The Latest Breaking News from World Economic Forum

Al-Falih: We Have Quadrupled Foreign Investment Flows

It might seem somewhat strange for one of the biggest electric car producers to open a factory in one of the world’s major oil-producing countries, but it actually boils down to the story of the most exciting economic transformation of the 21st century. “It is one of the most exciting…

Asharq Al-Awsat · May 27, 2022

Bejjani: Digital Investments Boosted Majid Al Futtaim's Resilience During the Pandemic

Digital investments have boosted Majid Al Futtaim's resilience during the COVID-19 pandemic and accelerated its recovery, announced CEO Alain Bejjani. Majid Al Futtaim is the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia. In an interview with Asharq Al-Awsat on the sidelines of…

Asharq Al-Awsat · May 27, 2022

CM Basavaraj Bommai extends Davos trip, to meet more biz heads

BENGALURU: Chief minister Basavaraj Bommai has extended his stay by a day at the World Economic Forum in Davos, Switzerland, to “attend unscheduled business-to-business meetings” and will now return to Bengaluru on Friday. Bommai was originally scheduled to return on Thursday.

The Times of India · May 27, 2022

Davos 2022: IMF chief says food export bans 'only making crisis worse'

This year's World Economic Forum in Davos has been dominated by the war in Ukraine and its implications on the global economy. With the drop in grain exports from the region, concern is growing over a looming food crisis. FRANCE 24's Business Editor Kate Moody spoke to IMF Managing Director…

France 24 · May 26, 2022

At Davos, climate activists say major issues ignored

Climate activists are reflecting on discussions during this week's World Economic Forum in Davos, Switzerland

The Independent UK · May 26, 2022

Globalization's cheerleaders grasp for new buzzwords at Davos

World leaders, financiers and chief executives said they were leaving this week's World Economic Forum with an urgent sense of the need to reboot and redefine 'globalization'.

Reuters · May 26, 2022

Qualcomm Chief Sees Prospects In High-End Smartphones, Meta Partnership Thanks To Augmented and Virtual Reality

In an interview at the World Economic Forum, Qualcomm Inc (NASDAQ:QCOM) CEO Cristiano Amon talked about growth as consumers increasingly chased "better phones," Reuters reports. Qualcomm's share with devices like the Samsung Galaxy grew from 40% share to over 75%. Qualcomm's technology powers augmented and virtual reality devices, including those made by Facebook…

Benzinga · May 26, 2022

Davos Voices: What leaders say about climate change, war

The World Economic Forum’s annual gathering of CEOs, government leaders and other elites this week in the Swiss town of Davos may seem full of important but impersonal announcements

The Independent UK · May 26, 2022

Back to snow: World Economic Forum reverts to January for 2023

The World Economic Forum will revert to January for its 2023 annual meeting in the Swiss ski resort of Davos after moving to the spring for the first time due to the coronavirus pandemic.

Reuters · May 26, 2022

Davos 2022: EBRD chief warns of risk of 'food crisis' amid war in Ukraine

Our Business Editor Kate Moody has been speaking to the head of the European Bank for Reconstruction and Development (EBRD) at the World Economic Forum in Davos. EBRD head Odile Renaud-Basso explained how the institution, which was already present in Ukraine before the Russian invasion, has been "shifting" its support…

France 24 · May 26, 2022