Middle East / Africa
GenAI adoption alone will not markedly lift global GDP
Research confirms that GenAI is being adopted faster than the PC and internet were, and broadly across occupations
InternationalGrowth forecasts for Middle East and North Africa fall
The World Bank expects growth to strengthen in the Gulf Cooperation Countries (GCC) but to slow elsewhere in the region
Middle EastGulf states-EU summit could see trade talks re-opened
The inaugural summit between GCC and EU leaders produced little of substance
Gulf statesNigeria may struggle to improve road safety
The explosion of an overturned fuel tanker truck has killed over 150 people in northern Nigeria
NigeriaWorld trade is finding a historically soft new normal
Japan’s exports by yen value fell for the first time this year but the WTO expects modest world trade growth ahead
JapanBudget tightening call reduces structural reform scope
IMF research examines ways of increasing structural reform acceptance, but the fiscal monitor calls for tighter budgets
InternationalAI will lift capital markets efficiency and volatility
The IMF report on AI use in capital markets shows rapid adoption, but different adoption rates by sectors and regions
InternationalEnergy wealth will help Saudi AI drive
The government is channelling massive investments into developing artificial intelligence (AI) domestically
Saudi Arabia
