Pranav Jain

Our MENA region stands to gain significantly from AI's potential, with forecasts suggesting a $320 billion boost to the Middle East economy by 2030. But as we continue to advance in AI capabilities, it's crucial we acknowledge that it comes with great responsibility. At Meta, we’re committed to innovation and responsibility in AI development. We believe collaboration is key to establishing common standards and governance frameworks. Read my latest article in CEO Middle East to learn more about our approach and the importance of responsible AI development in the MENA region. #AI #MENA #Innovation #Responsibility #Governance

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In an era of weaponised interdependence, Gulf states are leveraging their multi-aligned relations to act as political and economic power brokers irrespective of geopolitical rivalries. Leading into the 20th IISS Manama Dialogue, read Hasan Alhasan’s full analysis. #IISSMD24 https://lnkd.in/eUNq2bJA

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Oman’s Ominvest ($3.4 billion portfolio) secures a $500 million debt facility and plans to use it to support its growth plans. This was arranged by: Gulf International Bank Al Ahli Bank of Kuwait Gulf Bank #Oman #Kuwait #Banking #Investments

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The Middle East has a trillion-dollar export opportunity – and it isn’t oil. Learn how targeted policies, an enabling environment and access to foreign markets could quadruple high-value-added, non-oil export growth. Details are in this new article I co-authored with Rasheed Eltayeb, Chadi N. Moujaes, and Sohaib Hassan Dar on Gulf News. 🔗 Link here: https://lnkd.in/dy2myDgY #GCC #Exports #NonOilExports #MiddleEast

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COP28 in Dubai was marred by controversy from the start of 2023, when the summit’s president was announced as Dr. Sultan Al Jaber, CEO of the Abu Dhabi National Oil Company (ADNOC Group). Now an investigation from NGO Global Witness shows that ADNOC sought close to $100 billion (€92 billion) worth of oil, gas and petrochemical deals in 2023 - a fivefold increase on the previous year. The leaked documents, prepared by the UAE’s COP28 team and obtained by journalists at the Centre for Climate Reporting, identified 16 nations as top targets for deal making. ADNOC did seek deals with 12 of these countries, according to Global Witness investigators. 👉 This should be no surprise as businessmen (it usually more men than women in this - oil - field) are paid to make business deals. Oil officials must have their number drastically reduced at business and at governmental level at COPs. We don't need thousands of them to organise a phase-out of fossil fuels. If we want to take climate change seriously, it's time to finalise a gradual phase-out, not a fireworks display. #climateaction UNFCCC UN

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Assad’s Fall: A New Chapter in the Middle East. 🌍📜 Assad’s exit disrupts the geopolitical dynamics of the Middle East, and we’re already seeing ripple effects across energy markets, trade routes, and political alliances. While some celebrate the end of his 54-year family dynasty, others brace for what comes next. And rightly so, taking e.g. the rebels approach towards women and the Kurds into account…  But let’s try and find some clariy within the chaos of the past days: 📌 𝐊𝐞𝐲 𝐬𝐡𝐢𝐟𝐭𝐬 𝐭𝐨 𝐰𝐚𝐭𝐜𝐡 𝐢𝐧 𝐭𝐡𝐞 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭: 1️⃣ 𝐓𝐮𝐫𝐤𝐞𝐲’𝐬 𝐰𝐢𝐧: Assad’s exit weakens Iran’s influence and positions Turkey as a rising power in the region. Ankara’s support for the Syrian rebel forces has paid off, giving it new leverage in shaping Syria’s reconstruction and politics. The losers of this geopolitical power-game are most-likely the Kurds. Again. 2️⃣ 𝐈𝐫𝐚𝐧 𝐨𝐧 𝐭𝐡𝐞 𝐛𝐚𝐜𝐤 𝐟𝐨𝐨𝐭: With its ally in Damascus gone, Iran’s regional “Axis of Resistance” takes a hit. Its ability to arm Hezbollah and project influence across Lebanon and Syria is now severely diminished. 3️⃣ 𝐓𝐡𝐞 𝐊𝐮𝐫𝐝𝐢𝐬𝐡 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧: The post-Assad power vacuum leaves Syria’s Kurdish regions vulnerable. Will Turkey seize the moment to suppress Kurdish autonomy, or will new players in Syria’s transitional government give them space to negotiate? 4️⃣ 𝐍𝐞𝐭𝐚𝐧𝐣𝐚𝐡𝐮’𝐬 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐚𝐛𝐥𝐞 𝐦𝐨𝐯𝐞: Israel wasted no time reinforcing its border near the Golan Heights. While Prime Minister Netanyahu claims this ensures security, regional players like Egypt have accused Israel of opportunism. Tensions could escalate further as new power structures emerge. 5️⃣ 𝐓𝐡𝐞 𝐟𝐚𝐥𝐥 𝐨𝐟 𝐀𝐬𝐬𝐚𝐝 𝐝𝐞𝐚𝐥𝐬 𝐚 𝐛𝐥𝐨𝐰 𝐭𝐨 𝐑𝐮𝐬𝐬𝐢𝐚’𝐬 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐲, undermining years of investment and exposing its stretched commitments in Ukraine. For the U.S., it presents both a challenge and an opportunity—curtailing Iranian influence but requiring careful management of Syria’s transition, ISIS threats, and Kurdish autonomy. This marks a key moment in regional power dynamics. 💡 𝐖𝐡𝐚𝐭’𝐬 𝐧𝐞𝐱𝐭 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐌𝐢𝐝𝐝𝐥𝐞 𝐄𝐚𝐬𝐭? The region faces immense uncertainty, with competing powers vying to shape Syria’s future. For businesses, understanding these dynamics is critical—whether you’re in energy, logistics, or any industry affected by the Middle East’s strategic importance. 📣 What do you think this means for stability and economic opportunities in the region? Let’s discuss in the comments. #Geopolitics #MiddleEast #AgoraStrategy #BusinessLeadership

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The #UAE #non-oil sector grew at the fastest pace in six months in October, according to the latest S&P Global #PMI report. Read my analysis here - https://lnkd.in/dXFgH-vH

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Honored to have a new piece in Just Security focused on gold, both as a driver of economic growth and as an illicit commodity. This week's Sudan sanctions build on the December actions against one of the #goldmafia networks and also the UK's joining the US and EU in sanctioning Alain Goetz. In each case, these networks connected to Dubai, but the UAE is also taking some meaningful steps. The question, then, is how does the private sector pick up on these efforts to alter its decision-making both to motivate greater engagement upstream and more effective due diligence downstream. I suggest some specific questions/actions and, among other things, also propose that both JMLIT and FinCEN Exchange develop specific workstreams around gold, given the impact of AML rules and FATF efforts on gold but the need for much more dynamic two-way engagement between government and the private sector to combat illicit actors.

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“Jahiz” unlocks the future of government innovation by offering an interactive and seamless upskilling experience to federal government employees focused on skills of the future. Discover the UAE government’s pioneering initiative that empowers government talents with the new skills required to design the future, seize its opportunities, and face its challenges. Download the full report now on the “Ibtekr” Platform and join the journey towards a smarter government. Federal Authority for Government Human Resources (FAHR) - UAE

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Snapshot of the geo-economic and business implications of the conflict in the Middle East from shipping lane and supply chain pivots to stance, sentiment, and security considerations.

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The ongoing #conflicts in the Middle East and Eastern #Europe will likely have significant impacts on business, jobs, and the economy in 2027: *#Global #Economic #Impacts:* 1. Increased inflation (5-7%) 2. Slower GDP growth (2.5-3%) 3. Volatility in financial markets 4. Reduced foreign investment 5. Supply chain disruptions *Regional Economic Impacts:* *Middle East:* 1. Decreased oil exports 2. Reduced tourism and travel 3. Increased refugee crisis 4. Humanitarian aid costs 5. Infrastructure destruction *Eastern Europe:* 1. Economic sanctions on Russia 2. Reduced trade with Ukraine 3. Increased military spending 4. Displacement of people and businesses 5. Infrastructure damage *Industry-Specific Impacts:* 1. Energy: Increased oil prices, reduced supply 2. Aerospace/Defense: Increased demand, production 3. Technology: Cybersecurity threats, supply chain disruptions 4. Finance: Market volatility, reduced investment 5. Tourism: Decreased travel, revenue loss *Job Market Impacts:* 1. Increased unemployment (5-7%) 2. Reduced job creation 3. Skills mismatch due to shifting industries 4. Remote work adoption 5. Talent migration *Business Impacts:* 1. Reduced consumer spending 2. Increased costs (raw materials, logistics) 3. Supply chain disruptions 4. Reduced access to markets 5. Increased cybersecurity threats *Opportunities for Growth:* 1. Renewable energy investments 2. Cybersecurity solutions 3. Digital transformation 4. E-commerce growth 5. Humanitarian aid and reconstruction efforts *Mitigation Strategies:* 1. Diversification of supply chains 2. Investment in emerging markets 3. Adoption of technology 4. Risk management and contingency planning 5. Global cooperation and diplomacy *Predictions for 2027:* 1. Gradual economic recovery 2. Increased focus on sustainability 3. Growing demand for cybersecurity solutions 4. Expansion of remote work 5. Continued global cooperation efforts Sources: 1. IMF World Economic Outlook 2. World Bank Global Economic Prospects 3. UN Conference on Trade and Development 4. Economist Intelligence Unit 5. Deloitte Global Economic Outlook Keep in mind that these predictions are based on current trends and available data. Actual outcomes may vary due to unforeseen events or changes in global circumstances. analysis by UNAccc (UNITY OF NATIONS ACTION FOR CLIMATE CHANGE COUNCIL) in support of Meta follow Rajat P Sharma for more updates

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The Middle East's space sector is projected to grow significantly, with estimates suggesting it could reach $75 billion by 2032, up from $25 billion. The region accounted for 4.9% of the global space economy in 2023 and aims to capture 7.5% by 2030. This growth is supported by increased involvement from entrepreneurs and startups raising funds at an exponential rate. #Space #Growth #KSA #Security #Opportunity

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For those interested in getting a clearer understanding of Qatar’s future direction, this article offers a good overview of the country’s plans to build a knowledge-based, sustainable economy as part of its Vision 2030. It’s an insightful read for anyone curious about how Qatar is positioning itself for the future. https://lnkd.in/dE7eRRYk #Qatar #Vision2030 #Sustainability #Innovation

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The UAE's liberal migration policies have reaped huge dividends for the country's economy - and also improved its rankings on the global stage. Read my analysis of a Kearney report here - https://lnkd.in/g8n8K-K5

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"The newly launched foreign direct investment (FDI) strategy aims to significantly enhance FDI by 2031. It targets key sectors such as advanced manufacturing and renewable energy, with the goal of doubling cumulative FDI to AED1.3 trillion (representing 30 percent of national investment volume) and tripling the cumulative FDI balance to AED2.2 trillion by 2031. This ambitious plan will be executed through five strategic directions: attracting new investments in priority sectors, expanding FDI in existing projects, strengthening international partnerships, enhancing investor relations, and improving the UAE’s overall competitiveness." - EME #uae #NIS2031 #government #initiative #investment #strategy #fdi #programs #vision #entrepreneurship #leadership #partnership #growth

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New Destination in Middle East

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As the 2024 The unexpected fall of the Assad regime in Syria has sent shockwaves across the Middle East, reshaping regional alliances and global markets. Kara Murphy examines the winners, losers, and uncertainties in the wake of Assad’s departure, from shifts in energy prices to the strategic implications for countries like Iran, Israel, and Russia. For investors, understanding these geopolitical ripple effects is crucial as the region navigates an uncertain future. Dive into the key insights and what they mean for the global economic and political landscape. Read more in this week’s Markets in a Minute. https://lnkd.in/eKedY6bz

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