DAVOS, Switzerland (Reuters) -Saudi Economy Minister Faisal Alibrahim said on Friday that the kingdom's $600 billion expanded package with the United States includes investments as well as procurement from the public and private sectors.

Davos: Saudi Arabia has called for a “reshaping of the global economic approach” amidst severe disruptions and trade tensions that are impacting global growth rates and, consequently, the standard of living for individuals worldwide.

International Labour Organization director general Gilbert Houngbo spoke of “very constructive” bilateral relations with Saudi Arabia on Thursday at a briefing ahead of attending the annual gathering of world leaders next week in Davos, Switzerland.

Travel and tourism builds diversified and resilient economies”: Saudi Arabia Minister of Tourism, HE Al-Khateeb, tells WEF Annual Meeting in Davos

Saudi Arabia's foreign minister said on Tuesday he did not see Donald Trump's new administration increasing the risk of an Israel-Iran conflict, addressing an issue the region has feared since the start of Israel's war in Gaza.

President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.

Saudi Arabia’s membership in the BRICS bloc of emerging economies is still being assessed more than a year after the kingdom was invited to join the alliance, according to the country’s minister of economy and planning.

President Donald Trump is emphasizing that targeting Russia's oil revenue is the best way to get Moscow to end its nearly three-year war against Ukraine.

The global WEF meeting in Riyadh will serve as a vital platform for global leaders, experts, policy- and decision-makers from diverse fields

Crude oil futures posted their first weekly loss in five weeks, finally falling back after a New Year rally spurred by increased Russia sanctions, winter weather demand and a two-month slide in U.S. stockpiles.

US President Donald Trump on Thursday said he will pressure Saudi Arabia and the Organization of the Petroleum Exporting Countries (OPEC) to decrease oil prices. Trump was addressing OPEC and other world leaders gathered in Davos on Thursday.