Technology can play a part in the growth in the region. Getty Images
Technology can play a part in the growth in the region. Getty Images

IMF discussion on how tech can help MENA growth



Technology is radically changing how societies interact and adapt.

As MENA countries seek new engines of growth amid lower oil prices and persistent conflicts in parts of the region, the technology revolution could help transform their economies.

But technology is not a silver bullet.

It brings opportunities for some while others may lose. This seminar examines how new technologies might affect the economic well-being of MENA citizens—and what policymakers can do to maximize the benefits. Watch it live below at 7pm UAE (11am EDT)

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Read more from the IMF:

Christine Lagarde: we must protect global growth

Saudi Arabia to return to growth next year

IMF forecasts economic recovery for Middle East economies in 2018

In numbers: PKK’s money network in Europe

Germany: PKK collectors typically bring in $18 million in cash a year – amount has trebled since 2010

Revolutionary tax: Investigators say about $2 million a year raised from ‘tax collection’ around Marseille

Extortion: Gunman convicted in 2023 of demanding $10,000 from Kurdish businessman in Stockholm

Drug trade: PKK income claimed by Turkish anti-drugs force in 2024 to be as high as $500 million a year

Denmark: PKK one of two terrorist groups along with Iranian separatists ASMLA to raise “two-digit million amounts”

Contributions: Hundreds of euros expected from typical Kurdish families and thousands from business owners

TV channel: Kurdish Roj TV accounts frozen and went bankrupt after Denmark fined it more than $1 million over PKK links in 2013 

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Our family matters legal consultant

 

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.

Tips for taking the metro

- set out well ahead of time

- make sure you have at least Dh15 on you Nol card, as there could be big queues for top-up machines

- enter the right cabin. The train may be too busy to move between carriages once you're on

- don't carry too much luggage and tuck it under a seat to make room for fellow passengers