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

Insurance Meets Tech 5.0 Now Holds on November 20, 2026

Insurance Meets Tech (IMT), Nigeria’s leading platform for conversations...

Sanwo-Olu, Lai Mohammed, Gbenga Daniel to Discuss 2027 Elections, Insecurity at 7th Freedom Online Lecture

Challenges facing the economy and insecurity, especially associated with...

AXA Mansard Intensifies Hepatitis Awareness with Free Community Screening

As part of efforts to promote preventive healthcare and...

Heirs Insurance Group Celebrates 1,000 Retirees at Lagos Meeting

Heirs Insurance Group, Nigeria's fastest-growing insurance group, reaffirmed its...

NLNG, Petroleum Ministry Inspect Train 7 Project Site in Bonny

From left are Dagogo Buowari, Manager, Nigerian Content Development,...

Topics

NGX Admits Aradel Holdings to Main Board, Boosts Market Capitalisation by N3.05tn

Aradel Holdings Plc, an integrated energy company, listed 4.34...

ITU Telecom World 2018 Spotlights Innovation for Smarter Digital Dev

The  ITU Telecom World 2018 concluded recently in Durban, South...

PenCom to Commence 2022 Online Verification/Enrolment Exercise for Retirees

The National Pension Commission (PenCom) wishes to inform the...

New Forex Policy: CBN Segregates Banks on Trading

Three weeks after the Monetary Policy Committee’s (MPC) consensus...

Japan, UNDP Collaborate on Peace Operations in Nigeria

The Government of Japan and the United Nations Development Programme...

‘Stanbic IBTC Pension Managers Did Not Defy Pencom’s Directive on Gifts’

Our attention has been drawn to publications by some...

Investors Lost N124.2bn as Stock Market Tumbles

It was a sad day yesterday on the floor...