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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Middle East
Markets
Majority of Middle East IPOs experience positive aftermarket gains in 2024: Report
Notable market gains included MBC Group Co and Avalon Pharma
Economy
29 percent of Middle East CEOs report leadership attraction, development and retention as their biggest challenge: Survey
22 percent see leadership succession and turnover as their chief concern
Energy
ADNOC Drilling lands $1.7 billion deal to tap UAE’s world-class unconventional energy reserves
Under the contract, Turnwell will be responsible for delivering 144 unconventional oil and gas wells
Markets
Market cap of Arab stock exchanges exceeds $4.361 trillion in April: AMF
Market value of the Abu Dhabi Securities Exchange reached $754.7 billion in April
Logistics
Key trends impacting the development of airports in the Middle East
Air travel growth in Saudi Arabia is anticipated to remain significant
Markets
UAE gold prices down, global rates decline ahead of U.S. inflation data
U.S. employment data supported gold prices, which rose over 2 percent by the end of last week
Markets
Oil prices inch lower on concerns about Chinese imports, U.S. inflation
Brent oil futures expiring in July fell 0.3 percent to $83.53 per barrel
Markets
10 MENA IPOs raise $1.2 billion in Q1 2024: Report
UAE's Parkin raised the highest proceeds, contributing 37.2 percent to total proceeds of MENA IPOs
Markets
Oil prices rise on strong Chinese demand, weakening U.S. labor market
Brent oil futures, expiring in July, advanced by 0.5 percent to reach $84.33 per barrel
Markets
Deflating geopolitical risk premium, hedge fund selling pushes oil to near two-month low: Report
Brent crude should return to the $90 per barrel mark as demand exceeds historic levels this year
Markets
Oil prices rise on mixed Chinese trade data, Middle East tensions
Brent oil futures, set to expire in July, saw a 0.4 percent rise to reach $83.93 per barrel
Markets
Oil prices slide as U.S. inventories surge, demand weakens
Brent crude oil futures dropped by 30 cents or 0.36 percent, settling at $82.86 per barrel
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