IFC's Makhtar Diop on AI, investments and emerging markets


Mina Al-Oraibi
  • English
  • Arabic

Global leaders, policymakers and industry experts came together in Dubai this week at the World Governments Summit to discuss the most pressing challenges shaping the future. With a focus on sustainability, AI governance and global finance, this year's conversation set the stage for collaborative action in an evolving world, from economic resilience to technological innovation.

On this episode of Business Extra, we take you to the World Governments Summit, where The National's Editor-in-Chief, Mina Al-Oraibi, hears from Makhtar Diop, managing director of the International Finance Corporation.

AI traffic lights to ease congestion at seven points to Sheikh Zayed bin Sultan Street

The seven points are:

Shakhbout bin Sultan Street

Dhafeer Street

Hadbat Al Ghubainah Street (outbound)

Salama bint Butti Street

Al Dhafra Street

Rabdan Street

Umm Yifina Street exit (inbound)

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French business

France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.

Islamophobia definition

A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.

Updated: February 12, 2025, 3:08 AM
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