wef – BOL News Staging

Pakistan first country to implement Digital FDI under WEF: PM

January 18, 2025 by Abid Khan

LAHORE: Prime Minister Muhammad Shahbaz Sharif said Pakistan is the first country to implement the Digital Foreign Direct Investment (FDI) Initiative, launched by the World Economic Forum (WEF) and the Digital Cooperation Organisation (DCO). According to a spokesperson, the premier said Pakistan’s first Digital FDI project had been making significant efforts to identify targets and … Read more

Foreign Minister Ishaq Dar reaches Gambia to attend OIC summit

May 1, 2024 by Abid Khan

ISLAMABAD: Deputy Prime Minister and Foreign Minister Ishaq Dar said that he had arrived in The Gambia to represent Pakistan at 15th Organization of Islamic Cooperation (OIC) Summit being held in Banjul on 4-5 May.

On his X account, the deputy prime minister/foreign minister said that earlier, he had participated with Prime Minister Muhammad Shehbaz Sharif in the World Economic Forum (WEF) in Riyadh.

He was received by the Gambian Minister of Petroleum and Energy Nani Juwara, Foreign Secretary of Pakistan Ambassador Muhammad Syrus Sajjad Qazi and Ambassador of Pakistan to Senegal accredited to the Gambia Saima Maymunah Sayed, a post on X said.

Ishaq Dar, in his post, further said that besides attending the Summit, he would also hold bilateral meetings with dignitaries from the member countries.

The Foreign Office Spokesperson in a press release said that at the Summit, the deputy prime minister and foreign minister would speak about Pakistan’s perspective on the ongoing genocide in Gaza, the right to self-determination of the people of Jammu & Kashmir, imperatives of solidarity and unity of the Ummah, rising Islamophobia, issues of climate change, terrorism and other contemporary global challenges.

He will underline the need to find collective solutions to challenges confronting the Muslim Ummah, it was further added.

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PM departs for Pakistan as WEF meeting in KSA concludes

April 30, 2024April 30, 2024 by Abid Khan

RIYADH: Prime Minister Shehbaz Sharif departed here for the homeland after attending the Special Meeting of the World Economic Forum held on April 28-29. Senior Saudi government officials, Saudi Ambassador in Islamabad and Pakistan Ambassador in the Kingdom, and other diplomatic personnel saw off the prime minister at the Royal Airport of Riyadh. Besides addressing … Read more

PM meets Bill Gates; urges sustained efforts by partners for polio free Pakistan

April 29, 2024April 29, 2024 by Abid Khan

RIYADH: Prime Minister Shehbaz Sharif met the founder and co-chair of the Bill & Melinda Gates Foundation Bill Gates, wherein he called for a sustained effort by all the partners to reach the ultimate goal of a polio-free Pakistan.

In the meeting held on the sidelines of the World Economic Forum (WEF) Special Meeting here, the prime minister highlighted that Pakistan was working tirelessly to eradicate polio from the country.

Earlier, both leaders had featured in a WEF high-level panel discussion titled “Redefining the Global Health Agenda.” The prime minister thanked Bill Gates for sending him a warm congratulatory letter upon his re-election.

Bill Gates recalled the immunization and polio vaccine program in Punjab province under the leadership of Shehbaz Sharif as Chief Minister and emphasized replicating the same practice across the country to make the immunization program a success.

While fondly recalling their interactions during his previous tenure, the prime minister reaffirmed his commitment to continue working closely with Bill Gates to ensure a stronger partnership between Pakistan and the Gates Foundation.

He thanked the BMGF for its longstanding support for polio eradication in Pakistan. Bill Gates acknowledged Pakistan’s efforts and said polio eradication was vital to protect future generations from this crippling disease.

In addition to polio, Prime Minister Shehbaz and Bill Gates also discussed progress on ongoing activities between Pakistan and the Foundation in the areas of immunization, nutrition, and financial inclusion.

The prime minister said that the Gates Foundation was a trusted partner in Pakistan’s socio-economic development and sought collaboration in other areas including IT, STEM education and disaster management.

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PM Shehbaz Sharif arrives in KSA to attend WEF meeting

April 27, 2024 by Abid Khan

PM Shehbaz vows sustainable development as PML-N marks one year

RIYADH: Prime Minister Muhammad Shehbaz Sharif on Saturday arrived in Riyadh, Kingdom of Saudi Arabia, to participate in a special meeting of the World Economic Forum (WEF) on ‘Global Collaboration, Growth, and Energy for Development’, being held from April 28-29.

Deputy Governor of the Riyadh region Prince Mohammed bin Abdulrahman Bin Abdul Aziz, Pakistan’s ambassador to Saudi Arabia and embassy staff received the prime minister and his delegation at the Riyadh Royal airport.

The prime minister was invited to attend the WEF meeting by Crown Prince and Prime Minister of the Kingdom of Saudi Arabia Mohammed bin Salman bin Abdulaziz Al Saud and WEF Founder and Executive Chairman Professor Klaus Schwab.

“The Prime Minister will be accompanied by a high level delegation including Foreign Minister Mohammad Ishaq Dar and Finance Minister Muhammad Aurangzeb.

The Prime Minister and the Ministers will participate in WEF discussions on issues related to trade and investment measures, new investment frameworks, restructuring of supply chains, sustainable growth, and the energy landscape,” Foreign Office Spokesperson said in a press release.

The high level participation in the Forum will afford an important opportunity to present Pakistan’s priorities specifically in global health architecture, inclusive growth, revitalizing regional collaboration and the need for striking a balance between promoting growth and energy consumption.

About 1,000 leaders from business, government, and academia will participate in the Special Meeting on Global Collaboration, Growth, and Energy for Development.

The meeting, April 28–29, will focus on new pathways to reinvigorate growth globally amid the challenges posed by an increasingly fragmented geopolitical and economic environment.

It will revolve around three themes: revitalizing global collaboration; a compact for inclusive growth; and catalyzing action on energy for development, it was added.

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PM Shehbaz leaves for KSA to attend WEF special meeting

April 27, 2024 by Abid Khan

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday departed to Riyadh, Kingdom of Saudi Arabia, to participate in a special meeting of the World Economic Forum (WEF) on ‘Global Collaboration, Growth, and Energy for Development’, being held from April 28-29.

“The Prime Minister will be accompanied by a high level delegation including Foreign Minister Mohammad Ishaq Dar and Finance Minister Muhammad Aurangzeb. The Prime Minister and the Ministers will participate in WEF discussions on issues related to trade and investment measures, new investment frameworks, restructuring of supply chains, sustainable growth, and the energy landscape,”.

On the margins of the main event, the prime minister and his delegation will hold bilateral meetings with world leaders, including the Saudi leadership, heads of international organizations, and other prominent figures participating in the event. About 1,000 leaders from business, government, and academia will participate in the Special Meeting on Global Collaboration, Growth, and Energy for Development.

The meeting, April 28–29, will focus on new pathways to reinvigorate growth globally amid the challenges posed by an increasingly fragmented geopolitical and economic environment. It will revolve around three themes: revitalizing global collaboration; a compact for inclusive growth; and catalyzing action on energy for development, it was added.

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PM to attend World Economic Forum meeting in KSA

April 27, 2024April 27, 2024 by Abid Khan

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Saturday will travel to Riyadh, Kingdom of Saudi Arabia to participate in a two-day special meeting of the World Economic Forum (WEF) on ‘Global Collaboration, Growth and Energy for Development’.

The prime minister was invited to attend the WEF meeting by Crown Prince and Prime Minister of Kingdom of Saudi Arabia Mohammed bin Salman Al Saud and WEF Founder and Executive Chairman Professor Klaus Schwab.

The prime minister will be accompanied by the key members of the federal cabinet. During the meeting, the prime minister would spell out Pakistan’s perspective on health, financial technologies, information technology, comprehensive development, regional cooperation and an equitable and sustainable use of energy for the global progress.

On the sidelines of the WEF meeting, he is also expected to hold bilateral meetings with the global leaders, head of world bodies and other important personalities. About 1,000 leaders from business, government and academia will participate in the Special Meeting on Global Collaboration, Growth and Energy for Development.

The meeting, 28–29 April 2024, will focus on new pathways to reinvigorate growth globally amid the challenges posed by an increasingly fragmented geopolitical and economic environment. “Building on the inaugural Growth Summit, held in Geneva, Switzerland last year, the meeting, 28–29 April 2024 held in Riyadh, Saudi Arabia, will revolve around three themes: revitalizing global collaboration; a compact for inclusive growth; and catalysing action on energy for development,” it was added.

The event bridges the growing North-South divide, which has further widened on issues such as emerging economic policies, the energy transition and geopolitical shocks.

The statement further says that the meeting’s programme includes a variety of pressing global issues.

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Saudi foreign minister Faisal bin Farhan calls on PM Kakar

January 18, 2024 by Abid Khan

DAVOS: Saudi Arabia Foreign Minister Faisal bin Farhan bin Abdullah called on Caretaker Prime Minister, Anwaar-ul-Haq Kakar on the sidelines of 54th annual meeting of the World Economic Forum (WEF).

The prime minister underlined the strategic importance of close brotherly relations between Pakistan and the Kingdom of Saudi Arabia, rooted in common cultural heritage and shared interests.

The two sides also reviewed regional developments. Prime Minister Kakar noted that close brotherly relations between the two countries were a factor of regional stability.

He said Pakistan desires to deepen bilateral engagement including through trade, investment and people-to-people exchanges.

The prime minister appreciated the leadership of the Custodian of the Two Holy Mosques and underlined the highest esteem the people of Pakistan held for the leadership and the people of the Kingdom of Saudi Arabia.

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PM optimistic about political stability after election

January 17, 2024January 17, 2024 by Abid Khan

DAVOS: Caretaker Prime Minister Anwaar-ul-Haq Kakar expressed confidence that a stable government will be formed after the forthcoming general election scheduled for February 8 leading to sustainable economic stability in the country.

“I do see and project that there will be a great growth in Pakistan. There will be a sense of stability. The growth will be slow but it will be sustainable,” the prime minister said in an interview with CNBC on the sidelines of the 54th annual meeting of World Economic Forum (WEF).

He maintained that the speculations regarding holding of the elections had been addressed and everyone was certain about the election date on 8th of February.

PM Kakar said it was the top priority of the caretaker setup to bring economic revival and to focus on the growth and other economic indicators.

He said the next government had to follow a clear principle of spending less and earning more to achieve the economic stability. “We need to bring back the non documented economy into documented economy and transform our state to a more viable economic entity,” he added.

He highlighted that the caretaker government would publish a white paper on its 4-5 months performance. “We did introduce and revamp the programme within taxation system, we brought structural changes that would be passed through the cabinet formerly by the end of the month, after that it would be in place as policy.”

Further he said the caretaker government went for aggressive privatization, it cut its expenditures at the federal level and it was also trying to talk to provinces so they could rationalize their spending. As regards delay in elections, the prime minister said the country faced legal and technical challenges related to the electoral procedures and processes.

To a question about former PTI Chairman, PM Kakar said he was not in jail because of his political opinion but due to his alleged role in committing riots and encouraging his followers towards disruption. He said the people who had been involved in the riots were behind the bars.

To a question of free and fair elections, PM Kakar said before holding of elections, no one can question the fairness of the process.

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Iceland’s PM Katrín Jakobsdóttir strikes over gender pay gap

October 24, 2023 by Amarta Uqaili

Iceland’s PM Katrín Jakobsdóttir strikes over gender pay gap. This nationwide protest is a response to gender-based violence. Iceland has held the title of the best country in the world for gender equality. Tens of thousands of women, including Prime Minister Katrín Jakobsdóttir, are participating in a “kvennafrí” or women’s day off in Iceland on … Read more

Queen Máxima Of Netherlands Delivers Talk At WEF Davos Meeting

June 2, 2022 by Maryam nadeem

Queen Máxima, the UN Secretary-General’s Special Advocate for Finance for Development, discussed at the World Economic Forum Davos Meeting. The meeting was about computerized consideration. To cite, “The EDISON Alliance can have a genuine effect. Its objective of working on 1 billion lives through computerized arrangements in wellbeing, money, and training by 2025 is the … Read more

Davos forum to be held in person from May 22 to 26

January 22, 2022 by Muhammad Zubair

GENEVA: The Davos summit will be held in person for the first time during the Covid-19 pandemic, from May 22 to 26, the World Economic Forum announced on Friday. The annual gathering of the world’s political, economic and business elite traditionally takes place in January against the idyllic snowy backdrop of the Swiss ski resort of … Read more

WEF leader urges countries to pay attention to digital currency

August 4, 2021 by Web Desk

DUBAI: Digital currency is going to play a big role in the global economy, a World Economic Forum (WEF) committee leader said, and nations need to pay attention to its unprecedented progress. “Somebody needs to be paying close attention to this space, and assessing on a weekly basis, what the national policy ought to be … Read more

“PTI’s environment policies are being recognised,” Imran Khan

March 16, 2021March 14, 2021 by Web Desk

Prime Minister Imran Khan on Sunday said that the environmental policies of the Pakistan Tehreek e Insaf (PTI) government are being recognized globally. According to the details, the World Economic Forum (WEF) appreciated Pakistan’s environmental policies, climate action plan, and response to the ongoing coronavirus pandemic in a video released on Sunday. Prime Minister Imran … Read more

WEF’s latest study highlight Business challenges to post pandemic world

May 20, 2020May 20, 2020 by Web Desk

The World Economic Forum (WEF) has conducted a new study, surveyed business decision makers around the world, and found that 70 percent of them of the opinion that the global recession will prolong due to the novel coronavirus (COVID-19). The study pointed out the effects and predicted future of business and economy outcomes amid the … Read more

Prime Minister Imran Khan to address impact of Covid-19 on Pakistan’s economy in WEF

May 20, 2020May 20, 2020 by Web Desk

Prime Minister Imran Khan will address World Economic Forum today via video link. He will speak about the impact of coronavirus on Pakistan’s economy. According to the details, Prime Minister Imran Khan will attend an emergency session of the World Economic Forum on May 20 (today). Imran Khan would speak about the impact of coronavirus … Read more

International Women’s Day 2020: Theme is Generation Equality

March 8, 2020March 8, 2020 by Atta Ur Rehman Khan

This year’s theme for International Women’s Day (8 March) is, “I am Generation Equality: Realizing Women’s Rights”. The Generation Equality campaign is bringing together people of every gender, age, ethnicity, race, religion and country, to drive actions that will create the gender-equal world we all deserve. BREAKING NEWS that’s been breaking for decades: Women are still not … Read more

IMF President calls on PM Khan in Davos

January 23, 2020January 22, 2020 by Web Desk

Prime Minister Imran Khan called on President of the International Monetary Fund (IMF) Ms. Kristalina Georgieva on Wednesday in Davos. According to the details, Prime Minister had an important meeting with the President of IMF in Switzerland on the sidelines of the annual meeting of World Economic Forum (WEF) 2020. Advisor to the Prime Minister … Read more

WEF 2020: PM Imran Khan to depart for Davos, Switzerland

January 21, 2020 by Atta Ur Rehman Khan

ISLAMABAD: Prime Minister of Pakistan Imran Khan will depart today for Davos, Switzerland for World Economic Forum 2020. According to the details, the premiere expected to depart to Davos, tomorrow to attend World Economic Forum. Founder and Executive Chairman of WEF Professor Klaus Schwab invited Prime Minister Imran to attend the forum, to be held … Read more

PM Imran Khan to meet US President during Davos summit: Foreign Office

January 20, 2020 by Atta Ur Rehman Khan

ISLAMABAD: Prime Minister Imran Khan will meet US President Donald Trump during the summit of the upcoming World Economic Forum (WEF) in Davos, Switzerland. According to a statement issued by the Foreign Office, this would be the third leadership-level interaction between Pakistan and the US since the prime minister’s visit to Washington in July 2019. The … Read more

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