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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Worldwide
Logistics
Kia provides vehicle support for FIFA Trophy Tour across the region
The tour is organized by Coca-Cola
Technology
Elon Musk issues direct threat to walk away from Twitter deal
He threatened termination over spam bot dispute
Op-eds
Connected Cars: changing the way the world moves
Are you just driving in your car? That will soon be a thing of the past!
Markets
Tomorrow’s ECB meeting prepares for a “slow and steady” rate increase
Banks are charged a negative 0.5% fee on their central bank deposits
Economy
World Bank slashes global growth forecast to 2.9%
Ukraine war exacerbated the slowdown
Technology
People see Bitcoin as a future means of transaction
Bitcoin could bring equity in finance as never before
Markets
DeFi-driven speculation pushes DEXs’ transaction volumes past those on CEXs
15 months ago, DEXs first eclipsed CEXs in on-chain transaction volumes
Energy
Citibank, Barclays raise oil price forecasts
Citi estimated Brent to average $75 per barrel in 2023
Markets
Global Financial Markets in Brief week of June 1
US Treasury yields at their highest level in 2 weeks following jobs’ data
Energy
CRTKL pledges all projects to be climate positive by 2030 and 2040
The company champions sustainable design to reach net-zero
Energy
How much oil does the EU import from Russia?
About 90 percent of Russian oil imports to the bloc will be stopped
Economy
Biden pledges to Fed chief freedom of action to confront inflation
The Open Committee meets on June 15, to approve 50 basis points increase
Health
Can aging be a thing of the past?
Biomolecular restoration: Making reverse-aging a reality
Energy
EU leaders agree to partial Russian oil embargo
Putin to lose about $10 billion annually in oil export revenues
Op-eds
The return of ‘Bleisure’ travel
Business travel is regaining momentum as a growing number of companies look at it to secure growth
Markets
Global Financial Markets in Brief week May 23
Oil prices hit a two-month high
Technology
Weekly market roundup: Crypto markets continue to bleed
But investors found refuge in Bitcoin.
Economy
IIF lowers forecast for global growth
The institute expects strong growth in ME
Technology
Zero-Day exploitation at an all-time high
80 zero-days were exploited in 2021
Banking & Finance
Elon Musk secures additional funding to acquire Twitter
He adds $6.25 billion to Twitter bid
Logistics
Recovery of global trade at risk
Supply chain turmoil, trade finance gap, hinder global economic growth
Economy
Will there be a global recession?
The war in Ukraine likely a driving factor towards an economic slump
Technology
Elon Musk no longer in the $200 billion club
The richest man in the world’s wealth decreased by 5.4%
Hospitality & Tourism
Travel, tourism sector shows signs of recovery, WEF study
Japan, the US, Spain, France, and Germany are at the top of the list
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