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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Africa
Sustainability
Africa faces $277 billion annual climate adaptation funding shortfall, warns African Development Bank President
Adesina said the devastating African drought demands urgent, collective action to boost support and financing
Economy
Egypt to ensure foreign currency availability through maintaining flexible exchange rate
This represents a key condition for Egypt's $8 billion loan program signed with the IMF
Economy
Egypt’s GDP expected to reach 4 percent in FY 2024/2025: Ministry of Finance report
The report predicts an 18.1 percent average annual headline inflation rate
Egypt
Egypt targets 3-5 year timeline for IPO program, finance minister reveals
Maait highlighted that Egypt is on track to achieve financial stability after facing a severe economic crisis
Economy
Egypt’s finance minister prioritizes inflation reduction, job creation in economic reform agenda
Egypt further plans to sell more state assets, which would reduce the state's role in the economy
Economy
World Bank raises forecast for UAE’s real GDP growth to 3.9 percent in 2024; 4.1 percent in 2025
The report indicates the UAE's current account surplus is expected to reach 8.4 percent in 2024 and 8.3 percent in 2025
Economy
ICAEW’s Chief Economist Scott Livermore on oil output strategy, economic diversification importance for GCC growth plans
Sustained oil output, growing non-oil investments key to healthy economy
Banking & Finance
EFG Holding Group CEO Karim Awad: Investing in infrastructure and innovation to stay ahead
Future-proofing business key to meeting shareholder expectations and long-term success
Op-eds
Embracing new opportunities amid shifting global economic dynamics
Insights into economic trends, entrepreneurial efforts driving growth in UAE and KSA
Interviews
Bain & Company on hitting sustainability goals, overcoming challenges and leveraging opportunities
70 percent of MENA organizations have clear targets, Bain & Company Middle East reveals
Energy
OPEC oil output dips in March amid voluntary cuts and export challenges
Iraq and Nigeria lead reductions, maintaining OPEC's commitment to supply restraint
Markets
OPEC Secretary General predicts persistent global demand for oil in the coming decades
OPEC believes that the oil industry will need approximately $11.1 trillion by 2045
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