Swiss Alps resort of Davos, Switzerland on Sunday. 70 heads of state, including US President Donald Trump, who surprised them with a late acceptance of an invitation he declined last year. Trump will address the meeting on Friday, in virtually the last event before it ends. The issue of forex 4 arab pdf’s’ greater participation in world and national politics and economics is a major item on the agenda, and the WEF has made a statement of its own by appointing an all-female board of co-chairs to oversee the proceedings.
Men still outnumber women in the official participation lists, however. Only 21 percent are female, but this is a higher level than ever before, WEF said. There is a high level of involvement from the Middle East and North Africa. We are really seeing engagement deepen from the economies and countries of the Middle East. There is an even stronger delegation this year from Saudi Arabia. The changes within the Kingdom last year under the Vision 2030 strategy to reduce oil dependence have prompted renewed interest in the country’s affairs.
There are several high-ranking Saudi ministers at Davos, and it will feature on at least a dozen panels, discussion sessions and cultural events at the meeting. Business will also be conducted in separate events outside the formal WEF structure, with Saudi Aramco, the national oil company expected to launch an initial public offering this year, taking part in many of them. Among other Saudi organizations represented at Davos will be the ministries of commerce and investment, economy and planning, finance, foreign affairs, transportation, and communications. The Saudi banking authorities and Riyadh stock exchange are also listed among participants, as are sports and other investment organizations. A big delegation is also expected from the UAE, traditionally a big participant in WEF, while eight other regional heads of state are expected to attend. The last-minute acceptance by the American president — the first by a White House incumbent since 2000 — has created some stir at the Swiss town, 1,560m up in the Alps.
Its normal population of about 11,000 rises dramatically each January, with armies of support staff looking after the delegates. Security, provided by the Swiss police and army, will be tighter than ever because of the US presidential presence. Sources said some of Trump’s own large security entourage will have to be housed in Zurich, a two-hour car ride away, because the town itself is full. Our world has become fractured by increasing competition between nations and deep divides within societies.
Yet the sheer scale of the challenges our world faces makes concerted, collaborative and integrated action more essential than ever. The world of celebrity will be represented by pop singer Elton John, Hollywood actress Cate Blanchett, and Indian actor and director Shah Rukh Khan. All have received WEF awards for their charitable and humanitarian work. Basic is best for Dubai-based private equity group leader Gateway Partners, says CEO V. DUBAI: The investment philosophy of V. Shankar is summed up in three letters: BAT.