The Prince Muhammad Bin Salman Foundation’s (Misk) Initiatives Center is participating in the World Economic Forum (WEF), which will begin in Davos, Switzerland, on Tuesday.
Around 3,000 delegates representing 117 countries, including 53 heads of state, are attending the four-day 50th annual gathering. The theme of the conference is “Stakeholders for a cohesive and sustainable world”. The conference will focus on renewing the concept of stakeholder capitalism to overcome income inequality, societal division and the climate crisis.
The Center for Initiatives will review its experiences and initiatives in meeting the challenges of the future and creating solutions. It will also focus on its empowerment programs in diverse fields.
President of G20 Summit 2020
This comes at a time when the world’s attention is turning towards the Kingdom that holds the presidency of the G20 Summit 2020.
The international profile of Misk Initiatives to be enhanced with its presence at the Davos Forum for the third year in a row.
Its participation represented with a host of events, including a pavilion which showcases the Kingdom’s interactions in general and young leaders in particular, on global issues in 2020.
There will also be discussions at the Global Misk Forum, organized by the Center for Initiatives annually in Riyadh. Some world leaders and influencers will attend to discuss the knowledge economy and empowering entrepreneurs.
The pavilion also includes a space for bilateral dialogues among delegates of Davos, after the center, through the Misk Global Forum, presented global programs on the future work and empowering young people in diverse areas, particularly in areas of entrepreneurship and innovation.
There is also a cultural space at the pavilion with interactive digital content called the Saudi Café. There delegates from various cultures get to know the Saudi culture and its society. They will also get a brief about “Misk Charitable Initiatives” and its role in empowering youth, in an experiment that simulates the activities offered by the Center through its various programs.
Participation in Misk’s initiatives
The Café gives attendees opportunities to conclude agreements of participation in any of Misk’s diverse initiatives in the fields of business, culture, technology and media.
The Center will also organize a reception for more than 100 dignitaries participating in Davos event. Joint talks will be held between the attendees and the participants in the sessions. The Foundation also provides them with an opportunity to exchange experiences and possible solutions to international challenges.
Saudi Arabia supports youth
The Kingdom affirms the leadership position in supporting youth, not only at the local level, but also the world’s youth. Since Saudi Arabia and the Forum signed in 2019 a memorandum of understanding. It aims at setting a framework for cooperation in various fields at the global level. It also intends to continue to activate its presence to achieve common global goals to meet the challenges.
The participation of Misk Charity confirms its goals that it pursued since its inception, as it presented in the last version of the Misk Global Forum a number of discussion panels that dealt with the role that young people can play in building a better economic reality for the world, and generating influence in achieving the sustainable development goals, and strengthening the role of entrepreneurs in the MENA region, with the participation of international speakers.
The Center for Initiatives shares its experience by attending the Davos forum in empowering young people. It shows creating opportunities to find artificial intelligence solutions to meet economic challenges. It also shares how it contributed through its various initiatives in building an environment, friendly to entrepreneurship at the local and global levels.
The Center for Initiatives enables interested participants in the Davos forum to explore opportunities for cooperation with the Misk Foundation. It also builds partnerships and cooperation to expand the impact of its initiatives and empower young people.
World Cup for Entrepreneurship
These include World Cup for Entrepreneurship, in which 100,000 young men and women from more than 180 countries participated. It also includes Misk 500 Program, in which Misk Innovation cooperated with the best “500 Startups” in the Silicon Valley. This enabled more than 160 entrepreneurs from several countries in the region to help develop their projects. Besides, undertaking training and qualification programs with international organizations, world class universities and advanced companies.