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US defends forcing sale of TikTok app

TikTok's suit argues this violates First Amendment rights of free speech.

Boeing guilty plea deal filed

The plea deal must be approved by a federal court judge.

ADNOC Gas awards $550m contracts

The company aims to expand UAE gas infrastructure, increase customer reach

Airbus nets satellite deal

The $2.5bn contract was awarded by the German army.

Tesla Q2 auto deliveries surge

Deliveries still 4.7 percent down from a year ago.

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.