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Arab region’s GDP climbs 1.8% to $3.6tn in 2024
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he Arab region’s gross domestic product increased by 1.8 percent, reaching $3.6 trillion in 2024, despite facing regional challenges, according to new data.
The report, released by the Arab Investment and Export Credit Guarantee Corporation or Dhaman, showed that growth was primarily concentrated in Saudi Arabia, the UAE, Egypt, Iraq, and Algeria, which together accounted for over 72 percent of the region’s total GDP, as reported by the Kuwait News Agency.
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The Role Of Sustainable Finance In Developing Economies
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Sustainable finance is a crucial driver of economic growth and a catalyst of environmental resilience in developing economies like Kosovo, where my company operates. It allows financial institutions to address climate-related issues while simultaneously providing sustained economic stability.
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The Middle East’s first comprehensive carbon budget published
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The Regional Carbon Cycle Assessment and Processes (RECCAP) project launched in 2011 to provide regional carbon budgets at continental and oceanic scales.
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The Role of Theological Education in the Middle East
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.The origins of theological education in the Middle East, both formal and non-formal, can be traced back to its early development. The monastic movement, which has deep roots in the Middle East and North Africa (MENA) region, served as a foundation for spiritual formation. Early monasteries were not only centers of worship but also places of theological learning and discipleship.
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Oman: Digital transformation for sustainable developmen
With the continued implementation of sectoral strategies and national transformation programmes aimed at accelerating the goals of the Oman Vision 2040, the Sultanate of Oman has made significant improvements in its position in various international indicators related to innovation and digital transformation.
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What does Egypt’s plan to rebuild Gaza involve?
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Egypt’s reconstruction plan calls for Gaza to be rebuilt over five years. It is designed in three phases, structured to stabilise, reconstruct and develop the region into a self-sustaining economy. Gazans will remain in their homeland throughout.
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The digital republic: Struggle between power and freedom
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Rapid technological advancements and the growing entanglement of economic and security interests blurred the boundaries between the tech industry and the state. As highlighted in The Technological Republic: Hard Power, Soft Belief, and the Future of the West by Alexander Karp and Nicholas Zamiska, tech companies that once embodied a rebellious spirit against authority gradually became key players in shaping national strategies.
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Will AI build the construction industry 2.0?
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Construction remains a highly under digitised industry, yet it faces specialist skills shortages all while massive demand for new infrastructure continues. Will AI address these challenges?
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The fallout of US foreign aid cuts
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The United States has historically been a key financial supporter of many MENA countries, providing aid to sustain fragile economies, strengthen security frameworks, and fund humanitarian projects. In 2023 alone, Jordan and Egypt ranked among the top beneficiaries, receiving $1.6 billion and $1.5 billion, respectively.
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