Global Economics

The World Economic Forum’s annual meeting will be held in Davos.

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The World Economic Forum (WEF) will hold its postponed 2022 annual meeting in the Swiss Alpine resort of Davos, WEF founder Klaus Schwab said in a newspaper interview, quashing speculation it could again seek a different venue than its traditional home.

“It will take place in Davos,” Schwab told the Blick tabloid in the interview published on Wednesday when asked whether the WEF might again consider Singapore as a venue for the event that attracts the business and political elite.

The planned 2021 venue had been shifted to a mountaintop conference center in central Switzerland, then to Singapore, before being abandoned entirely due to the pandemic.

Due to the spread of the Omicron coronavirus variant, the World Economic Forum (WEF) postponed its next annual meeting until mid-2022 on Monday.

Story by : Norvisi Mawunyegah