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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Dubai
MENA
GCC real estate market transactions surge over $383 billion in 2024, Dubai leads growth
Dubai's share of the GCC region's transactions reached 54 percent at $207 billion
Logistics
Dubai Taxi Company, Dubai Airports sign five-year strategic partnership to meet demand of growing influx of tourists
Trips from Dubai Airports may exceed 8 million by 2029, generating AED2.5 billion revenue
Economy
UAE, Italy ink 3 investment memoranda to facilitate cooperation in pharmaceuticals, minerals, data centers, AI
In 2023, Italian exports to the UAE were $7.22 billion; UAE exports to Italy were $1.57 billion
Banking & Finance
UAE: FTA registers intellectual property for ‘Muwafaq’ package
The package aims to boost innovation in taxes, enhancing SME empowerment and tax compliance
Miscellaneous
Dubai launches ‘Salama’ AI platform for quicker, easier visa renewals
This AI system supports UAE’s Vision 2071 and Dubai’s Digital Transformation for accessible, efficient services
Economy
New business success index identifies key factors for thriving in Saudi Arabia amid 33 percent expansion urgency
18 percent increase in international companies entering Saudi Arabia from outside MENAT
Economy
UAE to invest $40 billion in Italy across key sectors, over 40 new agreements signed
Non-oil trade between the two countries grew to $11.7 billion in 2023
Sustainability
Dubai Can reduces single-use plastic water bottle usage by 30 million in three years with Refill for Life
This initiative empowers Dubai residents and visitors to make eco-friendly choices and reduce carbon footprints
Logistics
flydubai reports record-high profit before tax of $674 million in 2024
flydubai carried 15.4 million passengers in 2024, up 11 percent compared to 2023
Miscellaneous
UAE reduces working hours for private sector during Ramadan 2025
Official working hours for ministries and federal ministries are 9:00 am to 2:30 pm Monday to Thursday, and 9:00 am to 12:00 pm Friday
Real Estate
SAAS Properties reveals SAAS Heights: A benchmark of luxury living on Al Reem Island
SAAS Heights on Al Reem Island offers 134 residences per tower, ensuring privacy and tranquillity
Economy
DIEZ boosts contributions to national economy as net profit surges 35.5 percent in 2024
In 2024, DIEZ saw a 9 percent annual growth in the number of registered companies operating within its economic zones
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