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Economy Middle East Summit 2025
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Hospitality & Tourism
UAE approves design of first hybrid heliport for flying taxis, helicopters
The hybrid heliport will serve as a key launch point for the Abu Dhabi Air Taxi service, planned for rollout by 2026
Markets
Bitcoin jumps over 6 percent to $94,200 as investor confidence rebounds
Market reacted positively after Trump signaled easing trade tariffs
Economy
Oman, Russia ink 11 pacts including visa waiver agreement during Sultan’s Moscow visit
The visit marked the 40th anniversary of diplomatic relations established on September 26, 1985
Energy
Oil prices climb to $67.99 on declining U.S. crude stocks, trade optimism
U.S. crude oil inventories fell by about 4.6 million barrels last week, per API data
Markets
Dubai gold prices drop AED12, global rates fall to $3,340
Prices declined as Trump eased Fed threats and optimism for a trade deal increased
Energy
U.S. solar panel tariffs could reach 3,521 percent to combat Chinese subsidies
Decision follows nearly a year of anti-dumping investigations by U.S. solar manufacturers
Logistics
Abu Dhabi sees 81 percent rise in EVs with 10,013 registered
The emirate expanded public charging stations to 313 amid surging EV demand
Logistics
Top airport performances in Saudi Arabia for March 2025: GACA report
King Fahd Airport achieved 91 percent compliance in the latest rankings
Logistics
UAE launches new initiative to enhance EV charging experience for drivers
Initiative aims to cut over 100,000 tons of CO₂ by 2030, supporting a low-emission future
Energy
Oil prices climb to $66.77 as Trump pressures Fed, tariffs cloud outlook
Trump criticized Fed Chair Powell, warning the U.S. economy could slow without immediate rate cuts
Markets
Dubai gold prices up AED10.75, global rates near record high of $3,481
Amid Trump-Fed clash and trade tensions
Logistics
Tariff battles cause Boeing 737 MAX jets to turn back from China
The 737 MAX 8 landed in Guam on Monday after leaving Boeing's Zhoushan center
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