Bahrain Financial Harbour supports the World Economic Forum’s Arab Business Council meeting in Manama

Published November 9th, 2005 - 08:01 GMT

Bahrain Financial Harbour today announced to be the Meeting Supporter of the Arab Business Council (ABC) Annual Meeting, an initiative of the World Economic Forum, which will be held in Manama on November 9-10 2005.


In its third year, the Arab Business Council has become firmly established as an effective representative of the Arab business community. The Council is composed of 80 top Arab business leaders who are committed to the mission of "enhancing competitiveness in the Arab world".


The ABC Annual Meeting will be an exclusive platform for Arab leaders from government, business and civil society to work together with distinguished scholars and experts on future economic and social strategies with a bearing on increasing regional competitiveness.


Commenting on the support of the ABC meeting, Mr. Esam Janahi, Chairman of BFH said: “We are very proud to support the prestigious annual meeting of Arab Business Council of the World Economic Forum, which takes a critical and analytic look at the Arab business, economy and the society. We believe that this meeting is of great importance at a time when the whole of Arab world is passing through a crucial phase of economic and social transformation.”


Over the two-day meeting, the ABC will formulate and deliver the message of the Arab private sector to the Meeting of Ministers of Foreign Affairs of the G-8/BMENA Forum of the Future taking place the following day on the priorities that the region is facing today, namely governance, youth and education, and trade. The discussions will be supported by the results of an exclusive, region-wide public opinion survey conducted by Zogby International.


Among other Arab business leaders, Mr. Esam Janahi will also be speaking at the ABC meeting, highlighting the changing face of the Arab business, economy and the social fabric.


Welcoming BFH as the Meeting Supporter, Mr. Sherif El Diwany, Director for the Middle East of the World Economic Forum said: “BFH represents one of the landmark developments reflecting the dynamism of the regional businesses and that such progressive vision advances the competitiveness of the financial sector in Bahrain, regionally and globally.”


Held under the patronage of Sheikh Salman Bin Hamad Al Khalifa, Crown Prince and Commander-in-Chief of the Bahrain Defence Force, participants at the Arab Business Council meeting include Abdallah Dardari, Deputy Prime Minister for Economic Affairs of Syria; Mohammed Dahlan, Minister of Civil Affairs of the Palestinian Authority; Sheikh Mohamed Bin Ahmed Bin Jassim Al Thani, Minister of Economy and Commerce of Qatar; Rachid M. Rachid, Minister of Foreign Trade and Industry of Egypt; Iyad Allawi, Former Prime Minister of Iraq; M. Shafik Gabr, Chairman and Chief Executive Officer, Artoc Group for Investment & Development, Egypt, and Chairman of the Arab Business Council; Khalid Abdulla-Janahi, Chairman of the Executive Committee, Shamil Bank of Bahrain, Switzerland, and Vice-Chairman of the Arab Business Council; Fadi Ghandour, President and Chief Executive Officer, Aramex International, Jordan, and Member of the Executive Committee of the Arab Business Council; Mohamed A. Alabbar, Chairman, Emaar Properties PJSC, United Arab Emirates, and Member of the Executive Committee of the Arab Business Council; Abdul Aziz Al Ghurair, Chief Executive Officer, Mashreqbank PSC, United Arab Emirates; Imam Feisal Abdul Rauf, Founder and Chairman, Cordoba Initiative, USA; Fouad Ajami, Director Middle East Studies, John Hopkins School of Advanced International Studies; Robert Z. Lawrence, Albert L. Williams Professor of Trade and Investment, John F. Kennedy School of Government, Harvard University; Mark Pieth, Chairman, Working Group on Bribery, OECD, University of Basel, Switzerland; and James J. Zogby, Founder and President, The Arab American Institute (AAI), USA. Representatives from various governments of the region will also take part.


About Bahrain Financial Harbour
Bahrain Financial Harbour (BFH) is a US$1.3 billion master-planned development, integrating finance, commerce, leisure, lifestyle and the arts within a self contained 24 x 7 integrated development. BFH covers an area of 380,000 square metres and is located on the Manama Corniche, reflecting the unique heritage design and the modernised financial sector of Bahrain and consolidating Bahrain's status as the Middle East's leading financial centre. The holding company of BFH, the Bahrain Financial Harbour Holding Company B.S.C. (c) is headquartered in Seef Tower, Manama.


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