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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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investment
Real Estate
Dubai real estate trends: Most popular areas to buy and rent property in Q3 2024
Dubai recorded an 11.19 percent increase in total sales transaction volume compared to Q2 2024
Banking & Finance
Central Bank of UAE enhances cross-border open finance interoperability through ‘Project Aperta’
The initial focus of Project Aperta will be on trade finance for SMEs
Banking & Finance
Sharjah Islamic Bank profit before tax up 29 percent to $270.1 million for nine months ending September
The bank is diversifying its financing portfolio, with total customer financing at AED36.6 billion
Economy
U.S.-UAE Business Council delegation visits Ras Al Khaimah to discuss growing trade, cooperation
Meeting explored ways to further strengthen cooperation and strategic partnerships across key sectors
Economy
Oman’s OQEP raises $2 billion in IPO
Global institutional support in the Category I offering exceeded OMR1.0 billion (excluding anchors)
Economy
ADNH Catering raises $235.2 million in IPO
ADNH Catering offered 900 million shares, or 40 percent of its capitalÂ
Economy
Sheikh Maktoum seeks stronger ties across key sectors at GCC-European Union Summit
In 2023, the EU became the second-largest trading partner of the GCC region, with total trade reaching €170 billion
Hospitality & Tourism
Nakheel awards $1.36 billion in contracts for luxury villa construction on Palm Jebel Ali
Luxury villas feature expansive built-up areas ranging from 8,000 to 15,000 square feet
Banking & Finance
ADQ, Bank Audi sign definitive agreement to acquire 96 percent of Odea Bank
This move would accelerate Odeabank’s growth and drive tech advancements in financial services
Sustainability
Masdar, Iberdrola complete wind turbine installation at Germany’s Baltic Eagle offshore wind farm
By 2026, Iberdrola's Baltic Hub will have a total capacity of more than 1.1 GW and trigger investments of around €3.7 billion
DP World secures 47,000 TEUs to enhance capacity and customer experience
This acquisition reflects its dedication to offering customers dependable and efficient equipment
Banking & Finance
Middle East sustainable bond issuances hit $16.7 billion in first nine months of 2024: S&P
Total volume of sustainable sukuk globally reached $7.1 billion in the first nine months of 2024, down 11 percent year-on-year
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