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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
ADNOC Group endorses $6.7 billion in dividend payments for 2024
Reinforcing commitment to shareholder value
Energy
Oil prices climb to $66.77 as Trump pressures Fed, tariffs cloud outlook
Trump criticized Fed Chair Powell, warning the U.S. economy could slow without immediate rate cuts
Markets
Dubai gold prices up AED10.75, global rates near record high of $3,481
Amid Trump-Fed clash and trade tensions
Banking & Finance
Dubai sees surge in new business launches in 2024, total hits 19,904 since 2002
Dubai SME facilitated the launch of 3,461 new Emirati businesses, 524 more than in 2023
Economy
UAE to engage in key economic talks at World Bank, IMF spring meetings
Meetings will focus on global economic priorities, fiscal policies, financial resilience, and international cooperation
Economy
UAE foreign trade hits $1.42 trillion in 2024, up from $952.9 billion in 2021: WTO
H.H. Sheikh Mohammed bin Rashid: UAE prioritizes openness and connectivity, becoming a vital global economic link
Technology
Dubai AI Week: Sheikh Hamdan emphasizes AI as core infrastructure for future-ready cities, services
Dubai AI Week set to kick off with AI Retreat and the start of Dubai Assembly for AI
Energy
Oil prices fall to $66.86 as tariff concerns, economic uncertainty grow
Markets remained nervous about aggressive U.S. tariffs and the ongoing trade war with China
Markets
Dubai gold prices rise AED4.5, global rates reach new record high of $3,384
Amid trade war concerns and weaker dollar
Economy
UAE and Chad Presidents discuss cooperation in trade, economy and investment
Collaboration aims to advance shared development and provide tangible benefits to both nations
Economy
UAE Ministry of Economy strengthens anti-money laundering efforts with new MoUs
Initiative strengthens partnerships and compliance systems while enhancing data exchange among all signatories
Hospitality & Tourism
Abu Dhabi targets $24.5 billion in tourism contribution to non-oil GDP by 2030
Sector aims to contribute $16.9 billion to the economy in 2025
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