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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Energy
Oil prices steady as China’s stimulus disappoints, U.S. supply fears ease
Brent oil futures for January increased by 0.2 percent, reaching $71.95 a barrel
Economy
Abu Dhabi’s ascent continues as the ‘Falcon Economy’ soars
Expanding non-oil sectors and thriving financial landscape propel the UAE capital’s growth
Banking & Finance
The enduring appeal of physical payment cards in the UAE’s digital future
67 percent of country’s residents still carry two or more physical cards
Op-eds
Stablecoins: The future of payments or a looming threat?
In 2023, the global market capitalization of stablecoins exceeded $130 billion
Banking & Finance
aiBANK is now Bank NXT: What lies ahead for EFG Holding’s commercial banking unit?
Rebranding reflects bank’s dedication to advancing banking standards and delivering value to clients, stakeholders and communities
Interviews
Almal Real Estate Development elevates UAE’s property market with luxury developments
Company’s projects include Harrisoni La Mer and The Unexpected Al Marjan Island Hotel and Residences
Interviews
Dubai’s real estate is on a winning streak
Companies like DAMAC leverage this boom with the launch of new projects
Interviews
ADREC: Championing transformation of Abu Dhabi’s real estate sector
Outlines strategies and steps for innovation and future growth
Interviews
Binghatti’s AED40 billion portfolio boasts lifestyle-centric projects
Keen on carving its own niche in Dubai’s highly competitive real estate market
Banking & Finance
DIFC successfully repays $700 million sukuk on schedule
The Sukuk was issued to fund the Centre’s expansion, including Gate Avenue
Energy
Oil prices decline as China’s stimulus underwhelms, Hurricane Rafael’s on U.S. production remains minimal
Brent oil futures for January dropped 0.2 percent to $73.72 per barrel
Banking & Finance
Dubai’s Spinneys announces record $626.2 million revenue for nine months, pre-tax profit climbs to $55.3 million
Adjusted EBITDA up 8.8 percent YoY with an industry-leading EBITDA margin of 18.3 percent
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