Something's stirring in Saudi Arabia, and it's not just the desert winds. It's the unmistakable hum of a booming economy that's turning heads around the globe. With a staggering 74 out of 81 non-oil sectors recording growth above 5%, Saudi Arabia is making a statement: it's not just an oil powerhouse anymore.

A Global Stage

When Saudi Arabia's Minister of Economy and Planning, Faisal Alibrahim, talks about the 2026 World Economic Forum in Davos, he isn't just name-dropping. He's highlighting the Kingdom's growing role in shaping the global economic narrative. He argues that Saudi Arabia isn't just a participant but a key player in driving sustainable growth and welcoming innovative solutions to worldwide challenges.

Numbers that Speak

Take a look at the numbers. Over the past five years, 38 sectors have grown by more than 10% annually. That's not just growth; it's a boom. Alibrahim points out that Saudi Arabia has been busy creating new engines of growth and expanding its productive base, ensuring that this isn't just a flash in the pan.

Innovation and Integration

The minister stresses the need for collaboration and innovation to sustain this momentum. Digital solutions, artificial intelligence, and investment in human capital are at the forefront of this transformation. According to him, these elements are crucial for building a resilient and sustainable global economy, especially one that supports emerging markets.

Beyond Oil

But it isn't just about numbers and growth percentages. It's about a vision. Hosting the World Economic Forum in 2026 isn't just a logistical win; it's a strategic move. The 2024 forum in Riyadh set the stage, bringing together leaders across various sectors under the theme "Global Collaboration, Growth, and Energy for Development." Alibrahim notes that Saudi Arabia's involvement goes beyond mere representation. It's about contributing to global economic resilience through balanced development and responsible innovation.

Laying Foundations

Alibrahim concludes with a vision of a future-ready global economy, one that Saudi Arabia aims to lead in terms of sustainable economic models and national competitiveness. This isn't just about staying in the game; it's about setting the rules.

In the end, what Saudi Arabia is achieving is no small feat. With its non-oil sectors charging ahead, the Kingdom is carving out a new identity. One that's not just about oil but about diverse economic strength and strategic global influence. The world is watching, and Saudi Arabia is ready to lead.