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World Economic Forum on the Middle East and North Africa Building New Platforms of Cooperation

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World Economic Forum on the Middle East and North Africa Building New Platforms of Cooperation Regional Agenda World Economic Forum on the Middle East and North Africa Building New Platforms of Cooperation Dead Sea, Jordan 6-7 April 2019 Contents Preface Preface 3 Meeting highlights 4 Co-Chairs 6 News from the Dead Sea 8 The Fourth Industrial Revolution in the Arab 12 World Shaping a New Economic Model 18 Stewardship for the Regional Commons 24 Mirek Dušek Finding Common Ground in a 30 Deputy Head of the Centre for Multiconceptual World Geopolitical and Regional Affairs Member of the Executive Committee Tackling regional challenges with start-ups 36 World Economic Forum Acknowledgements 40 Digital update 42 Contributors 43 Maroun Kairouz Community Lead, Regional Strategies, MENA Global Leadership Fellow World Economic Forum World Economic Forum ® © 2019. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by any information storage and retrieval system. This report is Cradle-to-Cradle printed with sustainable materials 2 World Economic Forum on the Middle East and North Africa As the world economy enters By fostering the appropriate In addition, the Forum’s community Globalization 4.0 – driven by conditions as the Fourth Industrial of Global Shapers from the region emerging technologies and Revolution takes root, policy-makers convened ahead of the meeting to ubiquitous data – the Middle East and leaders can leverage the learn about actions that can be taken and North Africa seeks to leverage momentum of reform in many of the towards restoration of the natural this new era and forge its own path region’s countries to create the right environment as part of the fight for societal and economic ecosystem for business, civil society against climate change. These advancement. and government to jointly boost vibrant young entrepreneurs joined inclusive and economic progress in sessions to add the voice of youth In this context, more than 1,000 the Middle East and North Africa. and shake up the regional discourse. leaders from government, business and civil society gathered at the Dead But harnessing the technological The meeting also convened a Sea for the 17th World Economic wave can be achieved only by session on Peace and Reconciliation Forum on the Middle East and North mobilizing all sectors of society to reinforce its platform for diplomatic Africa – the 10th in Jordan. The towards a common vision, shunning dialogue. In this context, we brought meeting took place with the full protectionism and laissez-faire together a senior multistakeholder support and presence of Their attitudes. With this in mind and community of practitioners with Majesties King Abdullah II bin Al building on efforts to advance gender governmental decision-makers and Hussein and Queen Rania Al parity in the region, the meeting business leaders to share best Abdullah, and H.R.H. Crown Prince featured sessions with some of the practices, identify challenges and Al Hussein bin Abdullah II of the Arab world’s most innovative women map out opportunities for public- Hashemite Kingdom of Jordan. entrepreneurs. private partnership to strengthen collective efforts towards conflict Under the theme “Building New The Forum once again extended its prevention, mitigation and recovery. Platforms of Cooperation”, the platform to the top 100 Arab start- programme provided collaborative ups in recognition of the growing We would like to thank Their platforms to think about and tackle voice of an emerging generation of Majesties King Abdullah II and Queen common challenges of our joint entrepreneurs. Their leadership holds Rania Al Abdullah, and the future. Leaders from Gulf a key to addressing one of the Government of the Hashemite Cooperation Council countries, the world’s most intractable challenges: Kingdom of Jordan for their valued Levant and North Africa, as well as how to create a positive future for the support, and look forward to key international stakeholders from millions of young people entering the continuing our partnership into the the United States, Europe, East and job market every year. future. We would also like to thank West Africa, and other regions, the Co-Chairs for their support addressed five transformational As the sustainability agenda rises in before and during the meeting. imperatives facing the region: New priority for the region’s decision- economic and social models, the makers, participants considered the The Forum is grateful to its Members Fourth Industrial Revolution, consequences of environmental and communities for their ongoing entrepreneurship and innovation, degradation and climate change that commitment to and engagement at environmental stewardship, and increasingly affect the daily lives of the World Economic Forum on the peace and reconciliation. the region’s citizens – from Middle East and North Africa. We desertification to water crises and look forward to welcoming you to our soaring levels of pollution. next gathering. World Economic Forum on the Middle East and North Africa 3 Meeting highlights • The 100 most promising start-ups of the Arab world participated in the World Economic Forum on the Middle East and North Africa and engaged with industry and government leaders to discuss the future of their industries and how to add value to society. Their tailored programme included sessions on social impact, cybersecurity and an informal dialogue between Khalid al Rumaihi, Chief Executive of the Bahrain Economic Development Board, and Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. The initiative • The United Arab Emirates (UAE) has announced aims to further integrate the Arab world's most it is granting five-year visas for the top 100 start- promising start-up entrepreneurs into a national ups shaping the Fourth Industrial Revolution and regional dialogue on pressing challenges. that were selected at the World Economic The Forum and the selection committee chose Forum on the Middle East and North Africa. The the start-ups from among more than 400 announcement of the five-year visas was made applications. by Abdulla bin Touq, Secretary-General, Cabinet of the United Arab Emirates, and Khalfan Juma • At the meeting, Bahrain announced the roll-out Belhoul, Chief Executive Officer of the Dubai of a new programme of support for the 100 Future Foundation. Arab start-ups shaping the Fourth Industrial Revolution. The structured programme will allow start-ups to rapidly scale up their businesses and access a broader spectrum of support in Bahrain. It includes: access to the Bahraini market for all companies that have been recognized under the 100 Arab Start- Ups banner – going back to those selected in 2017; fast-tracking of applications to establish a presence in Bahrain; creation of a special concierge service to help start-ups navigate and benefit from the local Bahrain ecosystem; and an opportunity to pitch and access funding from • Recognizing the potential of technology to Bahrain’s Sovereign Wealth Fund, as well as support the transition to the circular economy the VC partners of Al Waha Fund of Funds and within the MENA region and globally, the United family offices in the Kingdom. Arab Emirates, represented by the Ministry of Cabinet Affairs and the Future, in partnership with the Ministry of Climate and Environment and the Ministry of State for Artificial Intelligence, has committed $1 million to support SCALE 360. The initiative of the World Economic Forum aims to unlock the potential of the technologies of the Fourth Industrial Revolution for the circular economy. 4 World Economic Forum on the Middle East and North Africa • A delegation of faith leaders from the Bahá'í faith, Christianity, Islam and Judaism discussed how to address the challenges of Globalization 4.0 and foster harmony and cooperation across communities, without hindering them. Furthermore, they explored different ways that religion can contribute to shaping new economic and environmental models, and create platforms that contribute to the growth of the region. • The World Economic Forum’s Global Shapers, a community of 20-30-year olds, launched two Hubs in Jerusalem. Global Shapers from East and West Jerusalem jointly expressed their determination to make the voice of their generation heard in building peaceful and equitable societies. • More than 100 Global Shapers took part in the SHAPE MENA programme on 2-4 April 2019 with the support of the Amman Hub. • First Lady of Turkey, Emine Erdoğan, shared The meeting spotlighted local champions learning from her environmental initiative “Zero of environmental restoration. The Shapers Waste” with participants at the meeting. The travelled to the city of Azraq and visited reserves project aims at decreasing waste as well as and protected sights to get a better sense of encouraging more efficient recycling. The indigenous-led initiatives tied to environmental initiative has helped to reduce plastic-bag usage restoration and met with members of the local by 70% in Turkey since its implementation and community. has been adopted by 15,000 enterprises in Turkey in the last 15 months. • The University of the People (UoPeople), a non-profit, tuition-free, US-accredited online • The World Economic Forum launched The university, announced the UoPeople in Arabic Middle East and North Africa Risks Landscape at the World Economic Forum on the Middle to inform the debate on business and societal East and North Africa. The university will be run risk and help leaders to prepare for and mitigate primarily by refugees and for refugees from Syria, risks to their organizations. While unemployment, Yemen, Libya, and Iraq, as well as other qualified governance challenges and energy price shocks students. UoPeople’s approach to tackle to the are seen as major risks by business leaders in higher education crisis in the MENA region will the Middle East and North Africa, the fallout from provide refugees, internally displaced persons climate change might be a blind spot. and asylum-seekers with a quality university degree to help these vulnerable populations create a better future for themselves, their families, and their communities.
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