Some business leaders got more than five thousand dollars a ticket, which is more than they bargained for when they attended the first day of the Global Competitiveness Forum (GCF) being held in Riyadh, Saudi Arabia.

They were told that they better start thinking about the business implications of extraterrestrial life and technologies as flying saucers are real. Gathered every year by the Saudi Arabian General Investment Authority, the GCF aims to discuss ways of promoting business competitiveness. For the first time at its annual conference, the GCF held a panel discussing UFOs and extraterrestrial life.

Known as “Learning from Outer Space” the panel allowed five speakers to discuss the view that extraterrestrial life exists, and has many implications for the world as we know it.

The panel was held on January 23, and was a “main plenary” session meaning all GCF participants were able to attend and hear what the experts had to say about UFOs and extraterrestrial life.

Up to 1000 participants included business and political elites such as

  • Jared Cohen, Director of Google ideas,
  • former British and Canadian Prime Ministers, Tony Blair and Jean Chretien
  • Andy Bird, chairman of Walt Disney International
  • Jim Albaugh, President and CEO of Boeing

Below you can find how the GCF summarized the panel presentations on its website:

Learning from Outer Space – Panel
The topic of extraterrestrial life forms was addressed by yesterday’s panel discussion “Contact: Learning from Outer Space”.

The experts on that field who are Zoaghloul El-Naggar, Stanton Friedman, Michio Kaku, Nick Pope and Jacques Vallee made compelling cases for the existence of living beings elsewhere in the galaxy, based on empirical evidence, religious theology and logical reasoning.


  • El-Naggar raised the interesting point that it may not be ethical to spend resources trying to contact alien societies when we still face war and poverty in our own society.
  • Mr. Vallee encouraged more academics to analyze the evidence.
  • Mr. Pope explored the potential business implications of outer space, such as the profitability of alien branding or sponsorship.
  • Mr. Friedman opened his remarks with a bold statement, “Flying saucers are real!” and this summed up the perspective of the panel members.

However, on behalf of his successful Venture Capital fund, he said,

“We are not ready to invest in this type of research, but we think that somebody should.”

The 2011 GCF conference panel on Outer Space has opened the door for world business leaders to seriously consider the implications of evidence concerning UFOs and extraterrestrial life.

A graphic summarizing GCF discussions by artist, Sunni Brown (below), reveals the prominence given to issues of extraterrestrial contact and the overwhelming changes new energies will bring to humanity.

Graphic summary of GCF discussions by Sunni Brown

Reveals prominence of ET contact and new energy systems.

Business leaders are meant to accomplish what political leaders have so far failed to achieve – in other words deal with compelling evidence that we are being visited by galactic civilizations who have advanced technologies to share with humanity.

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