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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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investment
Markets
Reddit shares surge by 48 percent on first day as a public company
Social media platform's stock market debut signals confidence in growth potential
Banking & Finance
Sharjah Islamic Bank provides $100 million Islamic finance facility for Türkiye Wealth Fund
Landmark Murabaha facility signals new era of UAE-Türkiye relations
Economy
Sheikh Hamdan approves $10.9 billion worth of projects for Dubai government under PPP model
The new PPP portfolio will cover 10 fundamental economic sectors in Dubai over a three-year period (2024-2026)
Markets
Parkin shares jump over 35 percent on first day of trading on Dubai stock market
IPO resulted in market capitalization of AED6.30 billion upon admission
Economy
Egypt to impose new $21 bn public investment ceiling to drive private sector growth
Egypt aims to reduce the debt-to-GDP ratio to less than 80 percent in three years
Sustainability
Abu Dhabi’s Masdar signs agreement to acquire 50 percent stake in U.S.-based Terra-Gen
Investment to accelerate Terra-Gen's growth trajectory in clean energy
Economy
UAE’s overseas investments surpass $2.5 trillion mark in early 2024
One such landmark deal is the historic $35 billion investment agreement with Egypt for the development of Ras Al Hekma
Banking & Finance
UAE’s Islamic banking assets reach new highs, exceed $190.6 billion in 2023
Islamic banks account for 17.3 percent of the UAE banking system's total assets
Economy
ADGM and Abu Dhabi Chamber forge agreement to support emirate’s business and investment landscape
Advancing sustainable development and economic diversification in Abu Dhabi
Banking & Finance
Saudi Arabia’s banks experience boost in profits with 3.1 percent increase in net interest margin
The operating income grew by 9.5 percent
Hospitality & Tourism
Saudi Arabia’s tourism sector attracts $13 billion in investments, eyes $85 billion in revenue
Kingdom positions itself as a premier travel destination with ambitious growth plans
Economy
EU commits $8 billion aid package to Egypt for migration management, trade expansion
Under the aid package, Egypt will receive a combination of grants and loans over the next three years
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