Davos, January 24, 2025 — On the sidelines of the World Economic Forum 2025 in Davos, Switzerland, Saudi Arabia’s Minister of Finance, Mohammed bin Abdullah Al-Jadaan, and Minister of Economy and Planning, Faisal bin Fadel Al-Ibrahim, held an important meeting with Clare Woodman, the Head of Europe, the Middle East and Africa (EMEA), Latin America, and Canada, as well as the CEO of Morgan Stanley & Co. International.
The discussions focused on a range of critical topics pertaining to the evolving global economic landscape, with an emphasis on investment opportunities and economic cooperation between Saudi Arabia and Morgan Stanley. Both sides explored potential areas of collaboration aimed at advancing economic development, enhancing financial systems, and fostering a deeper partnership in various investment sectors, which are integral to the Kingdom's Vision 2030 agenda.
The meeting, which also included the presence of Abdulaziz Al-Ajaji, Morgan Stanley’s Chief Executive in Saudi Arabia, highlighted the importance of international cooperation in shaping the future of global markets. As Saudi Arabia continues to diversify its economy and expand its influence in global financial markets, meetings like these underscore the Kingdom’s active role in strengthening relationships with leading international financial institutions.
The World Economic Forum in Davos serves as a pivotal platform for such high-level engagements, providing an opportunity for decision-makers from across the globe to exchange insights, explore investment prospects, and drive initiatives that align with broader economic goals. The discussions between Saudi officials and Morgan Stanley leadership signal ongoing efforts to bolster the Kingdom's economic diversification, attract foreign investments, and further position Saudi Arabia as a key player in the global financial arena.