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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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economy
Banking & Finance
Saudi Arabia endorses 2025 annual borrowing plan with $37 billion funding target
This plan outlines key public debt developments for 2024, local market enhancements, and the 2025 funding strategy
Energy
Oil prices reach two month high with Brent at $76.63 and WTI at $73.36
Amid demand optimism and dollar strength
Miscellaneous
Abu Dhabi issues 99 licenses to empower non-profit organizations, support emirate’s social sector
This raises the total to 99 licenses by end of 2024
Banking & Finance
Oman forecasts $29 billion public revenue for 2025, 1.5 percent increase from 2024
Projections were informed by critical factors and data, based on an average oil barrel price of $60
Economy
Egypt’s economy to grow between 3.5 percent and 4.5 percent in 2025: Report
The IMF expects Egypt's economic growth to increase during 2025-2029 to around 5 percent
Bahrain
Bahrain Bourse launches comprehensive trading incentive scheme to boost market activity
An initiative designed to enhance participation and liquidity among market participants
Industry
Saudi Arabia trade balance surplus grows 30 percent to $5.5 billion in October 2024
This represents an increase of over $1.06 billion compared to September
Economy
UAE’s GDP expected to reach $462.8 billion for the first time: Sheikh Mohammed
Foreign trade to surpass $762.3 billion
Egypt
Egypt’s food exports surge to $5.5 billion in first 11 months of 2024
Surpassing the total exports for the entirety of 2023, which were recorded at $5.068 billion
Economy
Abu Dhabi’s Q3 2024 GDP expands 4.5 percent, marking record quarterly high of $82.2 billion
Non-oil sector grew 6.6 percent, showcasing the emirate's strong economic momentum
Markets
ADGM announces 50 percent fee reductions on commercial licenses for non-financial, retail businesses
The new decision took effect on January 1, 2025
Banking & Finance
Abu Dhabi’s Mubadala rises as leading global sovereign investor in 2024
Mubadala and its subsidiaries invested in 2024 $29.2 billion, up from $17.5 billion in 2023
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