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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Data
Economy
UAE to invest $1.4 trillion in U.S. economy over 10 years, says White House
Emirates Global Aluminum plans to invest in the first new aluminum smelter in the U.S. in 35 years
Technology
Sheikh Hamdan issues resolution forming data and statistics committee in Dubai
Committee will integrate the use, exchange and governance of data and statistics in Dubai
Technology
NVIDIA and xAI to join MGX, BlackRock and Microsoft’s $30 billion AI Infrastructure Partnership
Partnership will mobilize up to $100 billion in total investment potential when including debt financing
Real Estate
UAE real estate: Leading 2024 project awards with 45 percent share worth $40.6 billion
Dubai's residential sector saw 32 percent sales growth in 2024, reaching $99.9 billion, driven by investor interest
Energy
Oil prices climb to $71.32 amid Mideast tensions, China’s stimulus
West Texas Intermediate (WTI) crude futures also rose by 0.4 percent to $67.61 per barrel
Markets
UAE gold prices up AED3, global rates rise on tariff uncertainty
Trump's tariffs may fuel inflation, pushing safe-haven gold to a record high of $2,956.15
Energy
Oil prices steady after rising above $70; recession and oversupply fears linger
Crude prices rose from three-year lows, aided by improving sentiment and a weaker dollar
Bahrain
Bahrain: 23 opportunities through land investment platform announced
This expansion showcases greater utilization of government assets to boost economic growth and private partnerships
Energy
Oil prices climb to $69.92 amid losses; OPEC report and tariff risks in focus
Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow
Markets
UAE gold prices fall AED1.75, global rates see uptick as dollar weakens, safe-haven demand rises
The dollar index neared a four-month low, making bullion cheaper for global buyers
Energy
Oil prices fall to $70.10 on weak Chinese inflation, Trump tariffs
West Texas Intermediate crude futures saw a similar decline of 0.4 percent to $66.48 a barrel
Economy
Sheikh Khaled attends first Majlis Mohamed bin Zayed Ramadan session, titled ‘The Future of Finance in the Age of Intelligence’
The session examined the ways in which artificial intelligence is revolutionizing the banking landscape
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