His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the UAE, Prime Minister, and Ruler of Dubai, has extended his heartfelt congratulations to Professor Badi Hani on receiving the “Nouabgh Al Arab 2025” award in the economics category. This recognition underscores the fundamental role of sustainable and balanced economic growth in advancing human societies and enriching civilization as a whole.
A Significant Achievement
In a post shared on his X platform, His Highness noted, “We congratulate Professor Badi Hani from Lebanon for winning the Arab Geniuses Award in the field of economics for 2025. A distinguished economics professor at Syracuse University, he has made exceptional contributions to econometrics and the development of economic data analysis models. Having published over 200 scientific papers, his book on economic data model analysis serves as a reference for researchers worldwide.”
His Highness further stated, “Our Arab communities are in need of professional economists. Effective policies are built on solid science and accurate data. The nation’s economy is shaped by its minds and the determination of its people to write a new chapter in our Arab civilization.”
A Celebration of Intellectual Excellence
The “Nouabgh Al Arab” award, established by His Highness Sheikh Mohammed bin Rashid Al Maktoum three years ago, honors exceptional Arab intellects who excel in vital specializations crucial for human advancement and societal development.
The award for Professor Badi Hani’s contributions to econometrics and the creation of economic analysis tools highlights his pioneering role in analyzing economic data dashboards. His work enables researchers to delve deeper and more accurately into economic data by combining insights from varied time periods and sources. This innovative approach has allowed for more precise evaluations of the long-term effects of economic policies across diverse geographical areas.
Transformative Innovations
Many governments and institutions now rely on Professor Badi’s methodologies for assessing the effectiveness of economic policies, public spending, and regulatory frameworks. This reliance aids in designing more specialized economic policies based on data analysis. He has also conducted training sessions for professionals and specialists within international institutions such as the European Central Bank and the International Monetary Fund.
His extensive research has established theoretical and practical foundations in this vital field, making him a globally recognized reference in contemporary economic studies, particularly in areas intersecting with labor, health, and future economic forecasting.
Inspiring the Next Generation
In a video call, Mohammed bin Abdullah Al Qaraqawi, Minister of Cabinet Affairs and Chairman of the Supreme Committee for the “Nouabgh Al Arab” initiative, conveyed the significance of the professor’s research, theories, and tools developed over decades. These have become fundamental in strategic economic analysis based on precise data to envision future development opportunities for individuals and communities.
Al Qaraqawi emphasized that Sheikh Mohammed bin Rashid Al Maktoum’s vision in founding the “Nouabgh Al Arab” project was a timely response to the pressing need in Arab societies to showcase successful, inspiring models. This recognition serves as a strong motivator for a new generation of Arab researchers and economists to contribute to shaping the future of comprehensive economic development in Arab communities.
Today, the “Nouabgh Al Arab” initiative stands as a leading Arab platform that highlights the brilliance of exceptional Arab minds across various fields, from economics to arts and sciences, nurturing a new era of knowledge and cultural creativity in the region.
By honoring intellectual excellence, the initiative endeavors to build human capital in the Arab world, encouraging the repatriation of talent and inspiring younger generations to drive comprehensive development throughout the Arab community.
Ultimately, the “Nouabgh Al Arab” award has earned a reputation akin to the “Nobel Prize for Arabs,” showcasing distinguished models that set a pathway for continued Arab contributions to human progress.
Sheikh Mohammed bin Rashid remarked:
- “Our Arab communities need professional economists. Effective policies are built on solid science and accurate data.”
- “The nation’s economy is shaped by its minds and the determination of its people to write a new chapter in our Arab civilization.”
- “Professor Badi Hani excels in econometrics and economic analysis tools.”
- “His 200 scientific papers and 33,800 scholarly citations are a testament to his influence.”
- “His book ‘Economic Data Model Analysis’ is a reference for economics students and researchers worldwide.”