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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Banking & Finance
Information security spending in MENA to reach $3.3 billion in 2025, up 14 percent: Gartner
Spending on security services is expected to grow by a 16.6 percent in 2025
Economy
Egypt aims for $60 billion in foreign direct investment, $145 billion in exports
The country aims for 65 percent private sector contribution by 2030
Egypt
Egypt, France ink $7.68 billion agreement for green hydrogen facility
The agreement was signed during French President Emmanuel Macron's recent visit to Egypt
Energy
Middle East Energy 2025 in Dubai spotlights energy storage and battery technology
The event showcases over 1,600 exhibitors and pivotal discussions on energy storage solutions
Economy
Egypt, France sign strategic partnership agreements in key sectors
Agreements focus on transportation, health, and education
Banking & Finance
Egypt’s banking sector net foreign assets rise by $1.5 billion to $10.17 billion in February
Total foreign assets of the banking sector reached EGP3.653 trillion
Economy
Egyptian pound plummets to record low as dollar jumps 2 percent following Trump tariffs
The exchange rate closed at EGP51.19 to $1, up from EGP50.66
Economy
Egypt’s construction sector thriving despite PMI mild contraction in March
The Purchasing Managers' Index fell to 49.2 from 50.1 in February
Hospitality & Tourism
ATM 2025 sees 104 percent increase in registrations, 52 percent from international markets
UAE and GCC accounted for 48 percent of registrations
Logistics
Emirates enhances delivery with launch of Courier Express
The move aims to create a service that is fast, reliable, and flexible
Banking & Finance
EU approves $4.4 billion and $539.5 million loans for Egypt, Jordan
The Parliament approved macro-financial assistance to Egypt: 452 votes for, 182 against, 40 abstained
Hospitality & Tourism
Emirates expands retrofitted Boeing 777 service to eight new cities
Airline aims to serve 44 cities with its fleet of refurbished Boeing 777 and Airbus A380 aircraft by September 2025
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