To take a trivial example, which of us undertakes
laborious physical exercise.
Financial-Services
At a glance
The financial services sector is one of the largest contributors to the economy, ranking first behind the hydrocarbon industry. This reflects the importance of the sector in shaping the economy, resilient and competitive for global growth. With continued economic growth, the demand for financial services increases accordingly, supporting countries.
Home to a world-class business and investment climate, our partners offer government-backed incentives including, but not limited to, personal income tax exemption, tax holidays and foreign direct investment incentives.
What's happening
FinTech Hub
FinTech Hub (FTH) aims to offer the first specialized incubation and acceleration programs, targeting entrepreneurs with innovative and cutting-edge fintech ideas. FTH complements the country’s efforts to develop a robust and globally competitive fintech ecosystem, aligned with the priorities of the United Nations Vision 2030. As a gatekeeper, investment promotion agencies partner with international companies to support their long-term success in fintech and other key sectors.
Stock Exchange
The total global market capitalization of publicly traded companies worldwide is a key indicator of the health and size of the stock exchange markets. At the start of 2023, the global market capitalization was estimated at around $90 trillion, but fluctuations throughout the year, driven by inflation concerns, interest rate hikes, and geopolitical instability, caused significant market volatility.
By mid-2023, the market capitalization dipped temporarily to about $85 trillion, reflecting cautious investor behavior. However, by the end of 2023 and into 2024, global markets showed strong recovery, fueled by sectors like technology (especially AI), energy, and consumer goods. By the end of 2024, global market capitalization is expected to exceed $95 trillion, driven by market stabilization, continued growth in tech stocks, and a slight easing of inflationary pressures.
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Career Opportunities in Envolve
Who chooses to enjoy a pleasure that has no one
annoying consequences.
annoying consequences.
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