by(Credit: Unsplash)This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./Author: Hassan Abulenein, Government Engagement Lead, Middle East and North Africa, Centre for Trade, Regions and Geopolitics, World Economic Forum, Maroun Kairouz, Head of the Middle East and North Africa, World Economic ForumIn the Middle East and North Africa (MENA), high-income economies are found to be shaped by AI and ICT technologies, while lower-and middle-income countries’ markets are shaped by financial and trade-enabling technologies. At a time when the outlook for the global economy is at its weakest since 1990, recent research from World Economic Forum (WEF) identifies new trends that outline key growth markets that can reinvigorate economic growth in the service of society. The Middle East and North Africa (MENA) has a strong record of government leadership in the economy. With a growing population, continued investments and government backing, growth opportunities will be unlocked through job creation, automation and improvement of livelihoods. New market growth opportunities, however, will not be realised without a mature ecosystem.

Source: The North Africa Journal May 12, 2023 10:10 UTC