World Economic Forum Cancels Singapore Meeting, Proposes 2022

The much anticipated Special Annual Meeting by the World Economic Forum (WEF) has been cancelled over Covid-19 fears.

The statement by WEF on the cancellation read in part:

“The World Economic Forum has been preparing a Special Annual Meeting in Singapore to take place just three months from now.
Regretfully, the tragic circumstances unfolding across geographies, an uncertain travel outlook, differing speeds of vaccination rollout and the uncertainty around new variants combine to make it impossible to realise a global meeting with business, government and civil society leaders from all over the world at the scale which was planned. This is despite the excellent support provided by the Government of Singapore.
The next Annual Meeting will instead take place in the first half of 2022. Final location and date will be determined based on an assessment of the situation later this summer.
“It was a difficult decision, particularly in view of the great interest of our partners to come together not just virtually but in person, and to contribute to a more resilient, more inclusive and more sustainable world,” said Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum. “But ultimately the health and safety of everyone concerned is our highest priority.”
We will continue to engage our increasing number of partners into our numerous work streams addressing the key issues on the global agenda through public private co-operation.”

Hot this week

Is the Era of the POS Operator Coming to an End?

By Elvis Eromosele Step outside your home in Lagos, Kano,...

‘NGX Stands Ready to Teach Corp Members the Rudiments of Investment, Entrepreneurship’

It gives me great pleasure to welcome Brigadier Olakunle...

NGX Extols Partnership with Pearl Awards

I am delighted to participate in the 2026 edition...

African Insurance Leaders Highlight Urgent Need for Regulatory Innovation and Digital Distribution at AIO Panel

Industry leaders at the 52nd African Insurance Organisation (AIO)...

NAICOM Appoints ERNST & YOUNG as Consulting Actuary for Risk-Based Capital Framework

The National Insurance Commission (NAICOM) has appointed global professional...

Topics

BusinessToday Unveils Nominees for 2016 Award

The management of BusinessToday online, a business online news...

Allianz Nigeria Insurance Limited Disavows Value Growth Company

Our attention has been drawn to a purported partnership/agreement...

IDC: Cloud Tech is Top Investment Priority in Next 5 Years

The potential for cloud technologies to break down silos...

JUSTUS URANTA: From Insurance CEO to His Royal Highness

Dr. Justus Clinton Uranta, the immediate past Group Managing...

Chowdeck Partners MyCoverGenius to Set New Standard for Rider Protection in Nigeria

Chowdeck, Africa’s leading on-demand delivery platform, has partnered with...

Nigeria, SA Lead April Air Traffic in Africa

The International Air Transport Association (IATA) announced global passenger...

STI’s Lekan Oguntade Crowned Insurance 2022 CIO of the Year

L-R: Sanni Oladimeji, DGM, Risk Management & Compliance, Jude...

Cape Verdian Airline to Commence Lagos Route on Dec 9

Cabo Verde Airlines, the Cape Verdean airline, will start...