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Nestle to cut 16,000 jobs

The company's shares shoot up 8%.

Multiply Group buys stake in ISEM

Multiply Group will hold 60.8% of ISEM.

Bosch to cut 13,000 jobs

This is a blow to Germany's ailing car sector.

Aldar ups stake in Aldar Estates

Acquires Modon Holding’s 17.45% stake

Oracle shares up 35%

Huge AI contracts lead to the surge.

How major Arab economies performed since 1975

  • The region's dynamics have changed a lot due to oil exports from 1975 to 2021.
  • The Arab countries are now among top-world investors in high-tech companies

Arab countries have earned a prominent positions in the global economy. They are no more known as the providers of only oil and petroleum-derived products.

The region has now become a top-world investor in high-tech companies across the globe.

At a time when the future of the global economy is going to change following the trends from regional economies, TRENDS Infographic of this week reviews the region’s performance in terms of GDP growth between 1975 and 2021.