IslamicFinance.de

Klaus Schwab, executive chairman and founder of the World Economic Forum (WEF), has the strong oppinion that it is time for the Middle East to grasp a more holistic, inclusive and qualitative approach to economic development. He stated that the events in this region over the past 10 months have no precedent and have developed a new regional order that is still evolving.

He also reminded that the next World Economic Forum on Europe, the Middle East, North Africa and Central Asia will take place in Istanbul, Turkey, in June 2012.