Kuwait's Alshaya to chair World Economic Forum
by This email address is being protected from spam bots, you need Javascript enabled to view it on Thursday, 15 May 2008
Mohammed Alshaya, chairman of leading Kuwaiti franchise retailer M.H. Alshaya Company, is to be the first Kuwaiti national to co-chair this year's World Economic Forum on the Middle East.
The forum, to be held from May 18-20 in Sharm El-Sheikh in Egypt, will be held under the theme "Learning from the Future" and will be attended by 12 heads of state including President Hosni Mubarak of Egypt and US President George W. Bush.
"We have an important agenda that will challenge our region, economically, socially and environmentally," Alshaya said in a statement.
"I hope a clear understanding will emerge of the kind of initiatives needed to address the issues the region must face - employment, the role of the private sector, the rediscovery of entrepreneurship, and how we educate future generations so that they maximize their potential."
M.H. AlShaya, headed by Alshaya, has brought many of the world's leading retail brands to the Middle East including Starbucks, H&M, The Body Shop, Foot Locker, Mothercare, Debenhams, River Island and Boots.
Alshaya will be joined by five other fellow co-chairs including the Duke of York, UK special representative for international trade and investment; Yuriko Koike, member of the House of Representatives, National Diet of Japan; Paul Rice, president and CEO of TransFair, USA; Jimmy Wales, founder and chair emeritus of Wikia, USA; and Khalid Abdulla-Janahi, chairman of Ithmaar Bank of Bahrain.
The forum, to include 1,500 delegates, will include debates and discussions focused on how the business, political and social environment in the region might change between now and 2025.
In addition to his duties as co-chair, Alshaya will be participating as a panelist in a session entitled "Secrets of Success - the making of the Middle Eastern Multinational" and in a discussion on corporate global citizenship entitled "Does Arab Business Care?"
ArabianBusiness.com will be covering The World Economic Forum on the Middle East from Sharm El-Sheikh, Egypt in an exclusive special report.
READERS' COMMENTS
MORE FROM ARABIANBUSINESS.COM
TOP IN MIDDLE EAST RETAIL
TOP MIDDLE EAST BUSINESS STORIES
ALSO IN MIDDLE EAST RETAIL
LATEST MIDDLE EAST BUSINESS NEWS
- Personal Finance: Credit bureaus combine to form regional group
- Healthcare: Kuwait swine flu fatalities rise to 24
- Politics & Economics: Mideast needs to improve insolvency rules - World Bank
- Travel & Hospitality: ADNH sees net profit up by 28% but hotels suffer
- Politics & Economics: Abu Dhabi economy seen growing 4% in 2010
SHARE PRICE CHECK
RELATED STORIES
Wefme2008
3 stories- Talent is 'new oil' in Middle East
20 May '08 | News - Zain to enter Mali by year-end
20 May '08 | News - Air Arabia predicts revenues of $408mn in '08
20 May '08 | News
M.H. Alshaya Co
- Office Depot set for Mideast debut
3 Aug '09 | News - Cooking up a treat
20 May '09 | Features - Gulf's largest retailer sees sales rise in April, May
14 May '09 | News




