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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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investment
Sustainability
UAE solar energy leadership accelerates tripling of clean contributions with over $54 billion investments
The country currently hosts three of the world's largest solar power plants, aiming for 14.2 gigawatts by 2030
Banking & Finance
Sustainability in UAE mega projects boosts bonds, sukuk issuances
UAE's issuance growth will stem from $35 billion Al Maktoum Airport and $8.2 billion drainage projects.
Banking & Finance
Kuwait projects $58.9 billion revenue in draft budget for 2025-26
Non-oil revenues are expected to increase by 9 percent to $9.4 billion, says finance minister
Logistics
Dubai International Chamber attracts 51 multinational companies in 2024, 55 percent growth achieved
The chamber participated in 127 global events in 78 cities across 50 countries
Real Estate
Abu Dhabi real estate transactions hit $2.89 billion in January
Sales transactions totaled AED6.5 billion across 1,730 deals last month
Banking & Finance
Dubai Chamber of Digital Economy supports 1210 startups in 2024, trains 1333 Emiratis in app development
21 events were held this year to support startups, nurture talent, and strengthen partnerships
Economy
UAE-Kuwait week to boost bilateral relations amid $86.3 billion trade growth
The event will be hosted at Jumeirah Emirates Towers in Dubai on February 3 to 4
Economy
Egypt and Iraq sign 12 MoUs to boost trade, investment
Agreements ecompass land transport for passengers and goods, promoting competition and addressing monopolistic practices
Markets
Dubai Financial Market posts 24 percent growth in 2024 with net profit (pre-tax) of $111.4 million
Market capitalization surged by 32 percent to $246.9 billion
Economy
Saudi Arabia’s real GDP sees 4.4 percent growth in Q4 2024, highest in two years
In 2024, Saudi Arabia’s economy rebounded, with real GDP increasing by 1.3 percent year-over-year
Banking & Finance
National Bank of Fujairah’s operating profit reaches all-time high of $441 million in 2024
The bank reported $231.44 million in net profit for the year
Economy
Sheikh Maktoum prioritizes financial sustainability to reinforce UAE’s global investment status
H.H.: "We remain committed to adopting the best global financial management practices"
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