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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Markets
Dubai Gold and Commodities Exchange joins Arab Federation of Capital Markets committee
By joining the committee, DGCX aims to boost trading volumes and improve market liquidity
Economy
AI job disruption and trade tensions raise global economic uncertainty, WEF warns
WEF’s economic outlook revealed 47 percent of economists anticipate job losses due to AI transformation
Banking & Finance
Oman public revenues reach $6.85 billion by end of Q1 2025
Net oil revenue totaled OMR1,468 million at the end of Q1 2025, marking a 13 percent drop
Economy
Ras Al Khaimah’s GDP to hit 4.3 percent in 2027-2028 on strong tourism, real estate: S&P
The emirate's economic growth will weaken modestly to average 3.3 percent in 2025-2026
Economy
UAE President, Lebanese PM discuss bilateral relations, explore new avenues for cooperation
The meeting at Qasr Al Bahr addresses regional stability and security for the benefit of both nations
Markets
Crude oil prices rise above $63.85 amid supply risks from Venezuela, OPEC+ expectations
Investors weigh supply risks after U.S. bars Chevron from exporting Venezuelan crude oil under new authorization
Markets
Dubai 24-carat gold price today rises AED1.5 as market awaits key economic data
Spot gold was up 0.3 percent at $3,308.99 an ounce as of 0237 GMT, recovering slightly
Logistics
GCC, Malaysia to strengthen trade relations through new agreement
The signing marks the start of negotiations covering various sectors of mutual interest
Energy
Crude oil prices edge down to $63.85 as OPEC+ meeting approaches
Market anticipates OPEC+ decision on increased crude oil output, affecting global prices
Markets
Dubai’s 24-carat gold price today drops above AED394, global rates near two-week high
Weaker dollar boosts gold's appeal, with concerns over U.S. budget deficit supporting prices
Miscellaneous
Schneider Electric launches $27.2 million education initiative in Dubai to empower next-gen talent
The NEST serves as a center for collaboration and advancement in Dubai’s sustainable economy
Banking & Finance
Ajman Department of Finance and Ajman Bank sign strategic deal to boost digital financial integration
The department aims to position Ajman as a leading hub for digital finance in the region
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