Fadhel Kaboub, President of the Binzagr Institute, was invited to speak on a keynote panel at the 12th edition of the Jeddah Economic Forum (March 1-3, 2016) organized by the Jeddah Chamber of Commerce & Industry. This is a major regional event, also known as the "Davos of the Middle East," focusing on regional and international economic and social issues.
The announcement press conference, held at the Chamber’s headquarters in Jeddah, was attended by representatives from INSEAD Business School, JEF’s Knowledge Partner; Entrepreneurs' Organization, JEF’s Entrepreneurial Partner; and a number of JC board members and JEF 2016 sponsors.
Speaking before an audience of more than 1,000 government officials, business, academic, consulting, and media professionals from the Gulf region, Kaboub presented some of the key findings and policy recommendations from our Policy Report on the cost of unemployment in Saudi Arabia. He expressed his concerns about the rush to privatization and public-private partnerships in the Middle East and North Africa region as a way to reduce costs for governments. He stressed the importance of taking into account not just cost, quality, and speed of execution by private contractors, but also their impact on people and the environment. Kaboub argued for doubling efforts to prepare the region's economy for the post-oil era by investing in vocational and professional training that is geared towards strategic industries such as green construction, health & wellness, renewable energy technologies, and media & new technologies as a way to address the high levels of youth unemployment.
Past keynote speakers at the Jeddah Economic Forum include George H. W. Bush, John Major, Bill Clinton, Gerhard Schroeder, Madeleine Albright, Al-Waleed bin Talal, Queen Rania of Jordan, Recep Tayyip Erdoğan, Rafik Hariri, Hillary Clinton, and Klaus Schwab.