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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Markets
UAE gold prices up AED0.75, global rates gain amid Trump tariff uncertainty
Trump signed orders expanding tariff exemptions for goods from Canada and Mexico this week
Energy
Oil prices fall to $69.60, near annual lows amid tariff concerns
Attention turns to February's nonfarm payrolls data for insights on the U.S. economy
Economy
Türkiye lowers interest rate to 42.5 percent as inflation eases
The bank’s monetary policy committee decreased its headline lending rate by 250 basis points on March 6
Hospitality & Tourism
New Abu Dhabi Pass from DCT and Etihad Airways to include 10GB tourist SIM card
Etihad passengers will receive an email link to access the Abu Dhabi Pass for free
Logistics
DWTC-Informa reaffirms commitment to tripling Dubai’s MICE sector GDP by $14.7 billion by 2033
The move aims to attract investments and facilitate cross-border trade through its esteemed B2B Events platforms
Economy
Oman’s inflation rate averaged 1.4 percent between 2021 and 2024
The average GDP growth rate at constant prices was 3.9 percent from 2021 to 2023
Markets
UAE gold prices up AED0.25, global rates rise on dollar weakness
Investors await U.S. nonfarm payrolls data Friday to assess Fed's interest rate strategy
Energy
Oil prices rebound after dropping below $70 amid trade, supply concerns
Traders are concerned about U.S. tariffs and rising oil supplies from OPEC+ production increases
Economy
Egypt’s foreign reserves soar to $47.39 billion in February
Gold holdings in foreign currency reserves reached approximately $11.851 billion in February, up from $11.416 billion
Logistics
Saudi PIF inks $3 billion deal with Italian export credit agency
The parties will share expertise and consider SACE's $3 billion support for PIF-led projects
Economy
Who is Adrian Orr, New Zealand’s Central Bank governor who suddenly resigned?
Deputy Governor Christian Hawkesby will act as Governor until Orr's departure on March 31
Banking & Finance
CBUAE first Central Bank in region to sign Statement of Commitment to FX Global Code
This code promotes integrity, transparency, and fairness in the wholesale foreign exchange market practices
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