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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economics
Economy
UAE, Chad discuss strategies for enhancing collaboration in the financial sector
The meeting included several senior Chadian officials, highlighting strong diplomatic ties between the nations
Logistics
Qatar and China boost air traffic efficiency with strategic cooperation agreement
Trade between the two countries surged from $10.6 billion in 2014 to $24.5 billion in 2023
Technology
Bitcoin surges past $118,000: What’s fueling the crypto market’s optimism?
Institutional investors are returning, viewing Bitcoin as a hedge against economic uncertainty
Banking & Finance
U.S. unveils 35 percent tariff on Canada amid plans for 15-20 percent blanket tariffs on other countries
Canada is the second-largest U.S. trading partner, purchasing $349.4 billion in goods last year
Economy
Central Bank of Egypt maintains interest rates as GDP growth projected at 4.8 percent
Annual headline inflation decreased to 15.3 percent during Q2 2025
Markets
Dubai 24-carat gold price today hits AED400.25 nearing weekly high as demand rises, new tariffs announced
Trump's new tariffs continue to drive safe-haven flows toward gold as investors seek stability
Energy
Crude oil prices rise to $68.74 amid OPEC+ output increases, escalating tariff concerns
OPEC+ agreed to increase production by 548,000 barrels per day in August, pressuring oil prices
Economy
Global economy faces $1.5 trillion loss due to delayed mega projects by 2030: Report
Middle East emerges as epicenter of global construction boom with surging megaprojects
Technology
Earth intelligence market to hit $20 billion by 2030 as private sector growth accelerates: Report
As private firms invest more, Earth intelligence will account for over 50 percent of total spending by 2030
Technology
Binance launches Sharia Earn as first multi-token staking service compliant with Islamic finance principles
The Islamic finance market exceeds $4 trillion, yet many Muslims are excluded from crypto
Markets
Saudi Arabia’s CMA approves key amendments to investment funds regulations to boost competitiveness, protect investor rights
Key amendments expand distribution categories, allowing electronic money institutions to distribute fund units
Energy
OPEC reduces 2025 oil demand forecast to 105 million bpd, projects 122.9 million bpd by 2050
The long-term projection reflects increasing energy needs in developing nations and anticipated investments.
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