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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Worldwide
Logistics
Global sea freight prices soar to record highs in 2024
Prices surge by over 85 percent, signaling new challenges for global trade
Technology
Google Chrome blocks data tracking cookies: What does this mean for advertisers?
Efforts to ensure privacy raise valid concerns from advertisers and digital businesses
Hospitality & Tourism
Indonesia eyes $25 billion additional revenues with expanded visa-free entry policy
Enhancing tourist arrivals and driving economic growth
Sustainability
China operates world’s largest high-altitude wind farm in Tibet
Boasting a capacity of 200 million kilowatt-hours
Markets
Gold prices overcome four-day losing streak
Gold attracts some buyers close to the $2,030 price point
Logistics
Maersk suspends shipping through Red Sea and Suez Canal
Global shipping giants raise fears of economic disruption
Markets
Oil prices rise amidst concerns over supply disruption
Libya's Sharara oilfield shutdown raises concerns over global supply
Markets
Gold market sees uptick as dollar weakens
Yellow metal’s price increased to $2,061.77
Markets
US economic worries lower global oil prices
Offsetting an earlier $2 increase
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
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