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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economy
IMF lauds Central Bank of Oman for strong governance practices
IMF's report emphasizes monetary policy transparency and effective communication with stakeholders
Energy
Crude oil prices dip yet stay above $66.75 as OPEC+ plans production increase
OPEC+ plans to increase oil production by 411,000 barrels per day starting in July
Markets
Dubai 24-carat gold price today drops to AED398.5 amid U.S.-China trade uncertainty
U.S. and Chinese officials agreed on a framework for their trade truce but uncertainty lingers
Industry
Saudi Arabia sees 3.1 percent increase in industrial production index for April 2025
Mining and quarrying sub-index grew by 0.2 percent while manufacturing surged by 7.4 percent
Banking & Finance
Qatar’s Islamic finance assets grow 4.1 percent YoY to $187.6 billion in 2024
Islamic banks accounted for 87.4 percent of total Islamic finance assets
Economy
ADGM FSRA implements amendments to digital asset regulatory framework
This implementation follows extensive industry engagement and feedback on Consultation Paper No. 11 of 2024
Banking & Finance
Syria to boost foreign direct investment by resuming SWIFT services soon
Resuming SWIFT operations is expected to reduce informal trade channels in Syria’s economy
Energy
Crude oil prices climb above $67.2 as U.S.-China trade talks show promise
U.S. President Trump reported positive updates from London, enhancing hopes for a trade deal
Markets
Dubai 24-carat gold price today declines amid ongoing U.S.-China trade negotiations
High-level U.S.-China trade talks covering tariffs and rare earth restrictions are extending into a second day
Markets
Bitcoin price today holds above $107,000 as investors watch for U.S.-China trade talks
The cryptocurrency has stayed within a narrow range amid uncertainty over global economic policy
Saudi Arabia
Saudi Arabia’s LEAP tech event expands to Asia with LEAP East 2026 in Hong Kong
The collaboration is expected to deliver a substantial boost to business tourism and generate strong economic impact
Energy
Crude oil prices steady above $66.4 as market eyes U.S.-China trade discussions
China is set to release key economic data amidst worries about domestic demand strength
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