The World Bank anticipates the region’s GDP to triple to $6 trillion by 2050, but it could grow to $13 trillion. REGIONAL GROWTH DRIVERS ARE:GROSS DOMESTIC PRODUCT (GDP)The region’s GDP is substantial. The GCC expects 3.6% growth in 2024, with the World Bank anticipating GDP will triple by 2050. GREEN GROWTHThe GCC countries are pursuing ambitious targets for achieving renewable resources for electricity generation. The UN World projects growth to peak at 68 million by 2048.

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First, love of beauty in the Middle East is not just skin-deep. But, the beauty market in the Middle East does not focus upon the past. The beauty and personal care market in the Middle East and North Africa (MENA) region is currently worth over $46 billion, and estimated to reach $60 billion by 2025. They belong to a generation that spends significantly more on makeup, seeks out new, exciting products, and keeps the beauty market on its toes. If you want to find out more about trading in the Middle East, visit the British Beauty Council’s Trade Hub.

LONDON, Aug 8 (Reuters) – Ghana’s cocoa sector faces a long-term threat from worsening swollen shoot disease as recent data indicates the world’s second largest grower of the bean is not managing to contain the outbreak, traders and experts said. Spread by small insects called mealybugs that eat leaves, buds and flowers, swollen shoot initially allows trees to produce, but at a reduced rate. After five to 10 years however, it kills them.

TUNIS, Tunisia — Tunisia’s president has sacked the country’s prime minister and replaced him with another Cabinet member, the latest shakeup in the North African country ahead of the October presidential election. President Kais Saied announced late Wednesday in a brief press release that he was dismissing Prime Minister Ahmed Hachani after only one year in office. Saied also named Kamel Maddouri, previously Tunisia’s social affairs minister, to the post. Maddouri will be the sixth prime minister to serve as head of government under Saied. Saied, a 66-year-old former law professor, came to power in 2019, capitalizing on widespread discontent and promising to make Tunisia more prosperous.

Moisture from the tropical storm strengthened another system Tuesday evening, which caused strong thunderstorms, according to National Weather Service meteorologist Scott Kleebauer. 1 of 8 | Residents repair their roof as high winds from an outer band from Tropical Storm Debby passed over the Isle of Palms, S.C., Tuesday, Aug. 6, 2024. (AP Photo/Mic Smith) Read More 7 of 8 Pedestrians make their way down Montagu St. in Charleston, S.C., as Tropical Storm Debby approaches, Tuesday, Aug. 6, 2024. (AP Photo/Mic Smith) Read More 8 of 8 A car sits in flood waters near Spruill Ave in North Charleston, S.C., as Tropical Storm Debby approaches, Tuesday, Aug. 6, 2024. AP AUDIO: Tropical Storm Debby swirls over Atlantic, still dumping rain on the Carolinas before moving north AP correspondent Norman Hall reports Tropical Storm Debby continues to inundate the Southeast coast.

Morocco’s “Atlas Lions,” the nation’s men’s football team Thursday won an Olympic bronze medal after defeating their North African counterparts, Egypt’s “Pharoah’s” who finished their campaign in fourth position. VOA’s Muqbil Yabarow and Mike Hove have more on how the two teams performed at the Paris Olympics.

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Team USA's Tara Davis-Woodhall takes on the women's long jump at 2:00 p.m. ET and 8:00 p.m. local time; men's javelin is at 2:25 p.m. ET and 9:25 p.m. local time, before Grant Holloway et al round off the day's track events with men's 110m hurdles at 3:45 p.m. America's men's basketball team takes on Serbia in the semifinals in its pursuit of a fifth straight gold. The team beat Brazil on Wednesday in a game that saw Kevin Durant becoming the U.S.’s all-time Olympic basketball history top scorer, passing Lisa Leslie.

Two-goal Soufiane Rahimi made history as Morocco claimed an emphatic 6-0 win over Egypt to claim the bronze medal at the Paris Olympics. Player of the match - Soufiane Rahimi (Morocco)The 28-year-old put the seal on an excellent couple of weeks. - MOROCCO 2-0 EGYPT: (Soufiane Rahimi) - It's two in three minutes! - MOROCCO 4-0 EGYPT: (Soufiane Rahimi) - It's that man again as he seizes upon a wonderful through ball and coolly fires beyond the goalkeeper. - MOROCCO 6-0 EGYPT: (Achraf Hakimi) - Egypt have quite literally been hit for SIX.

(Alliance News) - Hikma Pharmaceuticals PLC on Thursday increased its interim dividend following double-digit growth across the business in the first half. Chief Executive Officer Riad Mishlawi: "All of our businesses contributed to our strong performance, delivering 10% group revenue growth. Core operating profit is forecast to be within a USD700 million to USD730 million range, up from USD660 million from USD700 million. In 2023, Hikma delivered 14% year-on-year revenue growth and a core operating profit of GBP707 million. Hikma Pharmaceuticals shares were up 6.4% to 1,958.25 pence each in London on Thursday morning.

Xsolla, a global video game commerce company, announces the opening of its first Canadian office in Montreal in collaboration with GameAddik. With the ability to enable transactions in over 130 currencies and 20 languages, Xsolla has already facilitated access to new gamers for game developers worldwide. For more information about the Xsolla Canadian office, please visit xsolla.pro/montreal. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. About GameAddikFounded in 2015, GameAddik is an advertising technology company that provides tech-driven marketing solutions for the gaming industry.

This makes the project Mpumalanga Province’s most significant agricultural power project and the only ‘water-borne’ solar plant in the region and possibly in South Africa. Over floating solar panels on a water body at the Radley Landgoed farm in Mpumalanga. Floating solar is when solar PV modules are installed on floating structures and operate on a body of standing water or on the sea. Floating solar farms offer distinct advantages over traditional solar installations, such as reduced water evaporation, cooler operating temperatures and land conservation. What are the potential challenges to floating solar projects?

Kyowa Kirin, NewBridge Pharma to improve access to rare diseases medicines across MENAAugust 08, 2024 | Thursday | NewsNewBridge to act as multi-country distributor in four countries across the Middle East and North Africa (MENA) regionKyowa Kirin International (KKI), a wholly owned subsidiary of Japan-based Kyowa Kirin Co., has announced the signing of a Promotion and Distribution Agreement with NewBridge Pharmaceuticals for the distribution of its existing rare disease portfolio across the Middle East and North Africa (MENA). Under the terms of the agreement, NewBridge will commercialise CRYSVITA (burosumab) for the treatment of X-Linked Hypophosphataemia (XLH) and Tumour-Induced Osteomalacia (TIO), as well as POTELIGEO (mogamulizumab) for two subtypes of cutaneous T-cell lymphoma (CTCL), a rare non-Hodgkin’s lymphoma. As part of the agreement, NewBridge will exclusively distribute the two products across MENA countries of Algeria, Iraq, Libya and Jordan. KKI and NewBridge also hope to collaboratively address a number of challenges facing the rare disease community in the region by supporting disease awareness, improving time to diagnosis, and improving access to innovative treatments indicated for rare and orphan diseases. Jeremy Morgan, President of KKI, commented, “With a commitment to delivering life changing value for people impacted by under-diagnosed and under-served diseases, this agreement is key to ensuring patients living with XLH, TIO and CTCL are able to access the medicines they need, and is another positive step on our journey.”

SEOUL, South Korea — South Korean authorities on Thursday were questioning a suspected North Korean resident who crossed into the South, according to South Korea’s military. South Korea’s Joint Chiefs of Staff said in a text message to reporters that South Korean soldiers secured an unidentified individual who was likely North Korean and handed that person over to relevant authorities for questioning. The joint chiefs didn’t immediately provide details on how the person crossed the border, from where and whether it was an attempt to defect to the South, citing the ongoing investigation. The military statement came after South Korea’s Yonhap news agency, citing anonymous military sources, reported that a North Korean resident crossed an estuary where the Han River meets the Yellow Sea and was taken by South Korean troops at the South’s western border island of Gyodong. AdvertisementSouth Korean Defense Minister Shin Won-sik, when asked about the report during a parliamentary session, said South Korea’s National Intelligence Service was investigating related matters but didn’t provide more details.