Posted on January 20, 2017

The 47th edition of the World Economic Forum (WEF) kicked off Tuesday in Davos, Switzerland with the participation of more than 3,000 political and economic leader and official to discuss the major global issues.

HE Minister of Finance Ali Shareef Al Emadi is leading Qatar's delegation to the annual meeting, with the delegation comprising HE Minister of Economy and Commerce Sheikh Ahmed bin Jassim bin Mohamed Al-Thani and Qatar Investment Authority CEO HE Sheikh Abdullah bin Mohamed bin Saud Al-Thani. HE the minister of finance met WEF President Klaus Schwab in the presence of HE the minister of economy and commerce. 

The forum, which takes place from Jan. 17 to 20, features over 400 sessions with the participation of more than 30 heads of states and governments. This year, the forum focuses on the issues of promoting global cooperation, reviving economic growth, reforming capitalism, preparing for the fourth industrial revolution, and rapid growth in communities. China is strongly participating in the WEF, with President Xi Jinping of the world's second biggest economy addressing thousands of economic and political decision makers across the globe as China aims to indicate for an economic elite afraid of political change in the United States and Europe that it will be ready to defend their vision for economic exchange and assure them that it can take charge of free exchange in the world.

British Prime Minister Theresa May is also taking part in the forum along with U.S. Vice President Joe Biden, the presidents of Azerbaijan and Ukraine, the Russian vice president, U.N. Secretary General Antonio Guterres, the World Trade Organization director general, IMF director, director general of the International Atomic Energy Agency, and International Labor Organization director general. Established in 1971, WEF is a not-for-profit foundation headquartered in Geneva. It is independent, impartial and not tied to any special interests.

The forum convenes annually and engages the foremost political, business and other leaders of society to shape global, regional and industry agendas. It strives to demonstrate entrepreneurship in the global public interest while upholding the highest standards of governance.