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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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Energy
Oil prices climb to $69.92 amid losses; OPEC report and tariff risks in focus
Supply concerns in Russia boosted prices after Ukraine targeted a major oil refinery in Moscow
Miscellaneous
Blood Worm Moon: What to know and how to watch this week’s total lunar eclipse
Stargazers should check local astronomical resources for specific timing details based on their location
Miscellaneous
Elon Musk reports massive cyber attack on X
Musk asserted that the involvement of either a significant organized group or a nation, or possibly both, was likely
Markets
UAE gold prices fall AED1.75, global rates see uptick as dollar weakens, safe-haven demand rises
The dollar index neared a four-month low, making bullion cheaper for global buyers
Energy
Oil prices drop to $68.77, nearing three-year low on tariff fears
West Texas Intermediate crude futures fell by 0.8 percent to $65.15 a barrel
Banking & Finance
Expand North Star 2025 global promotional campaign kicks off in U.S.
As part of the campaign, a startup pitch competition featured 20 innovative companies
Energy
Oil prices fall to $70.10 on weak Chinese inflation, Trump tariffs
West Texas Intermediate crude futures saw a similar decline of 0.4 percent to $66.48 a barrel
Technology
Bitcoin sinks as Trump’s strategic reserve disappoints markets
Bitcoin dropped 6 percent after Trump's directive on Friday, lacking intentions for government Bitcoin purchases
Markets
UAE gold prices up AED0.75, global rates gain amid Trump tariff uncertainty
Trump signed orders expanding tariff exemptions for goods from Canada and Mexico this week
Energy
Oil prices fall to $69.60, near annual lows amid tariff concerns
Attention turns to February's nonfarm payrolls data for insights on the U.S. economy
Miscellaneous
SpaceX’s Starship explodes in space
Contact was lost minutes into the test flight as the spacecraft spiraled down and disintegrated
Hospitality & Tourism
Saudi Air Connectivity Program introduces direct flights from Stuttgart to Jeddah
This initiative aims to boost capacity for travelers from Europe and the United States to Saudi Arabia
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