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Economy Middle East Summit 2025
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Economy Middle East Summit 2025
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United States
Markets
Meta stock surges following strong Q1 2025 earnings report
Meta generated 42.31 billion percent in revenue and EPS of 6.43 percent, surpassing expectations
Miscellaneous
Tesla stands behind Musk as CEO despite speculation of leadership change
The Board emphasizes confidence in Musk's ability to execute the company's growth plans
Industry
U.S.-Ukraine mineral deal signed between U.S. and Ukraine
The agreement allows Washington to access rare earth minerals in exchange for investment funds
Energy
Crude oil prices fall to $63.12 amid prospects of stronger supply from OPEC+
Last month, Brent and WTI marked their biggest percentage drops since November 2021
Markets
Dubai gold prices fall AED7, global rates slip as trade tensions ease
U.S. President Donald Trump said he has "potential" trade deals with India, South Korea and Japan
Markets
Gold demand grows in Q1 2025 amid record high prices, gold ETF revival
Gold investment demand in the Middle East remained resilient amid continued geopolitical uncertainty
Bahrain
GCC countries contribute over 35 percent of all emerging-market U.S. dollar debt in Q1 2025, Fitch reports
Primary market dollar issuance shows promise despite recent quietness in the GCC region
Miscellaneous
Meta AI app launches: Users can now manage daily AI interactions all in one place
Users can switch between voice and text controls easily, customizing their AI experience as desired
Energy
Oil prices fall to $62.50 as trade war weighs on demand, supply concerns rise
Trump's tariffs have raised fears of a potential recession in the global economy this year
Markets
Dubai gold prices drop AED0.75, global rates steady ahead of key U.S. economic data
U.S. consumer confidence dipped to its lowest point in nearly five years amid tariff concerns
Energy
Crude oil prices drop to $65.41 amid investor concerns surrounding U.S.-China trade relations
U.S. crude oil stockpiles likely rose by about 500,000 barrels in the recent week
Markets
Dubai gold prices up AED5, global rates hold above $3,300
Investors will watch key U.S. economic reports this week, including job openings and payroll data
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