Saudi Forum to Attract Kuwaiti Investments

Invest in Saudi Arabia forum to be launched on Monday in Kuwait (Asharq Al-Awsat)
Invest in Saudi Arabia forum to be launched on Monday in Kuwait (Asharq Al-Awsat)
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Saudi Forum to Attract Kuwaiti Investments

Invest in Saudi Arabia forum to be launched on Monday in Kuwait (Asharq Al-Awsat)
Invest in Saudi Arabia forum to be launched on Monday in Kuwait (Asharq Al-Awsat)

''Invest in Saudi Arabia Forum'' will kick off Monday in Kuwait within the framework of Saudi Investment Minister Khaled al-Falih's visit to the country.

Several ministers and officials, public entities, significant companies, and representatives of the private sector from both countries are expected to attend the forum.

The forum aims to develop economic relations, promote mutual investments, explore the investment environment, and showcase the Kingdom's most prominent investment opportunities.

The forum's activities include panels and dialogue sessions to discuss the most promising investment sectors between the two countries, review the most prominent developments in the business environment in the Kingdom and significant projects related to Vision 2030, and bilateral meetings between government agencies and the private sector.

The visit of the Saudi Minister to Kuwait aims to deepen existing investment relations, build new and diversified qualitative partnerships, and strengthen economic, investment, and commercial ties with Kuwait.

The two countries have ambitious visions, Vision 2030 and Kuwait Vision 2035, which seek to play a role in the economic transformation and focus on attracting and diversifying foreign investments.

Vision 2030 provides opportunities for investors and companies to enter the Saudi market.

It contributes to searching for economic and commercial opportunities, attracting investments, and providing proper infrastructure, seeing that the Kingdom has massive investment capabilities harnessed to build a more diversified and sustainable economy.

In Kuwait, the stock market closed its trading on a rise in its general index of 18.18 points, reaching 7358 points, an increase of 0.25 percent, with a trading volume of 215.3 million shares, through the implementation of 9599 cash transactions, at a value of KD47.1 million.



Saudi House at Davos: The Kingdom to Set a Global Standard for Defining Industrial Cities

Part of the first session of the Saudi House in Davos 2025 (X platform)
Part of the first session of the Saudi House in Davos 2025 (X platform)
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Saudi House at Davos: The Kingdom to Set a Global Standard for Defining Industrial Cities

Part of the first session of the Saudi House in Davos 2025 (X platform)
Part of the first session of the Saudi House in Davos 2025 (X platform)

Participants in the first session of the Saudi House initiative at the annual World Economic Forum (WEF) in Davos, Switzerland, emphasized the importance of sustainable urban planning in addressing the challenges of global population growth. They highlighted Saudi Arabia’s ambition to set a global benchmark for defining industrial cities.
The Saudi House pavilion, organized by the Ministry of Economy and Planning, is held from January 20-24. Several government entities are participating, including the Ministry of Transport and Logistics Services, the Ministry of Communications and Information Technology, and the Ministry of Investment. The initiative will host a series of dialogue sessions addressing key trends in social and economic transformation both locally and globally.
In the opening session titled, “Transforming Industrial Cities into Smart Hubs,” Dr. Basma Al-Buhairan, Executive Director of the Fourth Industrial Revolution Center in Saudi Arabia, stressed the urgent need for sustainable and resilient urban planning to manage rapid global population growth.
She noted that Saudi Arabia is on the verge of redefining the concept of industrial cities, aiming to establish a new global standard, while also highlighting the Kingdom’s futuristic vision for industrial city development.
Similarly, Dhafer Al Amri, General Manager of Mega Projects and Real Estate at Mobily, underscored the pivotal role of integrating technology into infrastructure to drive industrial development. Venugopal Pai, Vice President of Global Accounts and Global 2000 at Nutanix, lauded Saudi Arabia’s rapid transformation, emphasizing the importance of collaboration between the government, private sector, and organizations in turning the Kingdom’s vision into reality.
On the sidelines of the forum’s first day, Saudi Minister of Economy and Planning, Faisal Al-Ibrahim, met with Kisun Chung, Vice Chairman and CEO of HD Hyundai. The discussion focused on industrial innovation, marine sustainability, and opportunities under Saudi Vision 2030.
Saudi Arabia’s participation at Davos is marked by a high-level delegation led by Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs, alongside several other ministers and officials. The delegation’s aim is to collaborate with the international community under the theme “Working Toward a Prosperous Future for the World.” Key goals include discussing innovative solutions to global challenges, sharing best practices to stimulate economic growth, and showcasing Saudi Arabia’s success stories across various fields.
Additionally, the delegation plans to emphasize the Kingdom’s role in fostering international dialogue through effective diplomacy aimed at building common ground. The team will also highlight Saudi Arabia’s practical, realistic, and equitable approach to achieving ambitious climate goals, as well as its contributions to advancing clean energy transitions that support sustainable development.
During its participation, Saudi Arabia will focus on promoting international dialogue, accelerating sustainable development transitions, driving transformative innovation, empowering human potential, and showcasing its leadership in achieving global prosperity.