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24 million full-time jobs were wiped out in the second quarter of 2020 due to Covid-19

The Global Risks Perception Survey published by the WEF highlights youth disillusionment Badr Jafar, CEO of Crescent Enterprises and Managing Director of the Crescent Group Image Credit: Supplied The creation of new opportunities for youth is an increasingly urgent imperative, with an estimated 10% of working hours in the region wiped out in 2020 due to COVID-19, equivalent of 24 million full-time jobs being lost. The Global Risks Perception Survey published last week by the World Economic Forum clearly highlights youth disillusionment and erosion of social cohesion as critical short-term threats to the world. Badr Jafar, CEO of Crescent Enterprises and Managing Director of the Crescent Group, has emphasized the critical role that business must play in this transition, and its responsibility to generate the urgently needed opportunities for youth towards a more sustainable and inclusive future for the Middle East and North Africa (MENA).

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