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Economy Middle East Summit 2025
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Markets
Dubai 24-carat gold price climbs today AED2.5, global rates hit weekly highs as dollar dips
Spot gold rose by 0.2 percent, now above $3,303 an ounce, its highest level since May
Logistics
DP World commits $2.5 billion to global port expansion across India, Africa, South America, and Europe
DP World's strategy focuses on creating a connected global platform for diverse logistics and servicesĀ
Logistics
Make it in the Emirates: Abu Dhabi set for first eVTOL air taxi trials with Archer Aviation by end of 2025
A framework agreement with Abu Dhabi Investment Office will explore local eVTOL manufacturing opportunitiesĀ
Economy
China cuts benchmark lending rates for first time since October to stimulate economy
The Central Bank lowered one-year loan prime rate to 3.0 percent amid economic challengesĀ
Energy
Crude oil prices hold above $65.4 amid strong Asian demand, U.S. economic uncertainties
Moody's downgrade of U.S. credit rating raises concerns about economic outlook and oil prices
Markets
Dubai 24-carat gold price today falls AED2.75 amid dollar strength
Spot gold down 0.4 percent at $3,215.31, reflecting market reactions to geopolitical news.
United Arab Emirates
Ras Al Khaimah, Miami ink agreement to boost cooperation across key sectors
MoU aims to strengthen cooperation in city planning, public security, and business promotionĀ
Energy
Crude oil prices hold steady at $65.36 amid trade tensions, economic data from China
Both contracts saw a rise of over 1 percent after the U.S. and China paused tariffs
Markets
Dubai 24-carat gold price today rises as soft dollar boosts safe-haven demand
Spot gold rose 0.7 percent to $3,223.55 an ounce amid global market fluctuations
Energy
$60 billion in U.S. investments secured by ADNOC during UAE-U.S. business dialogue
UAE energy investments in the U.S. expected to reach $440 billion by 2035 as part of strategy
Economy
U.S. economy forecast raised to 0.5 percent this year, 1.6 percent in 2026: Barclays
The bank noted that the U.S. eonomy showed resilience as recession fears subsided
Technology
UAE, U.S. ink landmark agreement for advanced AI semiconductor purchases
The agreement will generate significant business and boost the UAE's AI ambitions
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