Travel & tourism’s critical contribution to global economic advancement is being elevated on the Annual Meeting agenda through a series of high-level, dedicated official sessions led by Saudi Arabia’s Tourism Minister Al-Khateeb, featuring influential sector leaders.
Saudi Arabia is seeking to champion the transformative power of travel and tourism, focusing on collaboration and partnership development to catalyze sustainable, cross-border, multi-sector economic growth.
The pivotal role of tourism in driving economic diversification will take center stage at the World Economic Forum (WEF) Annual Meeting in Davos this week. Saudi Arabia’s Minister of Tourism, Ahmed Al-Khateeb, will participate in the WEF Annual Meeting as part of the Saudi delegation led by Prince Faisal bin Farhan bin Abdullah, Minister of Foreign Affairs, and will lead the discussion showing how travel & tourism is critical to economic growth and prosperity.
“The Travel and Tourism sector is a cornerstone of global economies and, as we convene in Davos for the WEF Annual Meeting 2025, acknowledging the importance of the sector in discussions is vital,” Ahmed Al-Khateeb said.
“I am honored to be invited to the WEF Annual Meeting and underscore tourism’s potential as a catalyst for inclusive global economic transformation through sustainability, innovation, and collaboration. Saudi Arabia remains committed to strengthening international cooperation and promoting sustainable growth in tourism.”
In collaboration with the Saudi Ministry of Tourism with expert input from Minister Al-Khateeb, the WEF released a new briefing paper on “The Future of Travel and Tourism: Embracing Sustainable and Inclusive Growth” exploring transformative trends of the sector, destination readiness and the importance of cross-sector collaboration. This paper will help drive Travel and Tourism discussions across the WEF Annual Meeting agenda.
The Kingdom has also released an Investor White Paper highlighting Vision 2030 initiatives that are transforming the tourism sector. The paper highlights the significant strides made in developing state-of-the-art tourism infrastructure, drawing international visitors, and offering unique cultural experiences. As a result, Saudi Arabia has rapidly become one of the world’s fastest-growing tourism destinations, surpassing its 2030 goal of 100 million tourist arrivals in 2023. Strategically located within a six-hour flight of 40% of the world’s population, Saudi Arabia is poised to be a global tourism hub.
The WEF Annual Meeting 2025 in Davos marks a significant moment in the trajectory of global tourism, and emphasizes Saudi Arabia’s dedication to fostering cross-sector partnerships and driving economic growth through tourism. Al-Khateeb’s active participation will pave the way for new partnerships and initiatives aimed at leveraging tourism for global economic development.
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