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Alghanim ..... role of the private sector is often overlooked

Alghanim named co-chair of Mena World Economic forum

KUWAIT, May 17, 2015

Kuwaiti-national Omar Kutayba Alghanim, chief executive officer of Alghanim Industries, has been appointed as the co-chair of the World Economic Forum on the Middle East and North Africa, which will take place later this month in Jordan.

The event will be held from May 21 to 23, at the King Hussein Bin Talal Convention Centre on the Dead Sea.

Alghanim will be contributing to one of the meeting’s sessions – “The Youth Imperative” which will examine the shifts that are required to equip the region’s youth with the skills needed to promote a future environment of peace and prosperity, said a statement from the event.

An active contributor to the forum’s strategic agenda, he also serves as chair of the Regional Business Council (RBC) for the Mena region, which is responsible for delivering the second phase of the forum’s “New Vision for Arab Employment” study, and is also a member of the forum’s Global Advisory Board for Employment, Skills and Human Capital, it added.

Alghanim said: “The role of the private sector is often overlooked in the current debate around the Mena region, but it has a fundamental role to play in driving regional stability and prosperity.

“Too many of our young people are feeling marginalised, leading them to disengage from society and humanity. As responsible business leaders, we must help create inclusive economies, develop skills, foster a culture where entrepreneurship is celebrated, and help cultivate a strong and competitive market for diverse talents,” he added.

Alghanim will share his role as co-chair along with four other senior global leaders which include Gordon Brown, former UK Prime Minister and chair of the World Economic Forum Global Strategic Infrastructure Initiative; Suma Chakrabarti, president of the European Bank for Reconstruction and Development; Sheikha Bodoor Al Qasimi, chairman of Sharjah Investment and Development Authority; and John Rice, vice-chairman of GE.

“The World Economic Forum on the Middle East and North Africa gives the private sector a first class opportunity to have its voice heard on the issues that are defining our region,” said Alghanim.

“We must seize this opportunity and, as business people, align ourselves around the things we can do now to equip our young people to succeed and contribute in a meaningful way to society,” he added. – TradeArabia News Service




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