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Saudi Arabia hosts largest energy summit
Saudi Arabia hosted the WPC Energy Congress for the first time, the world's most significant event in the energy industry, in October 2026 in Riyadh. The event saw the participation of over 25,000 leaders from government, executive, and investment sectors from 62 countries, representing more than 96% of global energy consumption and production. The congress focuses on global shifts in the energy sector, including supply security, investments in renewable energy, artificial intelligence, and emission reduction technologies. It is anticipated that global energy investments will reach $3.4 trillion in 2026, with $2.2 trillion directed toward clean and renewable energy. The event helps enhance Riyadh's position as a key hub for decision-making and economic projects in the energy sector, with its impact extending to other sectors such as technology, mining, and infrastructure.
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