Egypt plans to derive 20% of its electricity from renewable sources by 2020

FACT No 7

Egypt plans to derive 20% of its electricity from renewable sources by 2020
Women to form 11% of Egypt's next parliament

FACT No 22

Egypt is home to 30% of the Arab world's bloggers
Egypt's economy is expected to grow four percent in 2009, in the midst of the global recession

FACT No 3

Egypt's economy is expected to grow four percent in 2009, in the midst of the global recession
Cairo is home to Africa's only subway

FACT No 5

Cairo is home to Africa's only subway
The World Bank named Egypt 2008's top economic reformer in the Middle East for the third year in a row

FACT No 1

The World Bank named Egypt 2008's top economic reformer in the Middle East for the third year in a row

Online Newsroom: E-Alerts

Founder of Arab Global Forum on Fox News

December 3, 2009

Founder of Arab Global Forum discusses conference and U.S.-Arab world relationship

The Arab Global Forum will take place December 7-8, 2009, in Washington, D.C. This groundbreaking event will bring together Arab business leaders, along with experts, policy-makers and senior executives of international corporations with direct involvement or keen interest in the Arab region to lay the foundations for expanding business and economic cooperation.

Today, the Arab world countries represent a total GDP of about 2.5 trillion U.S. dollars. Under the theme, “The Arab World in a New Global Context: Challenges, Choices and Opportunities,” this first meeting of the Arab Global Forum will look into changes in the region and at emerging business forces in the Arab World.

Shafik Gabr, the founder and convener of the conference, is not only a prominent Egyptian investor and philanthropist, but also a man with a vision for his country and the Arab world. The level of hope and energy President Obama injected into the region last June has been astounding, and Shafik wants both Americans and Arabs to harness that energy into concrete action.

On Wednesday, December 2, Shafik did a live interview with FoxBusiness where he discussed the current stock market crisis in Dubai and how it impacts investment in the Middle East.