Sheikh Mohammed congratulates winner of Great Arab Minds Award in Economics 2024

Professor Yacine Aït-Sahalia, originally from Algeria, has been honored with the prestigious Great Arab Minds Award in Economics 2024 for his groundbreaking contributions to financial econometrics. His pioneering research has transformed the way financial data is analyzed, improving market understanding and trend predictions.

Professor Aït-Sahalia's methods enhance the ability to estimate market volatility, forecast trends, and manage risks, with applications in asset pricing and financial planning. His work has set new standards in financial econometrics and inspired economists around the world.

With over 80 research papers and two influential books, Aït-Sahalia has made significant strides in revolutionizing financial analysis.

A leader in financial economics

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, congratulated Professor Aït-Sahalia for his exceptional contributions to the field. Sheikh Mohammed praised the professor’s work for improving financial market analysis, risk assessment, and economic planning.

Sheikh Mohammed said:

"We congratulate Professor Yacine Aït-Sahalia on his exceptional contributions. His work has improved financial market analysis, helped assess risks, and made financial and economic planning more efficient. We are proud of all Arab minds who continue to inspire us with their creativity and innovation."

Celebrating Arab talent

Mohammad bin Abdullah Al Gergawi, Minister of Cabinet Affairs and Chairman of the Great Arab Minds Higher Committee, personally informed Professor Aït-Sahalia of his award via video call. Al Gergawi emphasized that this recognition reflects Sheikh Mohammed’s vision of celebrating Arab talent and highlighting their global contributions.

"Your research has become a reference for institutions and governments globally. It inspires a new generation of economists and is a source of pride for the Arab world." Al Gergawi stated.

The Great Arab Minds Award honors exceptional Arab talents across various fields, with Professor Aït-Sahalia’s recognition underscoring the importance of fostering innovation and excellence throughout the Arab world. His success serves as an inspiration for future generations to aspire to greatness.