By NNN-KUNA,
Sharm El-Sheikh, Egypt : Egyptian President Hosni Mubarak is due to inaugurate later on Sunday the World Economic Forum (WEF) with participation of delegations representing 13 heads of state and prime ministers along with 1,500 senior and prominent figures.
Kuwait is represented at the significant event by Representative of His Highness the Amir, His Highness the Prime Minister Sheikh Nasser Al-Mohammad Al-Ahmad Al-Sabah, who flew into the Egyptian capital on Saturday.
Among the prominent leaders taking part in the forum, due to address global energy and economic issues, are the presidents of the United States, Afghanistan, Jordan, Kazakhistan, Slovenia, Latvia, Palestine and the head of the Quartet Tony Blair.
Mubarak, along with the US President, George W Bush, and the Jordanian King, Abdullah II, are due to address the opening session.
The conferees, in up to 40 sessions, are scheduled to discuss regional peace and stability, water sharing, tourism, future of investments in the region, sustainable development, global inflation, soaring prices of energy resources, the global food crisis, environmental deterioration, and bio-fuel.
Arab ministers, on sidelines of the forum, will hold talks on means of boosting economic cooperation and plans to cope with the global food crises.
The forum will be held against a backdrop of warning by the World Bank that 33 states are threatened with political chaos and social disturbances as a result of dramatic hike of the prices of agricultural products and energy resources.
Sideline seminars will also tackle diverse issues, namely impact of global economic inflation on states of the region, depletion of oil resources, trend to use non-oil energy resources, and nuclear energy.
The forum is held for the third time at this level in less than 13 years. The first was held in Sharm El-Sheikh in 1996 and the second in the same resort in 2006.