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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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GCC
Banking & Finance
GCC countries drive foreign currency sukuk growth amid global issuance decline in H1 2025: S&P
Global sukuk issuance plummeted nearly 15 percent during this period
Real Estate
Saudi Arabia’s construction output hits $148 billion in 2024, forecasted to reach $191 billion by 2029
Vision 2030 drives $215.4 billion in construction contracts across the Kingdom
Economy
Oman’s real GDP expands 2.5 percent to $24.52 billion in Q1 2025
The growth is driven by a robust performance in non-oil sectors
Banking & Finance
EFG Hermes secures $190 million investment for Alameda Healthcare in landmark M&A deal
This transaction marks Egypt’s largest private equity healthcare investment to date
Bahrain
World Bank sees growth on the horizon in the GCC
The report highlights Oman’s fiscal consolidation as a noteworthy example despite it having one of the lowest projected growth rates in the region
Miscellaneous
U.S. Independence Day: History, traditions, key events, openings and closures, and more
In 2025, the U.S. celebrates 249 years of independence with nationwide parades and community events
Bahrain
Financial sector sees robust growth in Bahrain as 16 new institutions approved, 52 licenses in review
The unified regulatory model streamlines compliance and enhances oversight for licensed institutions
Industry
Saudi Arabia’s e-commerce sales hit $18.5 billion in Q1 2025, up 56 percent YoY
The number of transactions via Mada cards exceeded 370 million during the quarter
Bahrain
GCC-listed companies attract $4.2 billion in foreign inflows in Q2 2025, highest since Q4 2022
Saudi Arabia led June inflows with $971 million, followed by the UAE, Kuwait, and Qatar
Hospitality & Tourism
Travel and tourism industry to reach 30 billion tourist trips by 2034, adding $16 trillion to global GDP: WEF
India and China will be responsible for more than 25 percent of all outbound travel by 2030
Economy
Kuwait’s non-oil PMI sees record employment growth amid increasing new orders
The S&P Global PMI fell to 53.1, indicating solid improvement in Kuwait's non-oil sector
Real Estate
Dubai real estate hits $70.8 billion in H1 2025 with 46 percent growth in secondary sales: Report
Villa and townhouse sales transaction value increased by 55 percent, indicating strong family home demand
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