Khaleej Times

Snowless Davos readies new face for WEF meeting

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Movers and shakers arriving for the annual meeting of the World Economic Forum (WEF) this month can pack sandals instead of ski boots for a rare springtime version of the event in Davos, the Swiss ski resort that is Europe’s highest city.

In December, organisers postponed the meeting of government, business and other leaders just before its traditiona­l January slot, citing the difficulti­es of holding an in-person conference during the coronaviru­s pandemic.

Simply putting on the event after a two-year hiatus is welcome news to locals, who, a 2017 study showed, benefit from a $60 million windfall every time it takes place.

“All the people here are very glad that the World Economic Forum is coming back now. It is another step back to normality,” said Samuel Rosenast, spokespers­on for the local tourism board.

The pandemic slammed hotels and restaurant­s in Davos, whose fresh air and sunlight drew sanatorium­s featured in German novelist Thomas Mann’s work “The Magic Mountain”.

“The whole congress business was dead,” Rosenast said, noting that Davos’s conference centre had closed for more than a year.

All the people here are very glad that the World Economic Forum is coming back now. It is another step back to normality,”

Samuel Rosenast, Spokespers­on for the local tourism board

Constructi­on crews have been finishing pop-up networking facilities for the business and political elite that descend for the May 2226 conference. Soldiers are erecting security fences.

The Swiss government will deploy as many as 5,000 military personnel to support local police. Air force jets will again circle above to enforce a no-fly zone.

Geneva-based WEF says the meeting will bring together more than 2,000 leaders and experts from around the world, somewhat smaller than some past meetings. No government or corporate bigwigs from Russia were invited, because of the Ukraine war.

Topics on the agenda include the pandemic recovery, tackling climate change, the future for work, accelerati­ng stakeholde­r capitalism, and harnessing new technologi­es. — reuters

 ?? — reuters ?? A general view of the congress centre, the venue of the upcoming World Economic Forum 2022 (WEF), at the Alpine resort of Davos.
— reuters A general view of the congress centre, the venue of the upcoming World Economic Forum 2022 (WEF), at the Alpine resort of Davos.

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