DAMAC Founder and Chairman, Hussain Sajwani to speak on global real estate at WEF DAVOS 2023


 Heads of states and leaders from around the world is set to convene at the World Economic Forum Annual Meeting 2023 from today, January 16 to January 20, 2023 in Davos, Switzerland.

The 2023 edition will host the 20th year of its Open Forum with topics of discussion to include pressing issues on climate, nature and people. 

During the Forum, Hussain Sajwani, Founder and Chairman of DAMAC Group will speak at a panel titled ‘Real Estate at a Turning Point’. The panel will focus on global real estate and how despite disruptions to the industry such as rising interest rates, changing lifestyle demand drivers, and new and innovative ownership structures like fractionalisation, it remains core allocation for most investment portfolios.

“I have had the pleasure to attend the World Economic Forum for over a decade now. The Forum has played a vital role in helping policymakers and change activists to work on movements and concerns that positively benefit global citizens. I am honoured to be here for the 2023 edition to represent DAMAC and Dubai on this prestigious platform, and am confident to once again take back home valuable inputs and ideas from leadership around the world,” says Sajwani.

The session will be divided into three sections – near and medium-term outlooks, opportunities and changes across both the capital markets and the real world/real economy and what those changes imply in terms of broader industry ambitions related to issues like building decarbonisation, housing affordability, technology, equitable urbanisation, etc.

Under the theme, Cooperation in a Fragmented World, WEF 2023 aims to call on world leaders to address immediate economic, energy and food crises while laying the groundwork for a more sustainable, resilient world. 

The 2023 agenda will include five thematic programmes – Addressing the Current Energy and Food Crises in the context of a New System for Energy, Climate and Nature; Addressing the Current High Inflation, Low High Debt Economy in the context of a New System for Investment, Trade and Infrastructure; Addressing the Current Industry Headwinds in the context of a New System for Harnessing Frontier Technologies for Private Sector Innovation and Resilience; Addressing the Current Social Vulnerabilities in the context of a New System for Work, Skills and Care and Addressing the Current Geopolitical Risks in the context of a New System for Dialogue and Cooperation in a Multipolar World.