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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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China
Markets
Global stock markets plunge as U.S. tariffs spark investor caution
S&P 500 futures decreased while traders processed updated tariff rates and awaited jobs report release
Energy
Crude oil prices rise above $71.8 amid new tariffs impacting Russian supply
Trump's new tariffs on U.S. trading partners are scheduled to take effect on August 1
Logistics
DAFZ and China’s Zhuanzhuan Group partner to build cross-border supply chain for secondhand goods
Zhuanzhuan will establish its regional headquarters in DAFZ, supporting an integrated supply chain
Logistics
China-Arab trade volume hits $407.4 billion in 2024, up 2.3 percent YoY
Energy imports from Arab nations account for 38 percent of China's needs
Economy
China-U.S. trade tensions could boost Chinese exports to Europe, reduce inflation: ECB
ECB estimates suggest that a 10 percent rise in Chinese imports would create an oversupply of 1.3 percent of total goods consumption
Logistics
UAE’s non-oil foreign trade achieves record 24 percent growth to $462.8 billion in H1 2025
Sheikh Mohammed emphasized the significance of these figures for the UAE's economic future
Hospitality & Tourism
Top markets driving business travel spending as global projections reach $1.57 trillion in 2025
Business travel spending is expected to reach $2.02 trillion by 2029, reflecting ongoing corporate demand
Markets
Stock market today: Fed’s meeting, tech earnings reports to shape investor sentiment
Major tech players Microsoft and Meta are set to report their earnings after the bell
Energy
Crude oil prices stabilize at $71.78 as investors react to Trump’s tariffs on Russia
Trump plans secondary tariffs of 100 percent unless Russia resolves its conflict within 10 days
Technology
China accelerates AI expansion with 71 unicorns and 5,100 AI companies
Country’s AI sector could add 0.2 to 0.3 percentage points to GDP growth, equating to $930 billion
Markets
Stock markets gain momentum as U.S. indices hit record highs amid mixed investor sentiment
S&P 500 and Nasdaq hit new heights as investors brace for key economic data
Energy
Crude oil prices climb above $69.2 as U.S.-China trade truce and EU deal support market
The U.S.-EU agreement imposed a 15 percent tariff, averting a major trade war impact
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