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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Banking & Finance
Saudi banks successfully navigate external debt growth amid market challenges: S&P
The rise in interbank liabilities accounted for 55 percent of Saudi banks' external debt increase
Bahrain
GCC countries contribute over 35 percent of all emerging-market U.S. dollar debt in Q1 2025, Fitch reports
Primary market dollar issuance shows promise despite recent quietness in the GCC region
Logistics
Dubai South: Business aviation movements grow 15 percent to 5,275 in Q1 2025
Strong Q1 growth builds on MBRAH's historic 17,891 private jet movements in 2024
Energy
Oil prices fall to $62.50 as trade war weighs on demand, supply concerns rise
Trump's tariffs have raised fears of a potential recession in the global economy this year
Markets
Dubai gold prices drop AED0.75, global rates steady ahead of key U.S. economic data
U.S. consumer confidence dipped to its lowest point in nearly five years amid tariff concerns
Banking & Finance
UAE MoHRE, ADIB launch instant digital wallet for corporate payments
Corporate customers can now make instant payments for MoHRE services through the new wallet
Real Estate
Dubai Land Department (DLD) hosts ‘Dubai Real Estate Connect’ event to boost investments from India
Initiative aligns with Dubai’s Real Estate Promotion Strategy to enhance international investment ties
Economy
Dubai Multi Commodities Centre (DMCC) welcomes 260 Indian companies as UAE-India trade aims to surpass $100 billion by 2030
This represents 7 percent growth with Indian companies approaching 4,000 members
Economy
Dubai International Financial Centre (DIFC) posts 35 percent growth with gross written premiums of $3.5 billion in 2024
Surge highlights the center's pivotal role in the insurance sector amid global challenges
Banking & Finance
New UAE stablecoin initiative to empower businesses with blockchain for seamless transactions
The stablecoin will be regulated by the Central Bank of the UAE, enhancing payment ease
Energy
Crude oil prices drop to $65.41 amid investor concerns surrounding U.S.-China trade relations
U.S. crude oil stockpiles likely rose by about 500,000 barrels in the recent week
Markets
Dubai gold prices up AED5, global rates hold above $3,300
Investors will watch key U.S. economic reports this week, including job openings and payroll data
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