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World Youth Forum Redirects 5th Edition Budget to Development Initiatives

February 5, 2023

Due to the global economic changes and crises, the World Youth Forum (WYF) announced on Saturday, 4 January that this year’s 5th edition will not be held in its usual annual format at Sharm El Sheikh. Instead, the WYF’s budget will be directed to the implementation of five important development initiatives. The WYF launched in 2017 under the auspices of President Abdel Fattah Al-Sisi as a chance for youth to engage with policymakers and for participants from all over the world to network and to discuss a variety of issues, including climate changes, social security, entrepreneurship, among others. Previous editions of the WYF have seen a range of government leaders, academic experts, innovators, international young leaders, and inspiring youth fly to Sharm El-Sheikh to participate in discussions and panels. The packages and initiatives that will be implemented include five important projects. The first initiatives will be launched to support entrepreneurship and small medium enterprise (SME)s, with a focus on assisting entrepreneurs in starting their businesses or increasing the volume of their activities through business incubators and training programs. This initiative will be carried out in cooperation with the Ebda initiative…


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