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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economics
Economy
How Saudi Arabia accelerated Vision 2030 in 2025: Major projects, global forums, and FIFA World Cup 2034 hosting win
The Kingdom is diversifying its economy with strategic investments in tourism, entertainment, and technology sectors
Economy
Abu Dhabi’s Sheikh Khaled to lead UAE delegation at Supreme Eurasian Economic Council meeting
UAE’s participation underscores growing diplomatic and economic ties with the Eurasian region
Economy
U.S. economy faces stagflation, recession risks as JPMorgan lowers growth projections for 2025
Rising tariffs are dampening global economic momentum and reigniting domestic inflationary pressures
Technology
AI to contribute 20 percent to UAE’s GDP by 2031 with market growing to $46.3 billion
In 2023, the UAE’s AI market was valued at approximately $3.5 billion
Logistics
Saudi Arabia’s trade surplus hits $3.8 billion in April 2025, with China as top export destination
Exports totaled $24.1 billion, showcasing resilience in the trade sector
Economy
U.S. current account deficit hits record high as foreign direct investment plummets to $52.8 billion in Q1 2025
The decrease coincided with heightened business uncertainty over President Trump's tariff proposals and policies.
Bahrain
How fiscal policy, increased public spending are shaping GCC economic resilience in 2025
Total public spending in GCC countries is projected to reach $542.1 billion in 2025
Banking & Finance
Saudi Arabia closes June 2025 issuance of sukuk program at $627.8 million
The sukuk issuance was divided into five tranches, each with different maturities and sizes
Economy
UAE Central Bank boosts gold reserves by 19.3 percent to $7.46 billion in Q1 2025
Demand deposit balances surpassed AED1.147 trillion, up from AED1.109 trillion in December 2024
Energy
Crude oil prices surge over 1 percent to above $67 amid Middle East stability
Concerns rise over the Strait of Hormuz, through which nearly a fifth of global oil flows
Markets
Dubai 24-carat gold price today rises to AED403.5 as dollar weakens, global prices up 0.2 percent
Spot gold was up 0.2 percent at $3,328.89 per ounce after recent lows
Economy
Non-oil activities in Saudi Arabia surge by 5.3 percent in 2024, reports GASTAT
Non-oil growth indicates positive trends across various economic sectors in Saudi Arabia for 2024
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