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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Energy
ENOC Group achieves major sustainability, retail, and talent development goals in 2024
ENOC Group employs a multinational workforce of over 12,500 employees
Markets
Dubai gold prices drop AED0.75, global rates steady ahead of key U.S. economic data
U.S. consumer confidence dipped to its lowest point in nearly five years amid tariff concerns
Hospitality & Tourism
Upcoming mega projects in Dubai 2025
Projects will boost tourism and real estate, improving lifestyles for residents and visitors alike
Logistics
Saudi Arabia launches Future Mobility Sandbox initiative to advance autonomous transport solutions
Region’s first integrated testbed for various modes of transport reinforce Saudi Arabia’s position as a global hub for innovation
Energy
Crude oil prices drop to $65.41 amid investor concerns surrounding U.S.-China trade relations
U.S. crude oil stockpiles likely rose by about 500,000 barrels in the recent week
Markets
Dubai gold prices up AED5, global rates hold above $3,300
Investors will watch key U.S. economic reports this week, including job openings and payroll data
Logistics
New Dubai-Sharjah intercity bus route to launch on May 2, says RTA
The fare for a one-way journey is set at AED12
Hospitality & Tourism
Emirates-flydubai alliance hits new high: 5 million passengers on combined network in the past year
Strong demand for Emirates and flydubai drives 36 percent growth in joint passenger traffic
Logistics
RTA, Etihad Rail unveil signal-controlled flyover to boost traffic flow and rail connectivity
Designed to facilitate movement to Dubai Investment Park, the flyover features three lanes for vehicles
Energy
Crude oil prices climb above $67 on U.S.-China trade uncertainty, OPEC+ output hike bets
U.S. WTI crude gained 41 cents, reaching $63.43
Markets
Dubai gold prices fall AED2.5, global rates hit $3,289 amid easing U.S.-China trade tensions
The dollar rose 0.2 percent, making gold bullion pricier for international buyers
Logistics
China eases tariffs on selected U.S. goods to mitigate economic strain
Exemptions follow conciliatory statements from Washington amid rising fears of global recession
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