Powell, CEO’s of Fortune 100 companies and Arab leaders converge

Over 150 world leaders and top business executives will convene in Detroit, Michigan, later this month to set the framework for a positive relationship between the United States and the Arab World at the first ever U.S. - Arab Economic Forum.

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By  Massoud Derhally Published  September 3, 2003

Over 150 world leaders and top business executives will convene in Detroit, Michigan, later this month to set the framework for a positive relationship between the United States and the Arab World at the first ever U.S. - Arab Economic Forum.

The three-day event (Sept 28-30), under the theme “One World. Two Cultures. Endless Possibilities,” aims to nurture growth, development and trade between the U.S. and the Arab World and attract 1,000 people.

“Our goal is to deliver an action plan for U.S. and Arab World leaders to implement best practices in human development, technological innovation and economic reform as primary drivers for improved understanding and free trade,” said Sam Hamdan, chief strategist of the U.S. - Arab Economic Forum, who is leading the planning and execution of the meeting.

Those speaking at the forum include U.S. Secretary of State Colin Powell, U.S. Secretary of Energy Spencer Abraham, Foreign Minister of Saudi Arabia Prince Saud Al Faisal, and OPEC Chairman Abdullah bin Hamad Al-Attiyah.

“This forum brings together private sector individuals, academics, government representatives, and non-governmental organizations to discuss ways to encourage cooperation, promote business investment, and improve U.S. - Arab relations as a whole,” Spencer Abraham said.

The Crown Prince of Bahrain, Shaikh Salman bin Hamad Al-Khalifa said, “The U.S. - Arab Economic Forum will provide the Arab World with a platform to share our vision and commitment to the principles and practices of sustainability, transparency, and civil society participation.”

Also speaking at the event: Michigan Governor Jennifer Granholm, Detroit Mayor Kwame Kilpatrick, and Executives and CEOs from Boeing, General Motors, Dow Chemical, ChevronTexaco, DaimlerChrysler, Ford Motor Company, MCI, ConocoPhillips, World Bank, United Nations Development Program, ExxonMobil, Deloitte & Touche, and Marathon Oil.

Arab leaders include Crown Prince of Bahrain, President of the Council of the Republic of Lebanon, Secretary Generals for the League of Arab States and Gulf Cooperation Council, State of Qatar Minister of Energy, Saudi Arabia Foreign Minister, Egypt Foreign Minister, Morocco Minister of Finance & Economy, and Bahrain Minister of Finance & National Economy.

Detroit has the highest concentration of Arabs outside of the Middle East.

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