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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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economy
Markets
Dubai gold prices climb AED3.5, global rates rebound despite U.S.-China trade deal optimism
Trump expressed optimism that a trade deal with China could “substantially” reduce tariffs on Chinese goods
Economy
MENA region’s growth to rise moderately to 2.6 percent in 2025, says World Bank
In 2026, real GDP is projected to grow by 4.5 percent among GCC economies
Economy
IMF raises Egypt’s growth forecast to 3.8 percent for 2025, 4.3 percent next year
Adjustment improves upon January forecasts of 3.6 percent and 4.1 percent for the economy
Markets
Bitcoin jumps over 6 percent to $94,200 as investor confidence rebounds
Market reacted positively after Trump signaled easing trade tariffs
Economy
Saudi Arabia to achieve 3 percent growth in 2025, 3.7 percent in 2026: IMF
Down from 3.3 percent and 4.1 percent respectively
Economy
Oman, Russia ink 11 pacts including visa waiver agreement during Sultan’s Moscow visit
The visit marked the 40th anniversary of diplomatic relations established on September 26, 1985
Economy
IMF projects strong UAE economic growth forecast for 2026 at 5 percent
UAE economy is projected to surpass oil-exporting countries, growing 2.6 percent in 2025, 3.1 percent in 2026
Logistics
Business restructuring, tax and compliance: Free zone updates
The Executive Council Resolution No. (11) of 2025 allows for free zone companies to establish a branch in Dubai mainland
Energy
Oil prices climb to $67.99 on declining U.S. crude stocks, trade optimism
U.S. crude oil inventories fell by about 4.6 million barrels last week, per API data
Markets
Dubai gold prices drop AED12, global rates fall to $3,340
Prices declined as Trump eased Fed threats and optimism for a trade deal increased
Economy
Trump to visit Saudi Arabia, UAE and Qatar as White House confirms mid-May plans
Trump will address Ukraine and Gaza conflicts during his visit to Saudi Arabia, a key U.S. ally
Economy
IMF cuts global growth forecast to 2.8 percent as U.S. tariffs surge to century-high
The IMF lowered its U.S. growth estimate for this year to 1.8 percent and raised its U.S. inflation forecast
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