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Economy Middle East Summit
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Markets
Cryptocurrencies start off 2024 strong, Bitcoin exceeds $45,000
Bitcoin records three percent increase in today's trading
Markets
Gold market hits positive momentum to kick off 2024
Precious metal was trading around $2,075 as of early European trading session
Markets
Oil prices increase amid China’s economic prospects
Brent and WTI crude surged 1.5 and 1.4 percent, respectively
Technology
Baidu’s Ernie bot surpasses 100 million users, rivals ChatGPT
Chinese tech giant challenges competitors and expands global reach
Miscellaneous
Global population set to hit 8 billion on New Year’s Day
The world saw a growth of 75 million in the past year
Markets
Oil prices seen to decline by 10 percent at year’s end
First annual decline in two years
Hospitality & Tourism
Visa-free travel for six countries in Türkiye’s big tourism push
90-day stay for citizens of UAE, Saudi Arabia and 4 other countries
Energy
Oil market in 2024: Increased demand, dynamic supply sources
OPEC to cut output by 2.2 mbpd while US production to increase to 13.3 mbpd
Markets
Oil prices stabilize as Red Sea shipping disruptions ease
Brent crude futures rose 0.1 percent, to $79.75 per barrel
Logistics
Global food supplies and prices are in danger in 2024
El Niño phenomenon, export restrictions, and increased biofuel commitments
Markets
What were the best-performing Wall Street stocks of 2023?
Inflation and rising interest rates had little impact on the US stock market
Logistics
Half of Russia’s oil exports go to China and India in 2023
China oil export shares have risen to approximately 45 to 50 percent
Hospitality & Tourism
China’s tourism sector soars in anticipation of the new year
Overall recovery in domestic and cross-border tourism
Sustainability
Empowering future leaders: How COP28 leaves a lasting legacy for sustainability education
The role of universities in creating a greener tomorrow
Markets
United States buys 3 million oil barrels as strategic reserve
Office of Petroleum Reserves purchased oil at an average price of $77.31 per barrel
Markets
Oil prices stabilize as market monitors Red Sea developments
Futures fell five cents, or 0.1 percent, to $81.02 per barrel
Markets
Dollar faces strain amidst rate cut speculations in holiday trading
The dollar index reached 101.54, close to its lowest levels
Markets
Japanese yen records worst performance among top currencies in 2023
Yen decreases against dollar in spot transactions by 5.63 percent
Markets
Oil prices stabilize as focus shifts towards interest rates
Brent crude futures fell 26 cents or 0.3 percent to $79.13 per barrel
Economy
Türkiye maintains monetary tightening, raises interest rate to new heights
Bank said tightening measures nearing end of cycle
Markets
Oil prices recover following Angola’s exit from OPEC
Brent crude futures increased by 0.64 percent to $79.92 per barrel
Markets
Gold continues upward trend, surpasses $2,030 mark
Yellow metal set to record highest annual gains in three years
Markets
Oil prices decline amidst rise in U.S. inventory, global trade concerns
Crude prices face headwinds as market focus shifts to slow demand and trade disruptions
Hospitality & Tourism
20 percent increase in tourist arrivals: Middle East outperforms pre-pandemic levels
International tourism revenues will reach $1.4 trn in 2023
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