Skip to main content Skip to footer ![Saudi solutions by stc to showcase AI excellence in Dubai’s GITEX exhibition](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/GITEX-solutions-by-stc.jpeg/w=1024,h=683)
These advanced AI applications will help sectors navigate digital transformation and engage in global markets
![Oil prices retreat amidst ongoing concerns over Middle East conflict, hurricane impact](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/03/Oil-prices-10.jpg/w=1024,h=683)
Brent crude futures for December delivery dropped 0.6 percent to $80.42 a barrel
![Egypt’s external debt falls by $15 billion in six-month period, says PM Madbouly](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Egypt-external-debt-1.jpg/w=1024,h=683)
Egypt's external debt stood at $168 billion in December 2023 and fell to $152.8 billion by last June
![Double-digit growth for air cargo continues: IATA](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Air-cargo-IATA.jpg/w=1024,h=682)
Overall demand, measured by CTKs, increased by 11.4 percent in August 2023, with international operations up 12.4 percent
![Qatar Central Bank issues T-bills worth $1.2 billion, bids reach $3.56 billion](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Qatar-Central-Bank-T-bills.jpeg/w=1024,h=682)
T-bills have maturities of 7 days, 28 days, 91 days, 182 days, 301 days, and 364 days
![$1.1 billion available for investment, funding requests from member countries: World Green Economy Organization](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Green-economy-investments-1.jpg/w=1024,h=682)
Funds are sourced from private sector investors and organizations eager to invest in green economy projects
![Dubai’s Parkin announces first interim dividend of $54.1 million](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Parkin-maiden-interim-dividend-1.jpg/w=1024,h=683)
Cash dividend will be paid to shareholders at the end of October
![DoH – Abu Dhabi, Ma’an raise over $4 million for Abu Dhabi health Research and Innovation Grant](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/DoH-Abu-Dhabi-Maan.jpg/w=1024,h=683)
This initiative supports DoH’s mission to transform the regional healthcare landscape through science and technology
![UAE, global gold prices rise on safe-haven demand as U.S. payrolls data in focus](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/06/Gold-prices-8.jpeg/w=1024,h=683)
The dollar fell 0.1 percent from a month-long high, making gold priced in dollars more affordable for foreign buyers
![Oil prices remain stable as investors assess Middle East tensions, global supply dynamics](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/04/Oil-prices-1-1-1.jpg/w=1024,h=683)
Brent crude futures fell by 8 cents, or 0.1 percent, settling at $77.54 a barrel
![Growth of low-emissions hydrogen projects outpaces policy support: Report](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/Hydrogen-projects-IEA-1.jpg/w=1024,h=683)
Urgent policies are needed to boost demand in heavy industry, refining, and long-distance transportation
![UAE’s DMCC, CV VC collaborate to enhance regional Web3 ecosystem growth](https://economymiddleeast.com/cdn-cgi/imagedelivery/Xfg_b7GtigYi5mxeAzkt9w/economymiddleeast.com/2024/10/DMCC-Web3-1.jpg/w=1024,h=682)
Both organizations will enhance their ecosystems through collaboration, including workshops, resource sharing, and joint events