Davos, January 23, 2025 – Faisal Alibrahim, Saudi Arabia’s Minister of Economy and Planning, met with J. Michael Evans, President of Alibaba Group, during the 2025 Annual Meeting of the World Economic Forum (WEF) held in Davos, Switzerland. The meeting, which took place on the sidelines of the prestigious gathering, centered on the latest developments in digital transformation and the rapidly evolving e-commerce landscape.
The discussions focused on exploring potential areas for collaboration between Saudi Arabia and Alibaba Group, particularly in light of the Kingdom's ambitious Vision 2030 initiatives, which aim to accelerate digital innovation and position the country as a global leader in technology and commerce. Minister Alibrahim and President Evans delved into strategies for advancing digital infrastructure, enhancing e-commerce capabilities, and fostering innovation ecosystems that would benefit both Saudi Arabia and Alibaba’s global operations.
This meeting highlights the growing importance of digital transformation in driving economic development and diversifying industries, with both parties expressing interest in deepening ties and exploring new opportunities for cooperation in the fast-growing digital sector. With Saudi Arabia increasingly investing in technology, logistics, and digital infrastructure, the collaboration with global e-commerce giants like Alibaba promises to play a key role in furthering the Kingdom’s economic modernization efforts.