Davos

Macron hosts 140 CEOs in pre-Davos charm offensive

Paris - Muslimchronicle

President Emmanuel Macron's campaign for a "French Renaissance" kicks into overdrive Monday as he welcomes 140 multinational business leaders before this week's jamboree of the rich and powerful in Davos. The business-friendly president will host executives at the grand Versailles chateau near Paris for an event billed as a warm-up for Tuesday's opening of the World Economic Forum in the Swiss mountains. SeveralRead more

Five things to know about Davos

Davos - Muslimchronicle

With the World Economic Forum kicking off in earnest on Tuesday, AFP presents a guide to the week-long event in the Swiss Alps. - WHAT IS ‘DAVOS‘? - Davos is shorthand for the World Economic Forum (WEF), which in its original guise was founded in 1971 by German business professor Klaus Schwab as a way for European corporate leaders to learn fromRead more

Trump to meet British PM May in Davos next week

Washington - Muslimchronicle

US President Donald Trump plans to meet Britain's Prime Minister Theresa May at the World Economic Forum in Davos next week, the White House said Friday. The announcement came after Trump cancelled a planned trip to London, casting further doubt on the strength of the vaunted trans-Atlantic "special relationship." "President Trump looks forward to having a bilateral meeting with UK Prime Minister May inRead more

World business leaders meet in Dubai’s forum

Dubai - Muslimchronicle

More than 700 international business leaders, policymakers and young intellectuals from 75 countries will gather in the UAE today to take part in a two-day summit to debate the impact of technological and communication change on the societies of the future. Under the theme of “the globalization of knowledge in a fracturing world,” the Dubai meeting of the World EconomicRead more

Dubai’s Majid Al Futtaim CEO: Souq.com is a great company

Davos - Arab Today

Majid Al Futtaim Holding wants to expand its e-commerce operations and would not rule out an acquisition of Souq.com, the online trader that has been at the centre of takeover speculation. Alain Bejjani, the chief executive of the retail conglomerate behind Mall of the Emirates, said: "Digital trading is very important for us. It is absolutely necessary to grow it.Read more

Swiss raise their voices for yodel fest

DAVOS - Arab today

Dressed in round black hats and bright red waistcoats, the huddled circle of men burst into song, their falsetto voices echoing across the mountain valley: “Yodelayheehoo”. High in the Alps, the resort of Davos is playing host to the Swiss Federal Yodelling Festival, a three-yearly magnet for lovers of mountain folk music and the region’s centuries’ old traditions. “It’s allRead more

World’s eight richest people have same wealth as poorest 50%

London - Arab Today

The world’s eight richest billionaires control the same wealth between them as the poorest half of the globe’s population, according to a charity warning of an ever-increasing and dangerous concentration of wealth. In a report published to coincide with the start of the week-long World Economic Forum in Davos, Switzerland, Oxfam said it was “beyond grotesque” that a handful ofRead more

Biden calls Russia biggest threat to international order

Davos - Arab Today

US Vice-President Joe Biden, in his last major speech before leaving office, described Russia on Wednesday as the biggest threat to the international liberal order and said Washington must work with Europe to stand up to Vladimir Putin. Biden, speaking at the World Economic Forum in Davos, Biden said he wasn’t going to “mince words” in what he described asRead more

Indonesian entrepreneur tackles plastic scourge

Jakarta - Arab Today

From bags washing up on Bali's beaches to food packaging scattered across roads and clogging waterways in cities, Indonesia is facing a plastic waste crisis driven by years of rapid economic growth. Now an entrepreneur from Bali, disgusted at the rubbish littering the famous holiday island, is trying to tackle the problem with alternatives to conventional plastic. His company, AvaniRead more