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Economy Middle East Summit 2025
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Worldwide
Banking & Finance
$8 trn is the 2021 volume of global digital banking and financial services
Digital banking market will reach $30.1 billion in 2026
Technology
Starbucks endorsement of NFT is a big win for Web3
The company acknowledged that it is fascinated by NFTs
Health
Bill Gates wants to save the world through his GERM Team
Gates has been invested in public health issues long before COVID-19
Markets
Global Financial Markets in Brief- Week 1 May
10-year US Treasury yields exceed 3.1% for first time since 2018
Economy
Why did Bill Gates warn of a global economic slowdown?
Analysts expect the Fed's monetary policy to lead to a "bear market"
Energy
Edible forks, knives, plates and straws are saving oceans
The cost of food wasted annually around the world is about $1 trillion dollars
Energy
Decarbonization picks up momentum
The WUC to explore the role of hydrogen in the future of the utilities sector
Markets
Fed’s rate increase has thrown the crypto market into turmoil
And things don’t look too bright for the coming week, either.
Economy
Will the ECB raise interest rates in July?
Inflation reached very high levels, 7.5 percent last month
Banking & Finance
Musk lists Prince Alwaleed Bin Talal, others, as investors to finance Twitter deal
Musk secures over $7 billion
Luxury & Fashion
Nike at 50, still expanding its global footprint in sports apparel
As of 2022, the Nike brand was valued at more than $33 billion dollars
Economy
Bank of England raises interest rates to highest level in 13 years
Johnson incurs losses in elections due to high cost of living
Economy
Global trade rises 2.1% in April despite war, Chinese restrictions
About 11% of all goods shipped worldwide are stuck in traffic
Energy
“OPEC +” sticks to its strategy and approves a slight increase in production
The "OPEC +" is scheduled to hold its next meeting on the second of next June
Technology
The metaverse represents the future of consumer outreach
Sports organization FAME MMA acquires land on Everdome’s metaverse
Economy
How will the Federal Reserve’s decision affect states and their citizens?
Say Goodbye to cheap money secured by quantitative easing policies
Technology
Report: NFT activity growing since 2021, still lacking consistency
Collectors have sent over $37 billion to NFT marketplaces in 2022 as of May 1
Technology
Personalised education is a human right
New UNESCO report reveals science-based blueprint for rebuilding education systems
Markets
What if India decides to restrict wheat shipments?
A heat wave threatens the production and exports of Indian wheat
Technology
Crypto companies are going all out to hire lawyers
Planning to stay ahead of the changing regulatory landscape
Markets
Alibaba stock tumbles, then rebounds, on ‘Ma’ confusion
The mistake resulted in a $26 billion drop in market value
Economy
The Federal Reserve decides to raise interest rates
Biggest increase since Alan Greenspan's tenure
Energy
BP reports large profit in Q1 2022; Russia’s exit pinches hard
It posted loss of over $20 billion as it withdraws from energy group Rosneft
Technology
“Maybe a slight cost for…”: Musk on whether Twitter will stay free
Twitter may see 'slight cost' for businesses and governments
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