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Saudi Arabia to Host World Economic Forum Middle East Summit

RIYADH – Saudi Arabia will host a “special meeting” of the World Economic Forum (WEF) on the Middle East during the fourth industrial revolution in April, WEF President Borge Brende announced in Davos.
“The next Middle East summit will be held in Saudi Arabia on April 5 and 6 this year,” said Brende.
In partnership with the G20 Secretariat in Saudi Arabia, the WEF aims to “provide stakeholders in the region the opportunity to adopt a proactive attitude,” according to the official announcement on the WEF website.
The Kingdom also assumed the presidency of the G20 in December last year, making it the first time that the summit will be hosted by an Arab nation.
The WEF meeting sees the Saudi presidency as “a unique opportunity for the whole region to have a global vision of its future”.
The theme of the WEF meeting will be the Fourth Industrial Revolution, highlighting complex technological change and the resulting need for industry, government and civil society to work together to shape it.
Other transformative issues that WEF has been working on for a long time will also serve as the foundation to build on during the meeting, the announcement added.
Saudi Arabia’s new role at the top of the Group of 20 Major World Economies is the result of reforms that have been going on for over a decade, according to diplomats and officials.
(Sahar News Monitoring Desk)

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