Misk returns to WEF with Youth Majlis, placing young people at the heart of the global conversation

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The Youth Majlis aims to promote an overhauled, youth-focused approach to global cooperation. (Supplied)
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Since its inception in 2011, the Mohammed bin Salman Foundation (Misk) has enabled young people to represent Saudi Arabia in various international forums and programs to solve complex global challenges. (Supplied)
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Updated 17 January 2023
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Misk returns to WEF with Youth Majlis, placing young people at the heart of the global conversation

  • Under the theme “Generation Transformation,” Misk is hosting the only youth-focused pavilion at the summit
  • Youth Majlis is providing a platform to explore collaborative solutions to the world’s most pressing issues

DAVOS: Youth Majlis are back at this year’s World Economic Forum Annual Meeting in Davos, Switzerland, to offer young people a platform in the global conversation, the Mohammed bin Salman Foundation (Misk) announced on Monday.

Under the theme “Generation Transformation,” Misk is hosting the only youth-focused pavilion at the WEF Summit with the aim of creating lasting positive change by harnessing the strengths of all generations.

The Youth Majlis will provide a platform to explore collaborative solutions to some of the world’s most pressing issues — from inclusive economic growth to ambitious climate action.

Omar Najjar, Misk’s chief program officer, told Arab News: “In a world that is becoming increasingly fragmented, it’s more important than ever to find ways to cooperate, work together, and harness the power of youth.

“Our decision to bring the Youth Majlis back to the World Economic Forum is a powerful step in this direction, placing young people at the heart of the global conversation and empowering them to take bold action for a better future.”




To achieve its goals, Misk works on designing programs and partnering with local and global organizations in diverse fields through an array of incubators. (Supplied) 

More than 35 leaders and decision makers from the US, China, Singapore, South Africa, India, Egypt, Indonesia, and Saudi Arabia are convening at the Youth Majlis to promote an overhauled, youth-focused approach to global cooperation.

The return of the Youth Majlis is also an important step toward advancing Saudi Arabia’s vision for a more prosperous and sustainable future.

During the 2022 WEF Annual Meeting, Misk’s Youth Majlis welcomed more than 1,700 visitors from 42 countries, 14 heads of state and ministers, 200 VIP guests, and 25 speakers.

Since its inception in 2011, Misk has enabled young people to represent the Kingdom in various international forums and programs to solve complex global challenges and actively participate in global citizenry.




The Youth Majlis will bring together over 35 leaders and decision makers from the US, China, Singapore, South Africa, India, Egypt, Indonesia, and Saudi Arabia. (Supplied) 

More than 280 students graduated from the Misk Fellowship Program to work on more than 40 projects dedicated to solving challenges related to the UN Sustainable Development Goals.

Misk celebrated its sixth edition of the Misk Global Forum in November, where it welcomed more than 28,000 participants from 64 countries.

The foundation invests in empowering the youth of Saudi Arabia in education and entrepreneurship, culture, and the creative arts, with science and technology as supporting fields.

It pursues its goals by designing programs and partnering with local and global organizations in diverse fields through an array of incubators.


Gold rises on Iran war safe-haven bid; firm dollar limits upside

Updated 05 March 2026
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Gold rises on Iran war safe-haven bid; firm dollar limits upside

BENGALURU: Gold prices rose on March 5, lifted by safe-haven demand amid an escalating war in the Middle East, while a stronger dollar and concerns around the US Federal Reserve’s monetary policy capped gains.

Spot gold was up 0.6 percent at $5,168.43 per ounce, as of 11:55 am Saudi time. US gold futures for April delivery were up 0.9 percent at $5,179.20.

Israel launched a large wave of strikes on Tehran on March 5, targeting what it said was infrastructure belonging to the Iranian authorities, after Iranian missiles sent millions of Israelis rushing into bomb shelters.

“On the one hand, there may be greater safe-haven demand for gold given the ongoing conflict in the Middle East. On the other hand, the risk of a prolonged period of higher energy prices that takes rate cuts off the table, and adds to the chance of rate hikes, could be capping further gains,” said Hamad Hussain, a climate and commodities economist at Capital Economics.

The US dollar rose about 0.3 percent after briefly retreating from three-month highs, as the fallout from the war roiled global markets and kept sentiment fragile.

Concerns about energy supply continued to drive up oil prices and stoke inflation fears.

Gold is considered a hedge against inflation in the long run, but also tends to thrive when interest rates are lower, as it is a non-yielding asset.

President Donald Trump, on March 4, officially nominated former Federal Reserve Governor Kevin Warsh to be the US central bank’s next chair.

US economic activity grew slightly, prices continued to increase and employment levels were stable in recent weeks, the Federal Reserve said on Wednesday in its latest “Beige Book” report.

Markets expect the Fed to keep rates steady at its next policy meeting on March 18, according to CME Group’s FedWatch tool.

Investors are looking out for the weekly US jobless claims data, due later today, and the US employment report for February on March 6 for further clues on monetary policy this year.

Spot silver rose 0.5 percent to $83.80 per ounce. Platinum gained 1.1 percent to $2,172.20, while palladium lost 0.7 percent to $1,662.07.