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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Energy
Oil prices drop as U.S. inventory data misses expectations, markets look for clarity on Chinese demand
Brent oil futures for January delivery decreased by 0.1 percent, settling at $72.23 per barrel
Interviews
Cityscape Global 2024: Interview with H.E. Majed bin Abdullah Al-Hogail on Saudi Arabia’s real estate transformation and expanding opportunities
Mega events and local tourism projects to help Saudi Arabia transition its economy into the next phase
Energy
Oil prices rise modestly but stay near two-week lows after OPEC’s demand growth downgrade
Brent futures had climbed by 17 cents, or 0.24 percent, reaching $72.06 a barrel
Miscellaneous
Flexible work hours, remote policies reduce morning peak travel times by 30 percent in Dubai
32 percent of private companies currently implement remote work policies
Logistics
UAE-Japan ties: Abu Dhabi Crown Prince explores stronger bilateral ties with governor of Tokyo
In September this year, the UAE and Japan launched talks to reach a Comprehensive Economic Partnership Agreement
Banking & Finance
Air Arabia reports $484.6 million in revenue, transports 5.1 million passengers in Q3 2024
The carrier posted $153.5 million in net profit during this period
Economy
Top 5 market highlights to monitor this week
Investors are focusing on upcoming inflation data for clues on how the economy may shift after the election results
Interviews
ORO24’s approach to purposeful real estate development
For this boutique company, real estate is about people, not just transactions
Energy
Oil prices steady as China’s stimulus disappoints, U.S. supply fears ease
Brent oil futures for January increased by 0.2 percent, reaching $71.95 a barrel
Economy
Abu Dhabi’s ascent continues as the ‘Falcon Economy’ soars
Expanding non-oil sectors and thriving financial landscape propel the UAE capital’s growth
Banking & Finance
The enduring appeal of physical payment cards in the UAE’s digital future
67 percent of country’s residents still carry two or more physical cards
Op-eds
Stablecoins: The future of payments or a looming threat?
In 2023, the global market capitalization of stablecoins exceeded $130 billion
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