Although trade flows among African states remain below their potential, an ambitious project is under way to accelerate economic integration and significantly expand intra-continental trade. Spearheaded by the African Union (AU), the African Continental Free Trade Area (AfCFTA) agreement was signed in March 2018 and aims to reduce both tariff...
Before the onset of Covid-19, Egypt’s economy was among the strongest performers in the MENA region. Business leaders are largely confident that a number of sectors stand to benefit from positive fundamental changes brought about by the pandemic. The country’s CEOs have made it clear that the crisis could lead to structural benefits in the...
Before the onset of Covid-19, Egypt’s economy was among the strongest performers in the MENA region, with a Reuters poll from January 2020 putting the country’s economic growth at 5.8% for FY 2019/20 and 5.9% for FY 2020/21. This is more than double the regional average for MENA, which the World Bank estimated at 2.6% for 2019/20.
In November 2020 Riyadh is set to host the 15th annual G20 Leaders’ Summit, bringing together the leaders of some of the world’s largest economies. Although the summit will span a period of just two days, more than 150 separate meetings, exhibitions and events are being organised around it, and are expected to be a major boon for the local economy...
The Fourth Industrial Revolution (4IR) will pave the way for technology that has the power to greatly transform economies and societies worldwide. These technologies, which include artificial intelligence (AI), blockchain, big data tools, the internet of things (IoT) and robotics, can improve overall quality of life and increase the efficiency of...
Across the Gulf public health authorities and private institutions are investing in smart technologies to improve patient care. Data collection, sharing and analysis, DNA-driven research on precision medicine, and distance consultation and diagnostics are already being implemented in some areas of the GCC. The region’s hydrocarbons wealth is also...
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