UAE Ambassador to U.S. Among Key Participants at 20th Milken Conference

The 20th Annual Milken Institute Global Conference will bring world leaders in economics, international politics and global business to Los Angeles in May for “Global Conference 17,” to tackle some of the world’s greatest challenges.

From May 1 to May 4, cabinet secretaries, ambassadors, CEOs, philanthropic leaders, media figures, and high-profile elected officials will assemble in Santa Monica for a series of workshops and roundtables. They will wrestle with topics such as global economics, the changing Middle East, agriculture, health care, robotics, climate, education, U.S. infrastructure, addiction and substance abuse issues, and the state of political and economic alliances around the globe.

US Treasury Secretary Steven Munchin will lead an all-star cast of high-level Washington insiders that includes Transportation Secretary Elaine Chao and Commerce Secretary Wilbur Ross. Alphabet CEO Eric Schmidt and Goldman Sachs CEO Jamie Dimon will be joined by leaders from companies such as Cisco, eBay, Gallup, NASDAQ, Accenture, Monsanto, Whole Foods and many others.

One of the most highly anticipated sessions involves the changing nature of the economies of the Middle East, a panel discussion featuring Yousef Al Otaiba, the United Arab Emirates ambassador to the United States. With oil markets weaker, all eyes are turning to the region to see how it will enact the economic and structural reforms necessary to meet a shifting economy. Ambassador Al Otaiba and the UAE are playing a leading role.

Since his appointment as Ambassador to the United States in 2008, Ambassador Yousef Al Otaiba has stressed the importance of economic ties with America and other nations in moving the economies of the Middle East away from a model based almost exclusively on hydrocarbons. His views at this critical point will be a highlight of the Global Conference, since identifying priorities and creating policies across regional boundaries is a complex task at which Ambassador Yousef Al Otaiba is known to excel.

Ambassador Yousef Al Otaiba’s remarks are sure to generate interest because of his unique qualifications to speak on cross-border relationships, human capital, education and economic development in the region, having served for seven years as the Director of International Affairs for the Court of the Crown Prince of Abu Dhabi. The ambassador also holds an international relations degree from Georgetown University.

The session was entitled “The Middle East and North Africa Region: New Tactics to Transform Economies and Accelerate Growth.” It took place on Tuesday, May 2, at 2:45 pm.