{"id":53259,"date":"2024-11-25T09:59:45","date_gmt":"2024-11-25T06:59:45","guid":{"rendered":"https:\/\/saudishopper.com.sa\/en\/?p=53259"},"modified":"2026-03-28T07:04:42","modified_gmt":"2026-03-28T04:04:42","slug":"under-the-patronage-of-hrh-the-crown-prince-saudi-arabia-is-readying-to-host-landmark-world-investment-conference-wic-2024-in-riyadh","status":"publish","type":"post","link":"https:\/\/saudishopper.com.sa\/en\/under-the-patronage-of-hrh-the-crown-prince-saudi-arabia-is-readying-to-host-landmark-world-investment-conference-wic-2024-in-riyadh\/","title":{"rendered":"Under\u00a0the\u00a0Patronage\u00a0of\u00a0HRH\u00a0the\u00a0Crown\u00a0Prince,\u00a0Saudi\u00a0Arabia\u00a0is\u00a0readying to Host Landmark World Investment Conference (WIC) 2024 in Riyadh."},"content":{"rendered":"\n<p class=\"has-text-align-center wp-block-paragraph\"><strong>This&nbsp;year\u2019s&nbsp;conference&nbsp;theme:&nbsp;\u2018Harnessing&nbsp;Digital&nbsp;Transformation&nbsp;and&nbsp;Sustainable&nbsp;Growth:Scaling Investment Opportunities\u2019.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Riyadh,&nbsp;Saudi&nbsp;Arabia,&nbsp;24&nbsp;November&nbsp;2024:<\/strong>&nbsp;Under the patronage of&nbsp;<a>His Royal Highness&nbsp;<\/a>Crown Prince and Prime Minister Mohammed bin Salman bin AbdulAziz Al Saud, the&nbsp;World&nbsp;Association&nbsp;of&nbsp;Investment Promotion Agencies (WAIPA) and Invest Saudi&nbsp;are&nbsp;organizing the 28th annual&nbsp;World Investment&nbsp;Conference&nbsp;(WIC)&nbsp;from&nbsp;November&nbsp;25 to 27,&nbsp;in&nbsp;Riyadh. This prestigious event will gather global leaders in investment, government, and international organizations to address the theme,&nbsp;\u2018Harnessing&nbsp;Digital&nbsp;Transformation&nbsp;and&nbsp;Sustainable&nbsp;Growth:&nbsp;Scaling&nbsp;Investment&nbsp;Opportunities\u2019.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/WIC28-Logo-01_1732462567_ssict_1200_1160.webp\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"990\" src=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/WIC28-Logo-01_1732462567_ssict_1200_1160-1024x990.webp\" alt=\"WIC28 Logo-01_1732462567_ssict_1200_1160\" class=\"wp-image-53260\" srcset=\"https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/WIC28-Logo-01_1732462567_ssict_1200_1160-1024x990.webp 1024w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/WIC28-Logo-01_1732462567_ssict_1200_1160-300x290.webp 300w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/WIC28-Logo-01_1732462567_ssict_1200_1160-768x742.webp 768w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/WIC28-Logo-01_1732462567_ssict_1200_1160-1080x1044.webp 1080w, https:\/\/saudishopper.com.sa\/en\/wp-content\/uploads\/2024\/11\/WIC28-Logo-01_1732462567_ssict_1200_1160.webp 1200w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">His Excellency Khalid Al-Falih, Minister of Investment of Saudi Arabia, commented: \u201cUnder the wise leadership of the Custodian of the Two Holy Mosques; King Salaman bin AbdulAziz Al Saud and His Royal Highness Crown Prince and Prime Minister,&nbsp;&nbsp;Mohammed bin Salman bin AbdulAziz Al Saud, the Kingdom, driven by its ambitious \u201cVision 2030\u201d, has become a premier world investment destination and is experiencing unprecedented growth in overall investment amounts and diversity.\u201d&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThis year\u2019s World Investment Conference in Riyadh will be a platform for sharing our nation\u2019s strategic vision with our partners, and an invaluable opportunity to highlight our status as a trusted partner for sustainable economic growth. We look forward to welcoming investment leaders from around the world to forge partnerships that will benefit both the Kingdom and global economies.\u201d Al-Falih added.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Saudi Arabia has become a prime destination for international investors,&nbsp;<strong>issuing over 28,900 foreign investment licenses,<\/strong>&nbsp;thanks to reforms under Vision 2030.&nbsp;These reforms, including allowing 100% foreign ownership in specific sectors and streamlining business and visa procedures for rapid approvals, have significantly boosted investor confidence. This investor friendly climate, especially in sectors like renewable energy, logistics and AI, reflects the Kingdom\u2019s dedication to creating an attractive and efficient business environment, and helps to build a resilient economy for Saudi Arabia that stands at the forefront of global innovation and development.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Ismail Ersahin, Executive Director and CEO of WAIPA said: \u201cWAIPA is excited to bring the 28th WIC to Riyadh, a city that perfectly embodies the future of investment. The conference will provide a crucial platform for Investment Promotion Agencies and investors to discuss emerging opportunities in a rapidly evolving global landscape. We deeply appreciate Saudi Arabia\u2019s vision and leadership, which will ensure that this edition of WIC is an impactful gathering for all participants.\u201d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Key highlights of WIC 2024 will include a range of conference tracks, such as high-level government dialogues, insightful sessions on technology, sustainability, and economic cooperation, as well as practical masterclasses for investment professionals.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A dedicated entrepreneurship track will emphasize the transformative role of startups and innovators, while exclusive matchmaking sessions will facilitate strategic partnerships between investors, SMEs, and potential collaborators.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Participants will also have the opportunity to celebrate the achievements of Investment Promotion Agencies through the Awards Track, honoring innovation and excellence in investment facilitation.&nbsp;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This year\u2019s WIC&nbsp;promises&nbsp;to&nbsp;be&nbsp;a&nbsp;pivotal forum&nbsp;aligned with global investment&nbsp;drivers: the disruptive influence of technology and artificial intelligence (AI), global supply chain resilience, energy transition&nbsp;towards&nbsp;sustainability,and&nbsp;the&nbsp;transformative&nbsp;role&nbsp;of&nbsp;entrepreneurs&nbsp;and&nbsp;startups&nbsp;in reshaping&nbsp;investment&nbsp;landscapes&nbsp;traditionally&nbsp;led&nbsp;bymultinational&nbsp;corporations.&nbsp;Leaders&nbsp;and stakeholders&nbsp;will&nbsp;discuss&nbsp;and&nbsp;explore&nbsp;how&nbsp;these&nbsp;factors&nbsp;are&nbsp;redefiningeconomies&nbsp;and&nbsp;driving forward-looking investment models worldwide.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">With its focus on scaling investment opportunities, WIC 2024 is designed to empower attendees with the tools, knowledge, and connections necessary to drive meaningful economic impact.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This&nbsp;year\u2019s&nbsp;conference&nbsp;theme:&nbsp;\u2018Harnessing&nbsp;Digital&nbsp;Transformation&nbsp;and&nbsp;Sustainable&nbsp;Growth:Scaling Investment Opportunities\u2019. Riyadh,&nbsp;Saudi&nbsp;Arabia,&nbsp;24&nbsp;November&nbsp;2024:&nbsp;Under the patronage of&nbsp;His Royal Highness&nbsp;Crown Prince and Prime Minister Mohammed bin Salman bin AbdulAziz Al Saud, the&nbsp;World&nbsp;Association&nbsp;of&nbsp;Investment Promotion Agencies (WAIPA) and Invest Saudi&nbsp;are&nbsp;organizing the 28th annual&nbsp;World Investment&nbsp;Conference&nbsp;(WIC)&nbsp;from&nbsp;November&nbsp;25 to 27,&nbsp;in&nbsp;Riyadh. This prestigious event will gather global leaders in investment, government, and international organizations to address the theme,&nbsp;\u2018Harnessing&nbsp;Digital&nbsp;Transformation&nbsp;and&nbsp;Sustainable&nbsp;Growth:&nbsp;Scaling&nbsp;Investment&nbsp;Opportunities\u2019. His Excellency Khalid Al-Falih, Minister [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":53260,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_yoast_wpseo_meta-robots-noindex":"","_et_pb_use_builder":"off","_et_pb_old_content":"","_et_gb_content_width":"","_pr_autopilot_social_copy":"","_yoast_wpseo_opengraph_title":"","_yoast_wpseo_opengraph_description":"","_yoast_wpseo_opengraph_image":"","_yoast_wpseo_opengraph_image_id":0,"_yoast_wpseo_twitter_title":"","_yoast_wpseo_twitter_description":"","_yoast_wpseo_twitter_image":"","_yoast_wpseo_twitter_image_id":0,"_yoast_wpseo_primary_category":24,"_extra_hide_author_box":"","_extra_featured_post":"","_partner_post_id":0,"footnotes":""},"categories":[24],"tags":[],"class_list":["post-53259","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized 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