Saudi Arabia signs agreement with the World Economic Forum to establish a branch in the Kingdom of the Centre for the Fourth Industrial Revolution

RIYADH, November 6, 2019  SPA - His Highness Prince Faisal bin Farhan bin Abdullah Al-Saud, the Minister of Foreign Affairs; His Highness Prince Badr bin Abdullah bin Farhan Al-Saud, the Minister of Culture; H.E. Mohammed Al-Jadaan, the Minister of Finance; H.E.  Abdullah Al-Swaha, the Minister of Communication and Information Technology; H.E. Mohammed Al-Tuwaijri, the Minister of Economy and Planning; and H.E. Dr. Fahad bin Abdullah Toonsi, Royal Court Advisor and General Secretary of the Saudi G20 Secretariat; met on Wednesday with Professor Klaus Schwab, the Founder and Executive Chairman of the World Economic Forum (WEF).

The meeting was also attended by a number of princes, government ministers and senior officials in the Kingdom as well as WEF senior officials. During the meeting, they discussed areas of joint cooperation between Saudi Arabia and the World Economic Forum.

Following this, they witnessed the signing of an agreement between the Government of the Kingdom of Saudi Arabia and the World Economic Forum to establish a branch in the Kingdom of WEF's Centre for the Fourth Industrial Revolution, the fifth such centre in the world.