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World Economic Forum on the Middle East

Press Release
 
 
09 May 2006
The Promise of a New Generation

Sharm El Sheikh, Egypt 20-22 May 2006

The Middle East is experiencing an oil-driven boom that has generated substantial liquidity for investment and driven equity and property prices to record highs.

Global companies are emerging from the region in industries such as ITC, media, logistics and transport, and tourism, while international firms look to embrace new possibilities and engage in driving the economic growth of the region.

These developments, supplemented by new positive dynamics in the region's politics, have given much cause for optimism. This optimism is matched by the challenge of meeting the needs and expectations of the next generation of young people who represent the future of the Middle East.

The World Economic Forum on the Middle East, on 20-22 May 2006, will focus on these challenges, shaping the regional agenda towards bold decisions that will provide hope and opportunity for young people. Job creation must be at the heart of the region's future, and the business agenda and labour market issues will form the core of a stimulating and comprehensive programme. Other sub-themes will cover the rule of law, peace, security and international relations, and issues of youth, culture and identity.

Participants will be drawn from the highest level of government and business, as well as top experts and civil society representatives. We invite you to join this exclusive gathering to survey the emerging opportunities and help the Middle East to prepare for the next generation.

Co-Chairs
M. Shafik Gabr, Chairman and Managing Director, Artoc Group for Investment, Egypt
H.R.H. Princess Lolwah Al Faisal, Vice-Chair of the Board of Trustees and General Supervisor, Effat College, Saudi Arabia
Stelios Haji-Ioannou, Chairman, easyGroup (UK), United Kingdom
Nemir A. Kirdar, Founder, President and Chief Executive Officer, Investcorp, United Kingdom
Mohamed H. Al Mady, Vice Chairman and Chief Executive Officer, Saudi Basic Industries Corporation (SABIC), Saudi Arabia
William R. Rhodes, Chairman, Chief Executive Officer and President, Citibank, USA

For more information, please contact middleeast@weforum.org

-Ends-

© Press Release 2006

 
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