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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economics
Banking & Finance
UAE GDP growth expected to rise from 4.5 percent to 5.6 percent, outpacing IMF’s 3.2 percent forecast: Report
Growth rate of GCC region is expected to double from 2.1 percent to 4.2 percent in 2025
Banking & Finance
91 percent of SMEs in UAE optimistic about business outlook, 70 percent plan to seek credit to scale operations: Mastercard
This coincides with the growing prominence of digital payments and data-driven strategies
Economy
Qatar pledges $10 billion investment in India to boost economic ties
Both countries agreed to double bilateral trade from $14 billion to $28 billion in five years
Economy
Saudi Arabia’s labor regulations amendments take effect to enhance job stability, market efficiency
The amendments modify 38 articles, remove 7, and introduce 2 new articles to the regulations
Economy
Saudi Crown Prince meets Russian Direct Investment Fund Chief, discuss bilateral investment coordination
Riyadh hosted on Tuesday discussions between Russian and U.S. representatives
Markets
UAE gold prices surge AED2.25 amid global decline, Russia-Ukraine peace talk hopes
Spot gold dropped 0.2 percent to $2,928.52, while U.S. gold futures fell 0.1 percent
Economy
Oman’s GDP rose 1.9 percent in H1 2024, fueled by 3.6 percent non-oil growth: Central Bank
Despite global challenges, the Omani economy has demonstrated resilience in handling various economic shocks
Economy
UAE and Ukraine explore investment opportunities following CEPA signing, issue joint statement
CEPA aims to add about $369 million to UAE's GDP and $874 million to Ukraine's GDP
Economy
U.K. Minister pledges to strengthen ties with Saudi Arabia as bilateral trade hits $21 billion
Over 60 U.K. companies have regional headquarters in Saudi Arabia, employing around 30,000 British workers
Miscellaneous
WGS 2025: UAE extends Arab Government Excellence Award for another four years
This award promotes enhanced performance leadership in the public sector throughout the region
Economy
GASTAT: Saudi Arabia’s inflation rate hits 2.0 percent in January 2025
GASTAT highlighted that the Kingdom's inflation rate is considered the lowest among the G20 countries
Energy
Oil prices steady at $74.76 as Trump tariffs loom, Russia-Ukraine peace talks emerge
Crude Oil WTI Futures expiring in March were similarly muted at $70.69 a barrel
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