Algeria aims for AI to contribute 7% of its GDP by 2027, with investments in AI, robotics, and cybersecurity startups. The government is enhancing digital infrastructure with 4G and fiber optic networks, aiming to boost economic productivity and position Algeria as a leader in AI and technological innovation.
Jordan’s tourism sector saw strong growth in February, with tourism revenue rising by 10% year-on-year to JD428 million. International arrivals surged by 13%, while overnight visitors increased by 9%. These gains are driven by strategic marketing, enhanced services, and resumed flight routes, aligning with Jordan’s goal of sustained tourism growth.
Oman’s transport and logistics sector is projected to contribute RO14bn to the economy by 2040, becoming the second-largest economic contributor after hydrocarbons. With a focus on infrastructure, sustainability, and digital transformation, the sector will create up to 300,000 jobs and unlock investment opportunities, supporting Oman’s Vision 2040 goals.
Algeria aims for AI to contribute 7% to its GDP by 2027, investing in universities, incubators, and startups. The country is enhancing its digital infrastructure with fiber optics and 4G to support AI-driven economic growth, focusing on sectors like agriculture, industry, and services to transform its economy.
The International Finance Corporation (IFC) has committed to supporting Pakistan’s growth in sectors such as green energy, telecom, and digitization. The announcement came during a meeting between IFC’s Makhtar Diop and Pakistan’s Finance Minister Muhammad Aurangzeb, where discussions focused on economic reforms and private-sector growth.
The Global Cybersecurity Forum (GCF) and the World Economic Forum (WEF) have launched the Centre for Cyber Economics (CCE) in Riyadh to address the economic challenges and opportunities of cybersecurity. The Centre aims to enhance global resilience, foster collaboration, and develop models to improve cybersecurity investment and growth.
The Algerian Stock Exchange experienced historic growth in 2024, with market capitalization reaching 518 billion dinars. The anticipated listing of telecom giant Djezzy in 2025 is expected to further boost the exchange’s profile. Ongoing modernization efforts aim to attract more investors and enhance market accessibility for SMEs.
Jordan’s ICT sector continues to thrive with the ongoing royal support, bolstering economic growth and digital transformation. The sector’s expansion is driving job creation, entrepreneurial innovation, and positioning Jordan as a regional hub for ICT services, aligning with the nation’s Economic Modernization Vision.
Jordan has introduced a Blockchain Technology Policy for 2025, focusing on enhancing transparency, improving public services, and stimulating economic growth. The policy aims to streamline government functions, improve service efficiency, and support blockchain innovation, positioning Jordan as a leader in digital technologies and attracting international investment.
Egypt’s engineering exports reached a historic $5.1 billion in the first eleven months of 2024, marking a 21.6% increase from 2023. This growth highlights the sector’s significance in Egypt’s economy, driven by industries such as automotive components, cables, and home appliances. Major export destinations include Europe, the Middle East, and Africa.
