Published: 01-Mar- 2017 | Category: Reports
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The 12th edition of the Global Risk report, prepared by the World Economic Forum with Marsh & McLennan Companies as a strategic partner, provides an outlook on the threats facing the world in 2017 and examines some of their root causes: rising inequality, political polarisation and nationalism, and disruptive technological change.
Here we look at the key risks that we predict we affect the Middle East and North Africa (MENA) region:
· Technology Risk - Cyber Threats and Artificial Intelligence
In 2017, businesses in MENA will face challenges from emerging technologies that include a broadening landscape for cyber attacks, economic risk from jobs lost to artificial intelligence, and governing risks related to drones, driverless cars, robotics, and more.
· Financial and Geopolitical Risk - Growing Global Uncertainty
Advanced economies are experiencing heightened domestic anxiety that has intensified geostrategic competition. They are also experiencing stagnant economic growth and significant productivity challenges whilst emerging markets are enduring fiscal fragility.
· Health - Rising Disease Incidence and Increasing Medical Insurance
Due to rising incidence of chronic diseases, spending on long-term treatment is expected to increase.