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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Dubai
Real Estate
Nakheel and Meydan to merge under Dubai Holding, announces Sheikh Mohammed
The board of directors of both Nakheel and Meydan will be abolished
Sustainability
Dubai Can saves 18 million bottles in 2 years in fight against single-use plastics
Dubai installed 50 water fountains, plans 30 more by year's end
Hospitality & Tourism
Dubai sees 21 percent jump in international tourists at 1.77 million for January 2024
Western Europe leads source markets as Dubai continues to attract global tourists
Logistics
DP World revenue up 6.6 percent at $18.25 billion for 2023
In terms of cash flow, DP World generated $4.579 billion from its operating activities in 2023
Miscellaneous
DWTC achieves remarkable growth in 2023, welcomes 2.47 million visitors
Unprecedented growth cements Dubai's position as a global hub for business and trade
Markets
Gold dips as dollar strengthens, traders await additional U.S. data
Copper prices cooled down after reaching 11-month highs
Markets
Parkin IPO oversubscribed 165 times, demand soars to $71 billion
Parkin will commence trading on the DFM on March 21, 2024
Hospitality & Tourism
ATM 2024: Sustainability, startups and innovation in aviation sector on the agenda
ATM 2024 will take place from May 6 to 9 at the Dubai World Trade Center
Economy
Dubai gets Unified Digital Platform for establishing companies
The new platform seeks to enhance electronic integration between licensing departments and other key entities to avoid duplication of procedures
Markets
DFM sets new record in 2023, crosses 4,000 points for first time in 8 years
The DFM General Index ranked 5th globally in 2023
Sustainability
DEWA reduces carbon emissions by 92.5 million tonnes from 2006 to 2023
Innovative technologies and strategic upgrades bolster commitment to clean energy
Markets
Parkin’s IPO: Company increases retail share offering in response to high demand
The overall size of the public float remains unchanged at 749.7 million shares
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