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Ithmaar Bank chairman Khalid Abdulla Janahi, has been appointed co-chair of the World Economic Forum on the Middle East 2008, which will be held in Sharm El-Sheikh, Egypt, from May 18 to 20.
The annual forum on the Middle East is the foremost global gathering of political and business leaders in the Arab world.
Mr Janahi, who leads one of the most diversified financial services groups in the Middle East, the Ithmaar banking group, is one of only two co-chairs selected from the Arab world.
Under the theme 'Learning from the Future' participants will explore realistic scenarios for the future of the region, and work backwards up to the present time to try to determine what needs to be done to reach the desired results.
"The future belongs to the new generations, it is not ours. We need to create an environment that gives potential entrepreneurs and leaders the chance to accomplish their goals; luck and inheritance are not ingredients to a sustainable growth," said Mr Janahi.
