Saudi House opens Davos spotlighting Vision 2030 and AI drive
Ministers outline next reform phase, human capital focus and technology-led cooperation at World Economic Forum
DAVOS, Switzerland (MNTV) — Saudi Arabia took an early lead at the World Economic Forum in Davos as Saudi House opened with a series of high-level discussions highlighting the next phase of Vision 2030, artificial intelligence collaboration and a people-centered approach to tourism.
The Saudi House pavilion, located on the Davos Promenade and returning after its standalone debut at the 2025 forum, hosted ministers and global executives ahead of the official opening of the annual summit, according to Arab News.
Speakers included Finance Minister Mohammed Al-Jadaan, Investment Minister Khalid Al-Falih, Tourism Minister Ahmed Al-Khateeb and Meta President and Vice Chairman Dina Powell McCormick, who discussed the Kingdom’s transformation agenda and global economic engagement.
Princess Reema bint Bandar, Saudi Arabia’s ambassador to the United States, said human capital is the core driver of a competitive modern economy, describing the return of highly skilled young Saudis to build careers at home as a key success of Vision 2030, now nearly two-thirds complete.
Al-Jadaan said the Kingdom’s progress reflects a shift in institutional behavior and fiscal discipline, noting that credibility with markets and citizens depends on pragmatic policy and targeted resource allocation.
The Saudi House initiative, led by the Ministry of Economy and Planning, aims to serve as a platform for global dialogue while showcasing lessons and opportunities emerging from Saudi Arabia’s national transformation.
Economy and Planning Minister Faisal Alibrahim said the Kingdom’s role as a stabilizing force has helped unlock growth potential, stressing that reducing reliance on a single commodity will extend beyond 2030.
Al-Falih said Saudi Arabia offers a rare balance of opportunity and risk management, pointing to a recent doubling of local investment to levels comparable with major emerging economies.
The Ministry of Economy and Planning also announced the SUSTAIN Platform, set to launch in 2026, designed to accelerate AI-enabled, cross-sector collaboration for sustainable development by connecting government, business, investors, academia and civil society.
Technology, tourism, sport and culture were highlighted as priority sectors for Vision 2030’s next phase, with Powell McCormick welcoming Saudi Arabia’s openness to innovation and partnerships with global technology firms.
Tourism Minister Al-Khateeb said the sector is using technology to enhance efficiency while preserving human interaction, emphasizing a strategy of “digitalizing the unnecessary and humanizing the necessary.”
Saudi House will host more than 20 sessions during the forum week, including over 10 accredited by the WEF, covering themes such as human capability, quality of life, investment, collaboration and welcoming the world.
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