\ JEF Archive 2003

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Summary Report


With its theme as "Thinking Globally, Acting Locally", the Jeddah Economic Forum 2003 was held in the magnificent newly-opened Jeddah Hilton Hotel for three days, January 18-21, with Harvard Business School as academic partner. As in previous years, HRH Prince Abdul Majeed Bin Abdul Aziz, Governor of Makkah Region, presided over the event while his wife HH Princess Sarah Al Angari was Patron of the ladies-only "Women in Business" sessions which were a major feature of JEF 2003.

Eminent politicians, academics and other distinguished speakers included: Ahmed Bin Mohamed Al Khalifa, Governor of Bahrain Monetary Agency; Yevgeny Primakov, former Prime Minister of the Russian Federation; Lindiwe Hendriks, MP and Deputy Minister of Trade and Industry of the Republic of South Africa; Mr. Liquat Ali Jatoi, Minister for Industries and Production, Pakistan; Datuk Seri Syed Hamid Albar, Minister of Foreign Affairs of Malaysia; Muhammad Sulaiman Al Jasser, Deputy Governor and Vice Chairman of the Saudi Arabian Monetary Agency (SAMA); Abdullah Zainal Alireza, a member of the advisory board to the Kingdom's Supreme Economic Council; Amr Dabbagh, member of the World Economic Forum and Chairman of JMB; and Professor John A. Quelch, Senior Associate Dean at Harvard Business School. Ladies speaking at the "Women in Business" sessions included the Rt. Hon. Christine McCafferty, a member of the UK Parliament who also serves on the Council of Europe; the Rt. Hon. Baroness Symons of Vernham Dean, UK Minister of State for Foreign and Commonwealth Affairs; Sheikha Lubna Al-Qasimi, CEO of Tejari.com, the Middle East's premier electronic business-to-business marketplace; and the well-known Saudi writer and intellectual Dr. Thuraya Al-Arrayed, Planning Advisor for Saudi Aramco Affairs. As in previous years, JEF was attended by numerous businessmen and women, industrialists, bankers, financiers and other interested parties from countries all around the world, who gathered to discuss and debate global and local economic trends and issues.

Sponsors of JEF 2003 were HRH Prince Al Waleed Bin Talal's Kingdom Holdings; National Commercial Bank; Saudi British Bank; Saudi Hollandi Bank; Abdul Lateef Jameel Group; Saudi Aramco; Saudi Arabian Airlines; United Sugar Company; Goody; Proctor & Gamble Modern Products Company; Arab Radio & Television (ART); Middle East Broadcasting Centre (MBC); and Saudi Research and Publishing Company (SRPC).