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Representatives of the World Economic Forum and King Abdullah II Fund for Development signed a memorandum of understanding (MOU) in Geneva that marks the start of preparations for the World Economic Forum on the Middle East.
More than 1,200 participants drawn from the highest level of government and business worldwide are expected to take part in the meeting to be held at the Dead Sea, Jordan, from May 15 to 17, 2009.
The MOU was signed by Bassem Awadallah, vice-chairman of the Board of Trustees of the King Abdullah II Fund for Development, and AndrŽ Schneider, managing director and chief operating officer of the World Economic Forum.
The forum on the Middle East will engage leaders in dialogue to identify key regional dynamics and international trends that will define the region and its global position in the next decade. Through a variety of formats, the meeting will look at the Middle East's role in shaping the new global economic order.
