World Economy

Jordan King Inaugurates WEF

Jordan King Inaugurates WEFJordan King Inaugurates WEF

King of Jordan Abdullah II inaugurated on Saturday the World Economic Forum on the Middle East and North Africa at the Dead Sea, Sharq al-Awsat reported. The forum is held under the theme of “Empowering Generations Into the Future”, with the participation of more than 1,100 politicians and business people from more than 50 countries who came together to find ways to transform stagnant economies of the troubled MENA region. The WEF’s regional gathering is looking at how to encourage entrepreneurship and technological innovation to create private-sector jobs in a region with 30% youth unemployment. Organizers have invited the founders of 100 start-ups from the Arab world, including some from conflict-scarred countries such as Syria, Yemen and Libya. Sessions stretching over two days will also look at the fallout from the region’s conflicts, including the uprooting of millions of people in the worst refugee crisis since World War II.


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