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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Banking & Finance
Islamic banking assets to hit $5 trillion by 2025, data reveals
Sector is known for promoting responsible financing
Sustainability
Huawei’s Aito gets 500,000+ orders for M7 luxury EV since relaunch
Huawei's consumer appeal drives success in China's EV market
Economy
IMF warns sovereign debt will soon exceed 100 percent threshold
Regional Economic Outlook Report to be released today amid expectations of further growth reduction
Technology
Metaverse poised for potential $900 bn market growth by 2030
Yet gradual scaling anticipated
Economy
IMF: Global economy not knocked out, yet challenged
Fund highlighted several factors that are impeding stronger economic growth
Energy
OPEC forecasts global oil demand to reach 116 mn bpd by 2045
Massive investment of $14 trn needed to meet demand surge
Technology
ChatGPT surpasses Netflix, ranks ninth among top ten websites by visits
The smart chatbot is reshaping the digital landscape with AI innovation
Economy
Amid economic instability, gold shines as a safe haven
Global demand for bars and coins increased by 6 percent in Q2
Miscellaneous
Formula E’s global fanbase grew 17 percent to a record of 344 mn this year
Overtaking NASCAR to become the fourth-largest motorsport by fandom
Markets
Global bond market in state of turmoil amid lingering monetary tightening
30-Year U.S. Treasury Bond yields reached 5 percent, first time since 2007
Economy
IMF warns of food security threat from fragmented commodity markets
Slower growth forecast for low-income countries at an average of 1.2 percent
Markets
Technical analysis of PEP, TSM stocks
Both PEP and TSM saw their stock price decline in the third quarter of 2023
Technology
Meta Connect 2023: Quest 3, AI, smart glasses but at what prices?
Starting at $500, Quest 3 is available for shipping from October 10
Economy
IMF: A 6 percent rise in female labor force participation boosts GDP 8 percent
EU gender equality brings10.5 million jobs in 2050
Energy
Oil prices soar by 3 percent amid declining U.S. crude stocks
Analysts project oil to break the $100 barrier
Economy
FED’s message slams U.S. financial markets
10-year bond yield reaches level not seen in more than 15 years
Technology
ChatGPT-Plus can read images, hear your voice and answer back
Humankind on the hunt for Artificial General Intelligence (AGI)
Technology
67 percent of UAE crypto transactions driven via institutional investment
Regulatory clarity boosts market maturity, says a Chainalysis report
Technology
AI is now key factor in whether M&As, IPOs, are approved and launched
AI companies are venture capital magnets
Miscellaneous
Gaming apps revolutionizing revenue generation with $225 bn in 2022
Puzzle games dominated the casual gaming genre in revenue
Sustainability
Cars and vans second most carbon dioxide polluters behind power industry
Transport sector releases 7 bn metric tons of CO2 yearly
Technology
Microsoft’s conversational AI, Copilot, launches next week
BIG tech AI hegemony is problematic
Hospitality & Tourism
Global incentive travel to hit $215 bn by 2031, new report says
Sector has an annual growth rate of 12.1 percent
Economy
A ceiling on interest rate hikes on the horizon
21 out of the world's 30 major central banks will cut interest rates in 2024
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