With geopolitical upheavals and complex economic challenges destabilizing a fractured world, the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development will convene in Riyadh, 1,000 global leaders from 92 countries on 28-29 April,
Impressions from the Special Meeting on Global Collaboration, Growth and Energy for Development 2024 in Riyadh, Saudi Arabia, 28 April 2024 © Deepu Das/WEF
With geopolitical upheavals and complex economic challenges destabilizing a fractured world, the World Economic Forum Special Meeting on Global Collaboration, Growth and Energy for Development will convene in Riyadh, 1,000 global leaders from 92 countries on 28-29 April, to support global dialogue and find actionable, collaborative and sustainable solutions to shared global challenges.
Building on the inaugural Growth Summit, held in Switzerland last year, the meeting will promote forward-thinking approaches to interconnected crises, while remaining realistic about shorter-term trade-offs. It will work to bridge the growing North-South divide on issues such as emerging economic policies, the energy transition and geopolitical shocks.
“With geopolitical tensions and socio-economic disparities deepening divides globally, international collaboration and purposeful dialogue has never been more urgent,” said Børge Brende, President, World Economic Forum. “The Special Meeting 2024 provides an opportunity for leaders from across sectors and geographies to turn ideas into action and unlock scalable solutions to the many interconnected challenges we face.”
“At this global inflection point, revitalizing international collaboration has never been more important. In the Kingdom of Saudi Arabia, the World Economic Forum has chosen an established and dynamic global platform for thought leadership, solutions and action, as the host of a critical meeting – at such a critical moment,” said Faisal F. Alibrahim, Minister of Economy and Planning of Saudi Arabia.
“To this end, Saudi Arabia is mobilizing its full diplomatic might to lay out a mutually beneficial path to prosperity for the intertwined destinies of the global community. We are working to ensure that progress for one part of the world does not come at the expense of another. And we are committed to meeting this moment with a determination to co-author a shared future that is secure, stable and sustainable.”
Yemen's Iran-aligned Houthi militants fired on Saudi oil installations in two ports on the Red Sea coast on Saturday, but the United States held back from launching air strikes on Iran itself for the first night in two weeks.
Yemen is edging towards the resumption of a more than decade-old frozen conflict, Yemeni officials, Western diplomats and analysts say, as attacks on Saudi infrastructure and shipping by Iran-aligned Houthis test the patience of the kingdom and the Yemeni government forces it backs.
President Donald Trump said Thursday that a civilian nuclear cooperation deal signed with Saudi Arabia a day earlier is "totally subject" to the kingdom normalizing relations with Israel through the Abraham Accords, adding a significant condition that was not part of the original agreement as announced.
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