Postponed WEF to Remain in Davos: Founder

Zurich: The World Financial Discussion board (WEF) will maintain its postponed 2022 annual assembly within the Swiss Alpine resort of Davos, WEF founder Klaus Schwab stated in a newspaper interview, quashing hypothesis it might once more search a distinct venue than its conventional dwelling. “It’ll happen in Davos,” Schwab instructed the Blick tabloid within the interview printed on Wednesday when requested whether or not the WEF would possibly once more contemplate Singapore as a venue for the occasion that pulls the enterprise and political elite.

Organisers had shifted the deliberate 2021 venue to a mountaintop convention centre in central Switzerland after which to Singapore earlier than abandoning it altogether amid the pandemic. The WEF on Monday postponed the subsequent annual assembly till mid-2022 as a result of unfold of the Omicron.