WEF makes its Saudi debut

WEF makes its Saudi debut
2.5 5

Published March 17th, 2013 - 08:46 GMT via SyndiGate.info

Rate Article:

 
PRINT Send Mail
comment (0)
The 13th annual Jeddah Economic Forum is currently being held at the Jeddah Hilton
The 13th annual Jeddah Economic Forum is currently being held at the Jeddah Hilton
Follow >
Click here to add Bill Clinton as an alert
Bill Clinton
,
Click here to add Davos as an alert
Davos
,
Click here to add Geneva as an alert
Geneva
,
Click here to add Jeddah as an alert
Jeddah
,
Click here to add Jeddah Chamber of Commerce as an alert
Jeddah Chamber of Commerce
,
Click here to add Khaled al-Faisal as an alert
Khaled al-Faisal
,
Click here to add Miroslav Dusek as an alert
Miroslav Dusek
,
Click here to add Recep Tayyip Erdogan as an alert
Recep Tayyip Erdogan
,
Click here to add Shawkat Aziz as an alert
Shawkat Aziz
,
Click here to add World Economic Forum as an alert
World Economic Forum

The World Economic Forum (WEF) will be making its debut in Saudi Arabia on Sunday through a “strategic partnership” with the Jeddah Economic Forum (JEF), which is taking place in the kingdom until March 18 2012.

Inaugurated Saturday night by the governor of the Mecca Province, HRH Prince Khaled al-Faisal, the 13th annual Jeddah Economic Forum will focus this year on finding solutions to “house the growing population,” bringing together international and local experts, ministers and economists.

JEF is organized every year by the Jeddah Chamber of Commerce and Industry (JCCI); throughout its short history, JEF has hosted a large number of internationally renowned speakers, such as former U.S. President Bill Clinton, Turkish Prime Minister Recep Tayyip Erdogan and former Pakistani Premier Shawkat Aziz.

Officials at both JEF and WEF have been discussing potential cooperation since early 2012. Many JCCI executives attended recent WEF events, while many of Saudi Arabia’s top businessmen are regular Davosians.

As a result, both forums will today be organizing a session, which is to be held under the theme ‘A New Vision for Arab Employment.’

Attending the session in Jeddah is Miroslav Dusek, the Geneva-based WEF’s head of Middle East and North Africa.

The 13th annual Jeddah Economic Forum is currently being held at the Jeddah Hilton.

Saudi Arabia is the world’s biggest oil exporter and has seen consistent substantial economic growth despite being at the heart of a region shaken by turmoil.

However, despite its relative prosperity, only 30 percent of Saudis own homes whilst the global average is estimated to be at 70 percent. The ratio is well below that of most developed and emerging countries.

The World Economic Forum is renowned for its annual Davos event, but it also holds regional meetings such as its MENA-region forums usually held in Jordan, Morocco or Egypt.

Since the 2011 Arab Spring, WEF has not had an event in Egypt; its next regional meeting will be held in Jordan between 24-26 May.

Advertisement

© 2013 MBC Group. All Rights Reserved.

Add a new comment

 avatar