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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Banking & Finance
Enabling stablecoin growth in the MENA region: Key factors for success
Crypto assets are available 24/7, have near-zero costs and are fully programmable
Economy
Dubai invests over $844 million in Senegal over 13 years: CEO of Dubai Chambers
These investments have created more than 1,200 jobs in the Senegalese market
Economy
Egypt targets $30 billion in foreign direct investment in 2024/25 budget
The country's general budget indicators show that total revenues are expected to be EGP2.6 trillion
Sustainability
UAE’s ADFD finances projects worth $9.6 billion in 42 African countries
In 2023, ADFD led a $4.5 billion UAE initiative to boost Africa's clean energy infrastructure
Technology
Public cloud spending projected to reach $675 billion globally by 2024: Report
SaaS spending is forecast to grow 20 percent to reach a total of $247.2 billion in 2024
MENA
L’Oréal Middle East, AstroLabs launch TechQuest challenge, fueling beauty tech advancements in the region
Out of 535 homegrown startups identified, 14 were shortlisted to innovate next-gen beauty tech for L'Oréal Middle East
Egypt
Egypt’s exports to Arab nations up 8.7 percent in 2023, reaching $13.6 billion
Saudi Arabia topped the list of Arab countries importing the most from Egypt during the year
Real Estate
UAE construction sector flourishes despite global challenges, holds $590 billion project pipeline: Report
$3.9 trillion is the estimated pipeline value of unawarded construction projects in MENA from 2024-28
Banking & Finance
Abu Dhabi’s TAQA posts $571.7 million net income in Q1 2024
The group revenues reached $3.7 billion, marking a 5.3 percent increase compared to the previous year
Energy
UAE, Mauritius to deepen cooperation in water, energy, sanitation
Areas of collaboration included renewable energy, hydrogen, liquefied natural gas
Hospitality & Tourism
IHG thrives in the Middle East’s booming travel and tourism market
Leading hospitality brand to open 70 hotels in the region in the next few years
Hospitality & Tourism
Hilton accelerates growth in the Middle East
New openings to bolster its position as a leading hospitality brand in the region
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