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Economy Middle East Summit
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Economics
Markets
Oil prices stabilize as traders await OPEC meeting, Fed cues
Brent crude oil futures for August delivery rose 0.2 percent to $79.77 per barrel
Economy
The rise of the digital economy: Banks as architects of GCC’s financial future
Open banking and digital payments among technologies that drive transformation in the finance industry
MENA
Green finance is funding sustainable progress in MENA
Sale of green social, sustainable, and sustainability-linked bonds hit $24 billion in 2023
Interviews
Fintech’s future is in the palm of users’ hands — literally
How Astra Tech’s Palm Pay is revolutionizing contactless payment
Logistics
How China’s economic rise is strengthening the logistics transformation of the Middle East
Saudi Arabia and UAE are the Asian giant’s valuable trading partners
Economy
UAE’s non-oil private sector resilient in May, PMI holds steady at 55.4: Report
Firms in the UAE experienced a record increase in outstanding business levels in May, the report highlighted
Energy
OPEC oil output rises in May, reaching 26.63 million barrels per day
This represents an increase of 145,000 bpd from April
Logistics
Oman’s foreign trade exchange surges 12.8 percent in Q1 2024, transactions reach $26.7 billion
Oman's trade balance rose 35 percent to $6.75 billion in the same quarter
Markets
Oil prices climb amid optimism for rate cuts, despite inventory build and demand concerns
Brent crude futures for August delivery rose 0.5 percent to $78.80 per barrel
Economy
Oman sovereign wealth fund’s assets reach $49.9 billion in 2023, up 7.4 percent YoY
The return on investment for 2023 stood at 9.95 percent
Economy
Arab economies projected to grow by 3.3 percent in 2024 as inflation declines: Report
The inflation rate in its 22 member states is expected to decline to 3.3 percent this year, compared to 9.3 percent in 2023
Economy
Qatar’s non-oil private sector posts robust growth with 53.6 PMI in May
Output and new orders increased at the fastest rates since Q3 2023
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