Core Points - The UAE's Foreign Trade Minister, Thani Al Zeyoudi, emphasized the importance of open and rules-based trade as a key driver for long-term global development during the G20 Trade and Investment Ministers' meeting in South Africa [1] - The UAE advocates for collaborative solutions to current trade issues, focusing on modernizing supply chains and enhancing the accessibility and fairness of the global trade system [1] - Al Zeyoudi highlighted the necessity for all countries to benefit from global trade while promoting sustainable economic growth and increasing resilience [1]

Core Points - The 2025 Nobel Prize in Economic Sciences is awarded in two parts: one half to Joel Mokyr for highlighting the prerequisites for sustained growth through technological advancement, and the other half jointly to Philippe Aghion and Peter Howitt for their theoretical contributions to sustained growth through creative destruction [1][3] Summary by Sections Nobel Prize Announcement - The Nobel Prize in Economic Sciences for 2025 recognizes contributions to understanding economic growth, with Joel Mokyr focusing on technology and Aghion and Howitt on creative destruction [1][3] Historical Context - The Nobel Prize in Economic Sciences, officially known as the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, was established in 1968 by the Swedish National Bank and is awarded for outstanding contributions in economics [3][4] - The first award in 1969 was given to Ragnar Frisch and Jan Tinbergen for developing dynamic models to analyze economic processes [3][4] Recent Winners - The 2021 Nobel Prize was awarded to David Card for contributions to labor economics, and jointly to Joshua D. Angrist and Guido W. Imbens for methodological contributions to causal analysis [4] - The 2022 prize recognized Ben S. Bernanke, Douglas W. Diamond, and Philip H. Dybvig for their research on banks and financial crises [4] - The 2023 prize was awarded to Claudia Goldin for enhancing understanding of women's labor market outcomes [4] - The 2024 prize was shared by Daron Acemoglu, Simon Johnson, and James A. Robinson for their research on how institutions shape and influence prosperity [6]

Core Viewpoint - The UAE has maintained close cooperation with the OECD for nearly two decades, achieving significant results in sustainable economic growth, economic diversification, and optimizing the business environment [1] Group 1: Economic Cooperation - The UAE's Minister of Economy and Tourism highlighted the ongoing collaboration with the OECD during an event in Paris [1] - Joint initiatives have been implemented to promote sustainable economic growth and diversification [1] Group 2: Business Environment Reforms - The UAE has continuously advanced reforms in the business environment, having enacted or updated over 35 economic laws in the past five years [1] - These reforms cover various areas including family businesses, cooperatives, e-commerce, intellectual property, and foreign ownership (100%) [1]

Core Insights - The World Bank has allocated $360 million to Ghana through its International Development Association (IDA) to support the government's efforts in restoring macroeconomic stability and fostering sustainable economic growth [1][1][1] Group 1: Financial Support - The funds were disbursed on September 11 and are part of a broader support program that includes investment loans and technical assistance [1] - The program aims to strengthen fiscal discipline and enhance domestic revenue growth, improve financial sector stability, and promote private investment [1] Group 2: Sectoral Reforms - The initiative will also enhance the financial sustainability of the energy sector, ensuring efficient management and operations [1] - This support is intended to reinforce ongoing reforms under the International Monetary Fund (IMF) program in Ghana [1]

Core Viewpoint - The Central Bank of the Philippines aims to maintain price stability by ensuring that monetary policy supports sustainable economic growth and employment [1] Group 1 - The Central Bank emphasizes the importance of aligning monetary policy with economic growth objectives [1] - The focus on employment indicates a dual mandate of price stability and job creation [1] - The approach suggests a proactive stance in managing inflation while fostering economic development [1]

Core Points - Qatar Investment Promotion Agency (Invest Qatar) has launched a $1 billion incentive program to enhance Qatar's position as a global business hub [2] - The program offers up to 40% financial support for eligible investors over five years, covering local investment costs [2] - The initiative aligns with Qatar's National Development Strategy (NDS3) and focuses on key growth sectors such as advanced industries, logistics, IT and digital economy, and financial services [2][3] Incentive Program Details - The program includes four initial incentive schemes aimed at supporting new investments, expanding existing facilities, and fostering high-skilled job creation [2][3] - The advanced industries scheme targets high-value sectors like pharmaceuticals, chemicals, automotive, and electronics [3] - The logistics scheme aims to transform Qatar into a leading global logistics and distribution center through infrastructure and automation investments [3] - The technology scheme focuses on attracting investments in cybersecurity, cloud computing, AI, and data-driven innovation [3] - The Lusail financial services scheme promotes asset management, insurance, and fintech innovations [3] Qualification Criteria - The program has transparent qualification standards, requiring a minimum investment of 25 million Qatari Riyals within five years and meeting job creation and industry experience targets [3] - Applications can be submitted through Qatar's first digital investment platform, "Invest Qatar Gateway" [3] Economic Impact - In 2024, Qatar attracted $2.74 billion in foreign direct investment through 241 projects, creating 9,348 jobs [3] - Qatar's international competitiveness improved, with the IMD World Competitiveness ranking rising to 11th, and the World Bank Logistics Performance Index ranking logistics capability and infrastructure at 14th and 19th globally, respectively [3]