Madbouli to Take Part in Davos 2019

By Nawal Sayed

CAIRO, Jan. 21 (SEE) - Egypt's Prime Minister

Moustafa Madbouli headed to Switzerland where he will take part in the World

Economic Forum (WEF) due to be held between Jan. 22-25.

The WEF is best known for its annual meeting at

the end of January in Davos, a mountain resort in Graubunden, in the eastern

Alps region of Switzerland.

The Davos meeting is used to bringing together hundreds

of top business leaders, international political leaders, economists,

celebrities and journalists for up to four days to discuss the most pressing

issues facing the world.

People are seen in a congress center ahead of the World Economic Forum in Davos, Switzerland, January 20, 2019. REUTERS/Arnd Wiegmann

The WEF was founded in 1971 by Klaus Schwab, a

German-born business professor at the University of Geneva under the name of the

"European Management Forum."

In 1987, the name was changed to the World

Economic Forum and it sought to broaden its vision to include providing a

platform for resolving international conflicts.

A general view shows Davos in the evening ahead of World Economic Forum (WEF), Switzerland, January 20, 2019. REUTERS/Arnd Wiegmann

In 2018, Indian Prime Minister Narendra Modi gave the plenary speech becoming the first head of state from India to deliver the inaugural keynote for the annual meeting at Davos.