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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economy
Why are high net worth individuals moving to Dubai and Abu Dhabi?
Dubai, Abu Dhabi, Singapore, Zurich and Auckland make up the top five preferred locations for individuals looking to relocate
Saudi Arabia
IMF recognizes Saudi Arabia’s leadership in data centers, commends personal data protection law
IMF praised Kingdom for establishing SDAIA and launching the National Strategy for Data and AI
Saudi Arabia
Rapid expansion of Saudi space economy to reach $31.6 billion by 2035: Report
The Kingdom’s space market is anticipated to reach $5.6 billion by 2035
Energy
Oil prices drop to $64.47 as U.S.-China trade war affects global growth outlook
Goldman Sachs expected oil prices to decline through 2026
Markets
Dubai gold prices up AED3.25, global rates retreat post tariff exemptions
Goldman Sachs hiked 2025 gold price target to $3,700/oz
Hospitality & Tourism
Saudi Arabia sees 89 percent growth in tourist hospitality facilities in 2024
Makkah leads Saudi tourism surge with 1,030 new hospitality licenses
Economy
U.S. inflation slows sharply in March marking first monthly drop since May 2020
Prices fell by 0.1 percent compared to the previous month
Logistics
Sheikh Hamdan inaugurates DP World’s Nhava Sheva Business Park in India
His Highness: The UAE and India share a long-standing and deep-rooted economic partnership
Banking & Finance
Mashreq Bank partners with Goldman Sachs Asset Management for discretionary services
New partnership will allow Mashreq to provide discretionary services, enhancing its wealth management offerings
Economy
China consumer prices continue downward trend decline amid intensifying trade war
Country faces economic challenges as consumer prices fall for second month
Real Estate
Abu Dhabi real estate: Top luxury properties in Q1 2025
Yas Island leads in luxury apartment sales, with an average price of AED1.87 million
Economy
UAE, Indonesia forge new agreements in economy, investment and renewable energy
Agreements established cooperation in security, Islamic affairs, and other areas for a holistic partnership
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