Business

Saudi Arabia to host regular global WEF meetings starting Spring 2026

Saudi Arabia to host regular global WEF meetings starting Spring 2026

Saudi Arabia will regularly host WEF global meetings starting spring 2026, building on a successful 2023 Riyadh event focused on global cooperation and growth.

UAE concludes participation in 2025 World Economic Forum: Highlights and impact

UAE concludes participation in 2025 World Economic Forum: Highlights and impact

UAE actively participated in WEF 2025, emphasizing global cooperation and tech. Delegation led by Sheikha Latifa. UAE pledged $10M to UNHCR, signed MOUs for regulatory innovation & tech.

Alibrahim says Saudi Arabia’s $600 billion pledge to U.S. to include investments, procurement

Alibrahim says Saudi Arabia’s $600 billion pledge to U.S. to include investments, procurement

Saudi Arabia pledges $600B+ in US investments & trade. Focus on long-term oil stability, not price drops. Will host WEF meetings from 2026.

UK has not ruled out EU food trade deal, says minister

UK has not ruled out EU food trade deal, says minister

UK may follow EU food rules for frictionless trade, not crossing "red lines". Talks include "dynamic alignment" on standards & customs. Conservatives are angered.

Bank of Japan raises rates to highest in 17 years

Bank of Japan raises rates to highest in 17 years

BOJ raises rates to 0.5%, a 17-year high, due to rising inflation. This follows price increases and ends a long period of low rates.

Green skills drive launched to train 'thousands' of workers

Green skills drive launched to train 'thousands' of workers

Govt. invests in green skills training, creating jobs in clean energy. Aberdeen, Cheshire, Lincs, Pembrokeshire targeted. Energy Skills Passport launched.