Events
World Economic Forum on the Middle East
5/28/2006

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 and regional industry.
 
The World Economic Forum on the Middle East held its meeting this year in Sharm el Sheikh from 20-22 May 2006 with “the promise of a new generation” as its main theme.

The Forum tackled the challenges of meeting the needs and expectations of the next generation of young people, who represent the future of the Middle East.

The Co-Chairs of the World Economic Forum on the Middle East have set five pillars for action to help prepare the way for a more prosperous future for the region. Over the course of the three-day meeting, participants focused on democracy, peace and stability; youth and understanding; global integration; investing in the future; and the business agenda.

Over 1,100 participants at the World Economic Forum on the Middle East have committed to increase the role of the private sector in driving the Arab world development agenda. The meeting’s Co-Chairs delivered a joint list of outcomes from the three-day conference which included the launch of the Egyptian Education Initiative to benefit 820,000 children in 2,000 schools (EEI). EEI is a partnership between the government of Egypt and the World Economic Forum’s IT members community. The initiative supports Egypt’s overall education reform efforts and maximizes the potential for collaborative public-private partnerships (PPP) to achieve its goals. Since the Annual Meeting in 2005, the World Economic Forum has been working with the government of Egypt to identify areas of priority and potential opportunities for private sector collaboration. IT companies working with the government of Egypt in the area of education have also contributed in the formulation of this proposal, which takes into consideration Egypt’s education system challenges in terms of volume (numbers of schools, students and teachers).

Prior to the World Economic Forum, the Ministry of Communications and Information Technology (MCIT) organized a Convergence Day on 19 May 2006 under the title “The Convergence of ICT and Broadcasting Conference – A Regional Prospective and Opportunities”. The conference plenary sessions was held in Egypt Hall, Savoy Hotel, Sharm El Sheikh. It is worth mentioning that Egypt enjoys a number of opportunities for convergence in the areas of infrastructure, technology, or services provision depending on the availability of a number of critical success factors in the environment in content, infrastructure and regulative environment.

Dr. Amr Badawi, NTRA Executive President, was on the top of the speakers in the Convergence Conference in Session III. The presentation “A Converged Egypt” addressed the impact of convergence on regulation, the challenges and road map of convergence.
Other achievements of the World Economic forum on the Middle East included the following:
•  Participants expanded a valuable network to foster communication and exchange among young people through the Forum’s Young Global Leaders community.
•  For the first time, the Women Leaders Program brought together women ministers from across the region to construct a five-year action plan for public- and private-sector policies to address the region’s gender gap.
•  The Forum took initial steps to launch a private sector-funded branding campaign for the Middle East under the banner “Red Tape Out, Red Carpet In”.
•  The Forum recognized social entrepreneurs for their achievements in promoting sustainable business practices in Egypt.
•  Egypt’s National Competitiveness Council published its third report.
•  There was agreement to consider amendments to the open skies policy for Egypt.

For more information about the Convergence Conference, please go to http://www.convergenceconference.com.eg/

For information about the World Economic Forum, please go to: http://www.weforum.org