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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Economy
Egypt annual urban consumer price inflation rises to 13.6 percent in March
Country aims for $60 billion in foreign direct investment, $145 billion in exports
Logistics
EU approves first wave of countermeasures against U.S. tariffs
The European Union will target a range of U.S. imports starting next Tuesday in response to the U.S. tariffs on metals
Banking & Finance
Business travel in MENA set to soar to $270.8 billion by 2030: Report
Business travel in the MENA region rose by 50 percent in Q1 2025 compared to Q1 2024
Saudi Arabia
Saudi Arabia achieves top global ranking in empowering women in AI sector: Report
The Kingdom ranked third in AI job growth for 2024 and fourth in leading AI models
Economy
UAE strengthens trade with Congo, offers 99.5 percent tariff exemptions: Al Zeyoudi
Congo’s key sectors set to thrive under the new Comprehensive Economic Partnership Agreement
Health
Trump says U.S. will announce “major” tariff on pharmaceutical imports
Trump noted that these tariffs will incentivize drug companies to move their operations to the U.S.
Banking & Finance
Egypt secures nine development agreements worth $290.2 million with France, EU
These deals will support priority projects in water treatment, sanitation, electricity, and rail transport sectors
Economy
Egypt aims for $60 billion in foreign direct investment, $145 billion in exports
The country aims for 65 percent private sector contribution by 2030
Egypt
Egypt, France ink $7.68 billion agreement for green hydrogen facility
The agreement was signed during French President Emmanuel Macron's recent visit to Egypt
Logistics
EU proposes tariff removal, Trump demands $350 billion in U.S. energy purchases
“Europe is always ready for a good deal,” says Commission President Ursula von der Leyen
Energy
Oil prices rebound 1 percent to $64.93 after sharp tariff-driven declines
Markets worry Trump's tariffs will hinder global economic growth and negatively impact oil demand
Economy
Sheikh Hamdan to visit India, hold high-level talks
Sheikh Hamdan will meet senior officials in New Delhi to enhance bilateral partnerships during his visit
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