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Economy Middle East Summit 2025
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Economy
Abu Dhabi, Saudi Crown Princes discuss bilateral cooperation at GCC-U.S. Summit
Meeting highlighted strong bonds between UAE and Saudi Arabia
Economy
GCC-U.S. Summit: Saudi Crown Prince highlights $120 billion trade volume with U.S.
The Middle East is experiencing a historic transformation under Saudi leadership, said U.S. President Trump
Economy
GCC-U.S. Summit kicks off in Riyadh amid rising economic ties
Summit coincides with President Trump’s visit, focusing on economic, trade, and security issues
Economy
Qatari Amir arrives in Riyadh for GCC-U.S. Summit
The summit aims to enhance Gulf cooperation and deepen the strategic U.S. partnership
Banking & Finance
Abu Dhabi’s EMSTEEL delivers $599 million in revenue for Q1 2025
Profit before tax was $25.6 million, with net profit after tax amounting to $23.4 million
Saudi Arabia
HUMAIN, AWS unveil $5 billion AI Zone in Saudi Arabia to accelerate global AI leadership
The new AI Zone aligns with Saudi Arabia’s Vision 2030 and economic transformation goals
Economy
Trump celebrates historic ties with Saudi Arabia in Diriyah following $600 billion investment announcement
Saudi-U.S. relations deepened as Trump secured $600 billion investment commitment to the Kingdom
Economy
Abu Dhabi’s Crown Prince Sheikh Khaled arrives in Riyadh to attend GCC-U.S. Summit
Summit seeks to enhance security and economic cooperation
Energy
Crude oil prices dip to $66.24, near two-week highs amid U.S.-China tariff optimism
Expectations of a significant increase in U.S. oil inventories tempered optimism in the market for now
Markets
Dubai gold price today falls AED3.25 amid easing trade tensions
Positive developments in U.S. trade policy are diminishing the appeal of gold in the short-term
Economy
Saudi-U.S. Investment Forum: Aljadaan, Bessent discuss strengthening economic ties
Bilateral trade reached nearly $32 billion in 2024 and included prominent sectors such as machinery, vehicles and pharmaceuticals
Economy
Goldman Sachs cuts U.S. recession forecast to 35 percent, raises 2025 GDP growth to 1 percent
The revision follows a landmark agreement between the U.S. and China will lower tariffs for 90 days
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