportunities and innovation.”