WEF places faith in its Young Global Leaders

Updated 11 May 2018
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WEF places faith in its Young Global Leaders

  • The World Economic Forum (WEF) established the Forum of Young Global Leaders to foster leaders in public-private cooperation and forge a new model of global governance.
  • The leaders include many of the world’s most accomplished under-40-year-olds, including a Formula One champion and a decorated human rights lawyer.

LONDON: In these challenging times, the world needs effective leaders, with high moral integrity and a commitment to action.

In recognition of this, the World Economic Forum (WEF) established the Forum of Young Global Leaders to foster leaders in public-private cooperation and forge a new model of global governance.

Every year, the Forum honors 100 outstanding and uniquely accomplished individuals who are committed to building a peaceful and prosperous shared global future. In return for the honor, the Forum enlists these diverse technologists, teachers, entrepreneurs and innovators in a process of discovery, to achieve more collectively than they could on their own.

Through a five-year journey underpinned by principles of generosity, respect, authenticity and impact, this select group is exposed to opportunities that build their expertise and extend their influence. The journey focuses on cultivating public leadership skills and scaling impact. More than 80% of Young Global Leaders say that their interest in public service stems from a desire to improve or transform society. More than half cited the opportunity to serve as a driving force.

This year’s cohort of 100 comprises an equal number of business and not-for-profit leaders, more than half of whom are from emerging economies. Not for the first time, the majority are women. They include the world’s most accomplished under-40-year-olds, including a Formula One champion and a decorated human rights lawyer.

In the public sector, pioneering leaders from around the world have been identified such as Jagmeet Singh, a Canadian lawyer and politician serving as Leader of the New Democratic Party since 2017.

Alberto Carlos Rivera Díaz, a Spanish lawyer and politician, who has been the leader of Citizens since July 2006. He is a member of the Congress of Deputies and a former member of the Parliament of Catalonia.

Heba Aly has been acknowledged for advancing human rights issues, humanitarian crises and international development on the global agenda.

On the entrepreneurial front, Vivy Yusof is the co-founder of FashionValet and The dUCk Group. She is a blogging veteran of 10 years who has been sharing insights about her life and entrepreneurial journey.

Iyinoluwa Aboyejio co-founded a digital payments platform that is addressing the issue of money transfer across Africa, empowering pan-African merchants to execute business on a global scale.

Bringing style and glamor to the leaders is Priyanka Chopra, Indian actress, singer, film producer, philanthropist, and the winner of the Miss World 2000 pageant.

Representing the media world is Faisal J. Abbas, journalist, author and Editor-in-Chief of the leading Middle East English-language daily, Arab News.

From the world of sport comes Nico Erik Rosberg, the German–Finnish former Formula One racing driver and 2016 Formula One World Champion. And Joy Dunn is senior manager of Spacecraft Solar Production at SpaceX.

The WEF said it is proud to invest in the continued and significant successes of these young global leaders - hoping that they galvanize unity and inspire integrity within a fractured global landscape.


Saudi Arabia swaps crude oil for olive oil

Updated 6 min 43 sec ago
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Saudi Arabia swaps crude oil for olive oil

Arab News LONDON: A German company has won an order to build a masive olive oil mill in Saudi Arabia that will be the largest in Asia.
GEA won the order from The National Agricultural Development Company (NADEC), one of the largest agricultural and food-processing companies in the Middle East.
The scope of the project, located in the region of Al-Jouf, is expected to encompass 5 million olive trees from a single farm of 3,000 hectares, GEA said in a statement on Tuesday.
“Once the construction process is completed, this facility will be largest and most modern olive oil mill in Asia,” said Rafael Cárdenas, head of the Center of Excellence for Olive Oil at GEA.
Gulf states including Saudi Arabia, the region’s largest economy, are investing heavily in developing their domestic food industries in an effort to reduce their reliance on imports and boost their food security.
The contract to build the Al-Jouf olive oil mill is the second phase of an ongoing project and will enlarge the existing olive oil plant that was built in 2016.
Al-Jouf Agriculture Development Company is the largest modern olive farm in the world.