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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economy
UAE and Kuwait enhance partnerships in AI, energy, transportation through strategic MoUs
Key sectors include oil and gas, social development, and infrastructure to support mutual goalsĀ
Logistics
Dubai Metro Blue Line unveiled: Major transit expansion to connect key city hubs by 2029
With 14 stations, the Blue Line will connect key areas like Dubai Creek and Festival City
Energy
Crude oil prices fall to $65.40 as OPEC+ output rises despite concerns over Canadian supply
OECD revised down its global growth forecast due to the impacts of trump's trade war
Markets
Dubai 24-carat gold price rises today by AED2.75, global rates gain amid U.S.-China trade jitters
OECD warned of sharper-than-expected economic slowdown impacting the U.S. economy significantly
Economy
Saudi Arabia’s non-oil private sector surges to 55.8 in May 2025 fueled by construction boom
New order volumes rebounded significantly, propelled by heightened demand and robust sales performance
Banking & Finance
Dubai Future District Fund reports $1.65 billion in capital commitments, supports over 190 startups
The Fundās strategic initiatives showcase its role in advancing technology and venture capital in Dubai
Hospitality & Tourism
Middle East tourism spending to hit $350 billion by 2030, says ATM report
The Middle Eastās rise as a global hub for business events is another key highlight of the report
Banking & Finance
Omanās Treasury Bills issuance reaches $131.3 million in week
The value of allotted Treasury bills reached OMR2 million for a maturity period of 91 daysĀ
Markets
GCC equities attract $1.87 billion in foreign investments, indicating market recovery: Report
The UAE attracted $764 million in foreign capital as global equity markets stabilize and recoverĀ
Banking & Finance
ADGM reports 33 percent AUM growth in Q1 2025 highlighting strong market confidence
Over 600 new businesses established in ADGM's expanded jurisdiction on Al Reem Island during the quarter
Economy
UAE and Fujairah governments launch zero bureaucracy program to revolutionize government services
Partnership aims to streamline services and improve the quality of life for citizensĀ
Markets
ADNOC Gas becomes largest addition to MSCI Index in 2025 boosting market capitalization
ADNOC Gas's inclusion follows a successful $2.8 billion share offering, expanding public share availabilityĀ
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