World Economic Forum
However, developing and emerging countries received only 13% of these funds, while the countries of the Global South received a mere 2%
Egypt is actively overseeing the implementation of 80 port projects, with a total investment of LE 129 billion, in collaboration with 100 private sector companies.
The event, titled "Global Collaboration, Growth and Energy for Development," will take place on April 28 and 29. Over 1,000 participants from governments, the private sector, and international institutions are expected to attend.
According to World Economic Forum officials, more than 2,700 leaders from 130 countries, including 52 heads of state and government, will attend the event in the Swiss Alpine resort.
Minister of Foreign Affairs Sameh Shokry, president-designate of COP 27, received Tuesday a phone call from President of the World Economic Forum Borge Brende.
The Minister held a bilateral meeting with Her Majesty Queen Maxima of the Netherlands, United Nations Secretary-General's Special Advocate for Inclusive Finance for Development, to deepen financial inclusion in Egypt and particularly in the rural areas.
During the meeting, Shoukry discussed with CEO of Boston Consulting Group, a UN Climate Change Conference (COP27) partner, means of mobilizing climate finance and the role of the private sector on the international climate action.
The session comes under the title: The Road to the 27th session of the Conference of the Parties (COP 27) to the UNFCCC: Partnerships between the public and private sectors in climate action in the Middle East and North Africa.
On the 4th day of the World Economic Forum, Davos Agenda, 2021, the Regional Action Group for the Middle East and North Africa met virtually to discuss the policies, practices and partnerships needed to implement stakeholder capitalism and catalyze the region’s transformation for the post-COVID era.
The Ministry of International Cooperation, the National Council for Women, and the World Economic Forum, have launched “Closing the Gender Gap Accelerator”, a national public-private collaboration model which enables governments and businesses to take decisive action on closing economic gender gaps.
She highlighted that the panel works to improve the economic situation and beef up inclusive growth in the Middle East and Africa countries.
World Economic Forum kicked off Tuesday in the Swiss city Davos, with the participation of the Egyptian Minister of International Cooperation Rania al-Mashat.
He said Thursday in a statement issued by the Egyptian Ministry of Investment that the economic reforms have contributed to improving the investment climate.
Egypt is keen on empowering women,especially in the tourism sector, according to Minster Rania al-Mashat statements on Wednesday.
Bill Gates, Co-Chair of the Bill & Melinda Gates Foundation, will partake in the 32nd African Union (AU) Summit, set to kick off on Sunday in Addis Ababa.
Major oil and gas firms have been venturing into renewable power under pressure from climate-change policy, collectively spending around 1 percent of their 2018 budgets on clean energy
The annual Edelman Trust Barometer shows only one in five people believe the economic, political and social system is working for them, while nearly 60 percent think trade conflicts are hurting their companies and putting their jobs at risk.
The Kremlin does not rule out the participation of President Vladimir Putin in the World Economic Forum in Davos next month, spokesman Dmitry Peskov said on Wednesday.
Women may be shouting louder than ever for equal treatment and pay.
From climate change to counter-terrorism, world leaders had plenty of non-economic messages during the World Economic Forum's Annual Meeting 2018 in Davos.
