Jordan Times
Monday, May 7, 2007

World Economic Forum Returns to Jordan in May

Amman, May 7(Petra)—The World Economic Forum on the Middle East will convene at the Dead Sea from 18-20 May where 1000 participants will listen to King Abdullah II opening address on their role in supporting conflict resolution, economic cooperation and development.

The Three- days forum will be held under the title” Putting Diversity to Work” which will spotlight efforts to accelerate economic diversification in a time of regional prosperity, while emphasizing the urgency of promoting peace and understanding in a region of great religious and ethnic diversity. Sessions will include discussions on industries of the future to broaden understanding of new industries that are playing a role in reshaping the region’s economies; on stability, peace and international relations, featuring a debate among key political leaders on the path to peace and security in the Middle East; and on society and change, addressing the prerequisites for successfully facing challenges in a time of transformation.

Vice President of the board of trustees of King Abdullah Development Fund Basem Awadallah told Petra on Monday that King Abdullah has worked hard to bring the forum to the region because of the opportunities it provides for leaders from the world of business, politics and civil society. He added that the Dead Sea is the main headquarters for convening the World Economic Forum on the Middle East even if some of its meetings were held sometimes in other countries.

Dr.Awadallah said that Jordan succeeded in bringing the forum from Davos to Jordan for the first time in 2003and in allocating an extraordinary annual session for the Middle East.

He added that the importance of the forum stems from the fact that it gathers leaders from the world of business which would be a great opportunity to promote Jordan’s competitiveness in human resources and investment opportunities. It would also be an opportunity to market Jordan’s tourism.

Awadallah said that holding the Forum at the Dead Sea would serve as a platform for Arabs to discuss the issues of the region. He added that for the first time 15 Jordanians will enjoy the opportunity to address the Forum which is something totally new in international conferences.

Jordan is expected to sign various agreements on the sidelines of the Forum.

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging leaders in partnerships to shape global, regional and industry agendas. It was incorporated as a foundation in 1971, and is based in Geneva, Switzerland and is an impartial Forum and not-for-profit; it is tied to no political, partisan or national interests.


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