Saudi Arabia and OPEC's focus is on ensuring long-term market stability to meet growing demand, including from the U.S. and the rise of artificial intelligence, Saudi Minister Alibrahim said. Read also: Saudi summit helped isolate Russia,

Saudi Arabia will host regular meetings of the World Economic Forum, starting from spring 2026, Saudi Economy Minister Faisal Alibrahim said on Friday at the end of a panel at the Forum in Davos. "We look forward to welcoming the global community again in Saudi Arabia in the spring of 2026," he said.

While addressing the World Economic Forum in Davos one day later, Trump said that he will ask MBS, whom he called a “fantastic guy”, to round up the $600bn pledge to “around $1trn”. Trump asserted that the Saudis would do this “because we’ve been very good to them”.