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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Banking & Finance
Kuwait Central Bank issues $792 million bond, tawarruq
CBK said that the issuance period is three months with a return rate of 4.125 percent
Markets
UAE gold prices stable at AED315.15 amid thin year-end trading, set for strong annual gains
22-carat gold stood at AED 292.25, 21-carat gold was priced at AED 283, while 18-carat gold was at AED 242.50
Energy
Oil prices rise to $74.51 following Chinese manufacturing data, but set for yearly decline
WTI futures for February delivery also saw a 0.7 percent increase, reaching $71.05 per barrel
Economy
How UAE is leading in industrial growth and economic diversification
The sector has boosted sustainable growth, competitiveness, and contribution to the nation's GDP
Industry
Qatar: Private sector exports hit $701.6 million in Q3 2024
This reflects a modest decline of 2.5 percent from QAR2.62 billion ($718 million) in Q2 2024
Economy
Qatar Tourism: Five million visitors welcomed in 2024
A 25 percent increase in international arrivals compared to 2023
Economy
UAE: Economic Content Creators Program explores engaging storytelling techniques in second week
Training sessions impart knowledge on simplifying complex data to create compelling narratives
Energy
Oil prices dip 6 cents with Brent at $74.11 as investors watch for China and U.S. data
U.S. West Texas Intermediate crude saw an 8-cent decline, bringing it to $70.52 a barrel
Logistics
Dubai Taxi Company launches 2025-2029 strategy to target untapped markets in UAE and beyond
The strategy entails expanding into limousine services and delivery while maintaining taxi market leadership
Banking & Finance
Dubai launches first-ever tax certification program in Arab world
This certification caters specifically to tax professionals employed by Dubai government entities
Energy
Oil prices steady at $73.22 and $69.19 amid holiday trading slowdown
Year-end profit-taking and portfolio rebalancing contributed to the lower trading volumes
Economy
Saudi Arabia’s non-oil exports rise by 12.7 percent in October
National non-oil exports, excluding re-exports, saw a rise of 5.1 percent
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