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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

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.