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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economy
Ex-Soviet leader Mikhail Gorbachev passes away.. Putin’s first comment
After a long struggle with a serious illness
Energy
Expected losses from climate change valued at $5.6 tln
Manufacturing, distribution to be hit hardest and costing $4.2 trn
Logistics
Is there a future for dark kitchens?
Restaurant-to-home delivery industry will be a $500 bln market globally
Markets
Tech companies weighing down Chinese stocks
Japanese stocks recouping losses
Banking & Finance
IMF agrees to disburse two tranches of $1.17 bln to this country
“IMF approved 7th, 8th reviews of fund facility for Pakistan”
Energy
Unprecedented electricity prices push the EU to “urgently intervene”
The standard European gas price has risen 550% in past 12 months
Logistics
You can now add climate to global supply chain disruptions
Drought, flooding make water crossings impossible to navigate
Technology
The metaverse shows promise among young gamers
Youngsters currently spending more time and money in the metaverse
Technology
Communication providers must personalize experiences: Report
Commitment to digitalization to shape future of communications industry
Markets
Global Financial Markets in Brief Week August 22
In just 8 minutes, Powell caused a market downturn that wiped out about $78 billion
Technology
Opinion: It’s about time Ether displaces Bitcoin
Can the Merge be the match in the powder barrel?
Banking & Finance
Central bankers around the world declare war on inflation
They are at risk of losing the confidence they built over decades
Energy
Oil prices rise slightly in anticipation of Powell’s speech today
Saudi's statements are supported by the UAE, Sudan
Technology
The Ethereum Merge has an official kick-off date
The Merge will be completed at some point Sept. 10-20
Energy
Can Russian “Novatek’s” withdrawal enable oil exploration resumption in Lebanon?
The US Mediator in Beirut next week
Technology
Everdome’s metaverse to launch a Martian colonization competition
Approach combines deep knowledge of space architecture
Technology
The results are in: CBDCs are the way of the future
It’s the biggest evolution in digital money
F&B
Ozen Life Maadhoo brings back tradition with LONU
LONU brings back age-old recipes to life
Technology
AudioSwim heats up ‘Crypto Winter’ with new NFT music track
NFTs set for long-term recovery following current winter of cryptos
Energy
Oil slips as fears of imminent OPEC+ output cut fade
Output cuts likely to coincide with Iran’s possible return to oil markets
Economy
White House shaves off 2.4% from US economic growth in 2022
With Omicron's return, the Ukraine war, inflation, and interest rate hikes
Economy
UK faces threat of over 18% inflation in early 2023
Fueled by soaring energy prices
Markets
Euro drops below 2002 low
Reaching $0.9909
Markets
Global macro-economics dominating this week’s commodity trading
There is an increased risk that the world economy will slow down
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