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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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investment
Markets
Bitcoin market value tops $1 trillion with support from U.S. spot ETFs
Bitcoin's price peaks at $52,079 amid inflows to exchange-traded funds
Economy
113th Arab Economic & Social Council: UAE reiterates support for joint efforts to achieve sustainable economic development
H.E. Bin Touq highlights UAE’s keenness to strengthen Arab level cooperation in new economy sectors
Energy
TAQA net profit up 107 percent at $4.5 billion in 2023
Growth driven by strong demand for transmission and distribution services
Sustainability
WGS 2024: ALTÉRRA investment vehicle sets ambitious goal to mobilize $250 billion by 2030
UAE committed $30 billion to ALTÉRRA during COP28
Markets
Saudi Arabia closes February sukuk issuance at $2.09 billion
Issuance was divided into three tranches
Banking & Finance
WGS 2024: OPEC fund commits $27 billion to support 4,000 development projects in 125 countries
UAE played key role in supporting OFID's sustainable development initiatives
Banking & Finance
WGS 2024: UAE establishes investment and taxation cooperation agreements with Arab countries
UAE Ministry of Finance and World Bank renew advisory services agreement
Hospitality & Tourism
Red Sea Global secures $533 mn financing deal for luxury hotel on Shura Island
Investment bolsters Saudi Arabia's tourism sector, supports Vision 2030
Economy
Türkiye issues $3 billion 10-year eurobonds, sees strong demand
Capitalizing on investor confidence amidst significant changes in economic strategy
Economy
Dewa’s Q4 2023 profits surge 14.6 percent
Robust financial performance driven by increased demand and clean energy initiatives
Energy
Dragon Oil to drill first well in Turkmenistan’s Block 19 in December
Government-owned company expands investments in the oil sector
Economy
PIF Private Sector Forum strengthens economic vision through strategic partnerships
Event concludes with commitment to Saudization and private sector empowerment
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