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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Search Economy Middle East
United States
Economy
Trump’s tariffs propel U.S. trade deficit to record high $140.5 billion in March
Imports rose 4.4 percent to an all-time high of $419.0 billion in March
Real Estate
Dubai Land Department seeks real estate FDI boost at APEX in Miami
The department will promote Dubai’s real estate sector as a premier global investment destination
Energy
Crude oil prices rebound to $61.20 as price drop sparks buying; oversupply concerns persist
Brent crude futures reached $61.20, while U.S. West Texas Intermediate settled at $58.05 a barrel
Markets
Dubai 24-carat gold prices up AED8; global rates surpass $3,360 amid safe-haven demand
Market analysts predict that any dovish signals from the Fed could further support gold prices
Economy
Fed to refrain from cutting interest rates as economic growth slows, tariffs dampen outlook
The Fed has held its policy rate in the 4.25-4.50 percent range since December
Miscellaneous
Trump introduces 100 percent tariff on foreign films: “We want movies made in America again”
Uncertainty remains on how tariffs will affect streaming services and box office revenues
Economy
Warren Buffett to step down as CEO of Berkshire Hathaway – Who will lead next?
Buffett’s announcement was met with applause from 40,000 shareholders during the annual meeting
Energy
Oil prices drop over $2 as OPEC+ agrees to increase production by 411,000 barrels
Barclays lowered its Brent forecast by $4 to $66 a barrel due to OPEC+ decisions
Markets
Dubai’s 24-carat gold prices up AED3.50; global rates rise on weaker dollar
Traders expect 80 basis points of rate cuts this year after strong job growth reported in April
Banking & Finance
Visa introduces AI shopping agents powered by OpenAI, Microsoft
Visa CEO emphasized the need for secure AI-enabled payments in evolving commerce landscape
Markets
Bitcoin surges above $96,880 as market shows signs of recovery, investor confidence grows
Increased trading volumes signal renewed bullish sentiment among both retail and institutional investors.
Telecom
e& Wholesale Americas launches in Miami to boost connectivity, drive digital innovation and market access
The Miami office enhances C&WS’s global footprint, serving as a gateway to dynamic markets
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