Skip to main content Skip to footer ![WGS 2025: Klaus Schwab outlines role of governments in adapting to ‘Intelligent Age’ transformation](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2025/02/klaus-schwab-world-governments-summit-wgs-2025-1.jpg/w=1024,h=682)
Schwab noted past industrial revolutions, highlighting rapid changes driven by AI, quantum computing, and cryptocurrencies
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Strong financial performance stemmed from robust contributions in Real Estate, Construction, Marine, and Dredging
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The Authority achieved EBITDA of $4.27 billion and net profit after tax of $1.97 billion
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Record performance highlights strong fuel volumes, retail growth, and contributions from Saudi Arabia and Egypt
![LEAP 2025 continues groundbreaking announcements with over $7.5 billion in tech, AI investments](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2025/02/leap7-1-1.jpg/w=1024,h=683)
LEAP 2025 boosts Saudi Arabia's tech leadership, driving innovation and sustainable transformation globally
![WGS 2025: Sheikh Mohammed meets with Arab finance ministers, stresses cooperation for sustainable development](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2025/02/wgs-2025-sheikh-mohammed-arab-finance-ministers.jpg/w=1024,h=683)
H.H. welcomed the participation of Arab delegations, including ministers and key economic and financial decision-makers
![WGS 2025: Mohammad Al Gergawi reflects on humanity’s pivotal moment 25 years into the millennium](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2025/02/wgs-2025-al-gergawi-2.jpeg/w=1024,h=682)
The UAE Minister raises questions about four key events that have shaped the past 25 years
![WGS 2025: Sheikh Mohammed meets with Klaus Schwab, underscores UAE’s commitment to shaping unified global vision for growth](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2025/02/sheikh-mohammed-klaus-schwab-wsg-2025.jpg/w=1024,h=683)
H.H. underscored the imperative for governments to keep pace with substantial changes reshaping the world
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During H.H. Sheikh Mohammed's visit to exhibition showcasing top government innovation projects
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The meeting was attended by H.H. Sheikh Hamdan, Crown Prince of Dubai
![World Governments Summit 2025 opens with record global participation](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2025/02/wgs-2025-opens.jpg/w=1024,h=683)
Monday marked Day Zero of WGS 2025, featuring several key forums
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Trump's 25 percent tariffs on steel and aluminum imports raised inflation fears, escalated trade tensions