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Economy Middle East Summit 2025
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Economy
Eid al-Adha 2025: Key challenges businesses face during the celebrations
Businesses must address workforce management challenges during Eid to maintain operations
Saudi Arabia
stc group deploys AI-powered network to ensure seamless connectivity for Hajj pilgrims
The system positions Saudi as a global leader in digital readiness for large-scale events
Logistics
How Eid al-Adha 2025 shapes supply chain management practices
Eid al-Adha significantly influences supply chains, creating demand and logistical challenges for businesses
Miscellaneous
Eid al-Adha 2025 transforms consumer spending patterns with e-commerce, mobile shopping trends
Demand for gifts set to rise by over 150 percent, highlighting new consumer preferences
Economy
UAE, Egypt Presidents discuss strengthening fraternal ties, cooperation across key sectors
Leaders exchanged heartfelt wishes in advance of Eid al-Adha, praying for health and happinessĀ
Banking & Finance
Trump doubles tariffs on steel and aluminium to 50 percent
The move hikes import taxes for the second time since March, impacting various industries and consumersĀ
Economy
Egypt’s annual urban inflation climbs to 16.8 percent in May 2025, reports CAPMAS
Up from 13.9 percent in April
Banking & Finance
Armenia Stock Exchange joins ADXās Tabadul platform to enable cross-border trading
The platform enables seamless trading and settlement in local currencies
Economy
UAE and Kuwait enhance partnerships in AI, energy, transportation through strategic MoUs
Key sectors include oil and gas, social development, and infrastructure to support mutual goalsĀ
Logistics
Dubai Metro Blue Line unveiled: Major transit expansion to connect key city hubs by 2029
With 14 stations, the Blue Line will connect key areas like Dubai Creek and Festival City
Energy
Crude oil prices fall to $65.40 as OPEC+ output rises despite concerns over Canadian supply
OECD revised down its global growth forecast due to the impacts of trump's trade war
Markets
Dubai 24-carat gold price rises today by AED2.75, global rates gain amid U.S.-China trade jitters
OECD warned of sharper-than-expected economic slowdown impacting the U.S. economy significantly
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