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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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United States
Banking & Finance
China slashes interest rates, injects $138 billion liquidity to counter U.S. trade tensions
U.S. and Chinese officials prepare for crucial talks in Switzerland to ease trade tensions
Markets
Stock market today: Indian shares flat, Asian shares rally as U.S., China gear up for trade talks
As the U.S. stock market dipped, the dollar index was trading 0.14 percent higher at 99.37
Industry
Saudi Arabia, U.S. to sign landmark mining pact advancing Vision 2030
HRH Saudi Crown Prince Mohammed bin Salman chaired a Cabinet session highlighting this crucial partnership initiative
Energy
Crude oil prices climb to $62.73 as market focuses on U.S.-China trade talks
Crude stocks fell by 4.5 million barrels recently, with analysts expecting further declines in inventories
Markets
Dubai 24-carat gold prices up AED2.25; global rates retreat amid U.S.-China trade optimism
Spot gold declined by 1.2 percent to $3,388.67 an ounce after a strong previous session.
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
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