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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, has announced Dr. Mohamed El-Erian, President of Queens’ College at Cambridge University, as the winner of the first Great Arab Minds (GAM) award in the economics category, in recognition of his incredible contributions to the field of economics and his perceptive analysis of changes in economic and financial systems.

Announcing this in a tweet on his official X (formerly Twitter) account, Sheikh Mohammed stated that economics has always been the foundation for stability and growth and the catalyst for innovative and developmental efforts that benefit both individuals and communities.

He noted that creativity in the field of economics is a driver of intellectual progress, prosperity and international cooperation, with ambitious economic visions serving as the main pillar in driving development, building the future of nations and boosting fruitful cultural and civilisational exchange.

An economist with an undergraduate degree from Queens' and a DPhil from Oxford, Mohamed El-Erian previously served as chief executive officer and co-chief investment officer of Pimco, Deputy Director at the International Monetary Fund, Chair of President Obama’s Global Development Council and President of Harvard Management Company.