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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economics
Energy
Oil prices rise to $65 on U.S. tariff exemptions, China crude demand
Trump is considering changes to the 25 percent tariffs on foreign auto imports from various regions
Markets
Dubai gold prices up AED0.5, global rates firm amid U.S. tariff uncertainty
In Dubai, gold rates achieved remarkable gains, with 24-carat gold rising by AED0.5 to AED389
Features
Hospitality and tourism in the Middle East: Unstoppable moving forward
The region recorded the strongest relative increase in international arrivals in 2023, with visitor numbers reaching 83 percent of pre-pandemic levels
Saudi Arabia
Rapid expansion of Saudi space economy to reach $31.6 billion by 2035: Report
The Kingdom’s space market is anticipated to reach $5.6 billion by 2035
Energy
Oil prices drop to $64.47 as U.S.-China trade war affects global growth outlook
Goldman Sachs expected oil prices to decline through 2026
Markets
Dubai gold prices up AED3.25, global rates retreat post tariff exemptions
Goldman Sachs hiked 2025 gold price target to $3,700/oz
Hospitality & Tourism
Saudi Arabia sees 89 percent growth in tourist hospitality facilities in 2024
Makkah leads Saudi tourism surge with 1,030 new hospitality licenses
Economy
U.S. inflation slows sharply in March marking first monthly drop since May 2020
Prices fell by 0.1 percent compared to the previous month
Logistics
Sheikh Hamdan inaugurates DP World’s Nhava Sheva Business Park in India
His Highness: The UAE and India share a long-standing and deep-rooted economic partnership
Banking & Finance
Mashreq Bank partners with Goldman Sachs Asset Management for discretionary services
New partnership will allow Mashreq to provide discretionary services, enhancing its wealth management offerings
Economy
China consumer prices continue downward trend decline amid intensifying trade war
Country faces economic challenges as consumer prices fall for second month
Economy
UAE, Indonesia forge new agreements in economy, investment and renewable energy
Agreements established cooperation in security, Islamic affairs, and other areas for a holistic partnership
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