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Saudi House Pavilion to Debut at WEF AM25

This will be the second time Saudi House features at the WEF Annual Meeting
This will be the second time Saudi House features at the WEF Annual Meeting
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Saudi House Pavilion to Debut at WEF AM25

This will be the second time Saudi House features at the WEF Annual Meeting
This will be the second time Saudi House features at the WEF Annual Meeting

Saudi Arabia on Saturday announced the first-ever Saudi House pavilion for the World Economic Forum (WEF) Annual Meeting, which takes place from 20-24 January 2025 in Davos, Switzerland. It will be the second time Saudi House features at the WEF Annual Meeting, and the first time it will host a standalone pavilion.
Hosted by the Ministry of Economy and Planning (MEP), Saudi House provides a platform where global thought leaders convene to discuss and dissect the challenges, opportunities and solutions defining the present and shaping the future of the global economy, according to SPA.
The global dialogues hosted at the Saudi House pavilion will also explore the impact of the social and economic transformation underway across the Kingdom, and the unprecedented opportunities to grow, innovate and invest in Saudi Arabia that continue to emerge under Saudi Vision 2030.
Set to host industry-leading entities from a broad spectrum of sectors to its dedicated space in Davos, the Saudi House pavilion marks a significant expansion of the Kingdom’s long-standing presence and participation at the World Economic Forum’s Annual Meeting.
Alongside MEP, the entities represented and participating in Saudi House include the Ministry of Health, the Ministry of Transport and Logistics Services, the Ministry of Communications and Information Technology, the Ministry of Tourism, the Ministry of Investment, the Royal Commission for Jubail and Yanbu, the Royal Commission of AlUla, the General Authority for Civil Aviation (GACA), the Saudi Tourism Authority (STA), the Research Development and Innovation Authority (RDIA), the Centre for the Fourth Industrial Revolution in Saudi Arabia (C4IR), and Diriyah Company.
Representatives from the Saudi entities will participate in more than 15 sessions, including 10 WEF-accredited sessions on topics including the future of the global economy, the future of trade and logistics, investment, aviation and sustainable tourism.
The 55th WEF Annual Meeting is taking place under the theme of “Collaboration for the Intelligent Age”, and will convene global leaders to explore how to address geopolitical shocks, stimulate growth to improve living standards, and steward a just and inclusive energy transition.
The 55th annual meeting of the World Economic Forum will convene the foremost leaders from government, business and civil society, as well as preeminent scientific and cultural thinkers. The Forum brings together representatives from more than 100 governments, major international organizations, and more than 1,000 major private sector players, in addition to young changemakers and representatives of civil society and academic institutions.

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Saudi Arabia Completes 90% of Arabian Shield Survey

Drilling and excavation work at a site in the Arabian Shield region, Saudi Arabia (SPA)
Drilling and excavation work at a site in the Arabian Shield region, Saudi Arabia (SPA)
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Saudi Arabia Completes 90% of Arabian Shield Survey

Drilling and excavation work at a site in the Arabian Shield region, Saudi Arabia (SPA)
Drilling and excavation work at a site in the Arabian Shield region, Saudi Arabia (SPA)

Saudi Arabia is advancing its exploration of mineral resources in the Arabian Shield, a region covering 630,000 square kilometers, about a third of the country.

The Kingdom has completed 90% of the survey and released geological data covering 400,000 square kilometers, or 65% of the total survey area.

Speaking to Asharq Al-Awsat, CEO of the Saudi Geological Survey Abdullah Al-Shamrani affirmed that this aims to attract investment in the mining sector.

The Arabian Shield is crucial for Saudi Arabia, as it contains key metallic minerals such as silver, gold, zinc, and copper.

The Arabian Shield runs along the Red Sea coast and the Gulf of Aqaba, from northern Jordan to the Saudi-Yemeni border. It covers regions such as Tabuk, Madinah, Makkah, Al-Baha, Asir, and Jazan, spanning 630,000 square kilometers, or about one-third of Saudi Arabia's land.

The geological survey in this area plays a key role in developing the sector, providing accurate data to attract both local and international investments.

This supports economic growth and helps diversify income sources in line with Saudi Arabia's Vision 2030.

In a statement to Asharq Al-Awsat at the fourth edition of the world’s leading platform on minerals, the Future Minerals Forum (FMF), Al-Shamrani revealed that a new batch of geological data covering 65% of the geophysical survey in the Arabian Shield was released.

This move opens up new opportunities for mining investors.

The project started in 2021, when the survey began collecting and analyzing data on the mineral wealth in the Arabian Shield.

After nine months of work, the database now covers 400,000 square kilometers, providing detailed information to guide investment decisions in mineral exploration, according to Al-Shamrani.

These data are not just technical but are driving increased demand for mining licenses, highlighting the value of accurate information in attracting investment.

Thanks to digital tools, investors worldwide can easily access this data, supporting investment in promising mining projects. With each new update, Saudi Arabia gets closer to completing the full survey of the Arabian Shield.

Al-Shamrani explained that the data includes interconnected layers of geophysical and geochemical information, such as analysis and drilling results. Each new update provides valuable insights for investors, helping them make data-driven decisions.

He also expected that the remaining data sets would be released soon, completing all work in the Arabian Shield.

Mustafa Maki, head of the National Geological Database Initiative at the Saudi Geological Survey, told Asharq Al-Awsat that the new coverage of the airborne geophysical survey includes magnetic and radiometric data, showing a 5% increase over previous periods.

Forty-three new squares have been added, bringing the total to 164 out of 252.

The data is now being processed and will soon be available to investors and visitors through the Saudi Geological Database.

The Saudi Geological Survey has launched new coverage for the surface geochemical survey of valley sediments, adding maps showing the distribution of individual elements and their statistical data.

This expansion covers an additional 20% of the previous area, bringing the total to 10 out of 50 geological squares.

The survey includes data on 57 out of 75 chemical elements, mapped to show their distribution in the squares. Statistical information on these elements has also been released, according to Maki.

Maki emphasized that geological data is crucial for the mining industry worldwide. Investors rely on this data to decide whether to proceed with investments or detailed exploration.

He added that the data from the Saudi Geological Survey, including geophysical and geochemical surveys, provides a strong knowledge base for investors.

This, along with technical reports and other geological data, helps investors make informed decisions about mining and exploration in the Arabian Shield.

Rana Zamai, Chair of the Women’s Empowerment Committee in Mining at the Ministry of Industry and Mineral Resources, confirmed to Asharq Al-Awsat that all necessary requirements for establishing the Women in Mining Association have been completed.

The association is expected to be launched on the upcoming International Women's Day.

Zamai highlighted that a special networking event was held at the FMF, bringing together women from the public and private sectors in mining from 80 countries.

The event was attended by five female leaders from major women’s mining organizations, representing countries like the UK, South Africa, Australia, and Türkiye.

She also pointed out that a key highlight this year was the participation of 25 geology students from King Abdulaziz University, the first group of its kind in Saudi Arabia. The students are expected to graduate in three to four years.