RIYADH: The Islamic Development Bank (IDB) is currently undertaking intensive preparations for its 42nd annual meeting in Jeddah on May 14-18 to be attended by more than 2,000 participants.
The annual meeting will offer a significant opportunity to explore ways to help IDB’s 57 member countries connect education to labor market requirements with an emphasis on youth empowerment.
The meeting agenda includes a youth summit to be held on May 15-16 at the Jeddah Hilton Hotel, aiming to shape the future of youth and enhance youth engagement in socio-economic development.
On its website, the IDB said participants will include senior officials and major youth influencers and youth groups of different specializations from member countries.
“Inclusive human development is a key element of our 10-Year Strategic Framework,” said Abdulhakim Elwaer, IDB’s spokesman.
“The 42nd annual meeting comes as a major occasion to achieve this by sharing experiences and best practices on education initiatives, and strengthening partnership with the private sector on youth empowerment,” Elwaer said.
He added: “The annual meeting will offer a broad platform for decision makers from all member countries to discuss the challenges and opportunities in education and skills and competencies to meet the demands of the 21st century labor market.”
The IDB said the World Economic Forum, in its 2016 report future employment has pointed out that in many countries, the most in-demand jobs or specializations did not exist 10 or even five years ago and that the pace of change is set to accelerate and will not stop. The report estimated that 65 percent of children entering primary school today will ultimately end up working in completely new job types that do not yet exist.
In line with the theme of the annual meeting, IDB is looking to chart the path toward youth economic empowerment in all its member countries through workshops and flagship events, led by top-level panelists from the government, private sector, academia and civil society.
The annual meeting will offer a significant opportunity to explore ways to help IDB’s 57 member countries connect education to labor market requirements with an emphasis on youth empowerment.
The meeting agenda includes a youth summit to be held on May 15-16 at the Jeddah Hilton Hotel, aiming to shape the future of youth and enhance youth engagement in socio-economic development.
On its website, the IDB said participants will include senior officials and major youth influencers and youth groups of different specializations from member countries.
“Inclusive human development is a key element of our 10-Year Strategic Framework,” said Abdulhakim Elwaer, IDB’s spokesman.
“The 42nd annual meeting comes as a major occasion to achieve this by sharing experiences and best practices on education initiatives, and strengthening partnership with the private sector on youth empowerment,” Elwaer said.
He added: “The annual meeting will offer a broad platform for decision makers from all member countries to discuss the challenges and opportunities in education and skills and competencies to meet the demands of the 21st century labor market.”
The IDB said the World Economic Forum, in its 2016 report future employment has pointed out that in many countries, the most in-demand jobs or specializations did not exist 10 or even five years ago and that the pace of change is set to accelerate and will not stop. The report estimated that 65 percent of children entering primary school today will ultimately end up working in completely new job types that do not yet exist.
In line with the theme of the annual meeting, IDB is looking to chart the path toward youth economic empowerment in all its member countries through workshops and flagship events, led by top-level panelists from the government, private sector, academia and civil society.
