RIYADH: Saudi Arabia’s participation in the five-day annual meeting of the World Economic Forum is bolstered by its position and leadership role in the global arena, according to a top official. In a statement to the Saudi Press Agency, Princess Reema bint Bandar, the Kingdom’s ambassador to the US, said that guided by its Vision 2030 the country has made remarkable achievements in various international forums and adopted a new approach in its foreign policy. This has established Saudi Arabia as a leader in the region and the world. She also expressed her keenness to play a key role in enhancing the Kingdom’s successful engagement at the WEF by exchanging views and ideas that can help address global challenges. Princess Reema is eager to share Saudi Arabia’s achievements in the political, economic, climate, technical and innovative domains at the event. For his part, Saudi Minister of Communications and Information Technology Abdullah Al-Swaha discussed ways to enhance cooperation and digital inclusion with the secretary-general of the International Telecommunication Union, Doreen Bogdan-Martin, on Jan. 15. On the sidelines of the WEF annual meeting, the discussion focused on stimulating collaborations and initiatives aimed at connecting the world, empowering individuals, and protecting the planet. Additionally, the talks also focused on how important it is to develop partnerships in order to support the expansion of the digital economy, and how critical it is to take advantage of generative artificial intelligence prospects, advance national digital skills, and support digital entrepreneurship. In an effort to strengthen collaborations in the fields of innovation and the digital economy, Al-Swaha also met with a number of executives from well-known international technology and innovation businesses. The topics of discussion included creating technologies and solutions for cloud computing, generative AI, and improving Saudis’ digital skills in new fields like digital content localization. Furthermore, the minister met with Alexander Wang, the founder and CEO of Scale AI, and Borje Ekholm, president and CEO of the Ericsson Group, to discuss collaborations, share expertise, and promote the expansion of the digital economy and innovation. During the WEF annual meeting, Minister of Industry and Mineral Resources Bandar Alkhorayef held several meetings with a number of leaders of international companies and institutions, according to Saudi Press Agency. Alkhorayef discussed enhancing cooperation and promising investment opportunities in the industrial and mining sectors, as well as developing avenues for trade exchange and increasing the access of Saudi non-oil exports to global markets. “Saudi Arabia is open for business,” Alkhorayef said, highlighting the Kingdom’s efforts to attract investors and entrepreneurs to the mining and Industry sectors from around the world, according to a tweet by the Ministry of Economy and Planning on X.