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Global Youth Investment Summit Launches Commitments and Action for Young People in MENA Region

DOHA, QATAR, June 1, 2008 — As part of the new Middle East and North Africa initiative, called Silatech, ImagineNations Group plays the key role in designing and planning the first of its global youth investment summit, being held June 1-2, 2008, in Doha.

Co-hosted by Silatech and the Financial Times, the "On Young People and Employment in the Arab World" Summit creates an important platform for building connections and relationships among international and regional leaders interested in investing in job creation and sustainable development for the young people in the Arab World.

Under the leadership of Her Highness Sheikha Mozah Bint Nasser Al-Missned and Financial Times Editor Lionel Barber, Silatech is holding a two-day summit to launch commitments and action among international and regional leaders to spur investment in entrepreneurial economic opportunities for young people in the Middle East and North Africa.

The Summit is bringing together more than 200 leaders from the private, public and civil society sectors to promote innovative large-scale job creation, entrepreneurship and access to capital and markets.

At the opening ceremony, Rick Little, ImagineNations president & CEO and Silatech CEO, noted: "Silatech is about connecting young people to each other, to capital, to industry, to opportunity. The Summit is about taking action. It is about making real commitments."

During the Summit, Silatech will unveil its strategy, discuss its action plan and announce its initial partners, founding board of trustees, first global ambassador, as well as the initial pilot countries. Silateach will also share best practices and invite partners and investors to join the initiative and be part of the innovative opportunities that it presents.

In addition to the $100 million private contribution made in January 2008 by His Highness the Emir of Qatar and Her Highness to establish Silatech, the Summit will feature further partnerships and supporting endeavors, ventures and agreements by partner companies, foundations, individuals, commercial banks and governments to improve work opportunities for young people.