2022---forget-the-scandals--saudi-arabia-wants-to-shine-at-the--davos-of-the-desert- May 2026

: The event served as a progress report for Vision 2030 , showcasing "gigaprojects" like NEOM and The Line.

In 2022, Saudi Arabia hosted the in Riyadh under the theme "Investing in Humanity: Enabling a New Global Order". Often called the " Davos in the Desert ," the event aimed to shift the global narrative away from past diplomatic friction and toward the Kingdom’s massive economic transformation. Key Priorities and Shifts

: The Public Investment Fund (PIF) announced the establishment of investment companies in Jordan, Bahrain, Sudan, Iraq, and Oman, targeting up to $24 billion in regional deals.

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