Daily Gulf Intelligence
πŸ“… June 04, 2026 πŸ• 7:00 AM Gulf Time πŸ“Š Auto-Generated
REGULAR EDITION

πŸ“ˆ Market Snapshot

Tadawul
12,450
β–² 0.4%
ADX
9,780
β–² 0.6%
DFM
4,320
β–Ό 0.2%
QE Index
10,890
β–² 1.1%
Brent Crude
$82.40
β–² 0.8%
Gold
$2,510
β–² 1.2%
Silver
$32.40
β–² 2.1%
USD/SAR
3.75
β€”

πŸ“° Top Stories β€” 4 Minute Read

1

Adia unit commits $675m to Indian real estate fund

French companies plan to invest $5 billion in Turkey over the next three years, Turkish trade minister Omer Bolat said, as the Ankara government seeks to deepen economic ties and raise bilateral trade

β–ͺ Why it matters: Direct impact on ADIA sector across Gulf markets. Regional implications are material.
πŸ“ Gulf   🏷️ Real Estate
2

Oil Prices Dip as Israel-Lebanon Ceasefire Revives Iran Deal Hopes

Oil prices were under pressure in early Asian trade on Thursday following the announcement of a ceasefire agreement between Israel and Lebanon. The agreement could ultimately help clear the way for a

β–ͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
πŸ“ Gulf   🏷️ Energy
3

UAE’s Al Ansari to buy stake in Omani exchange house

Turkey is planning to extend the historic Hejaz railway to Oman to create an alternative global trade route to the Strait of Hormuz. The initial stage involves connecting Turkey to Aleppo in northwest

β–ͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
πŸ“ UAE   🏷️ Markets
4

Record Singapore-US Rate Gap May Widen Further on Flows, Fed

India is taking steps to bolster its currency without the need to hike interest rates, giving the central bank room to focus on supporting an economy hit by soaring oil prices.

β–ͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
πŸ“ Gulf   🏷️ Finance
5

Is the USΒ Economy Dangerously Dependent on the Rich?

Federal Reserve Bank of Dallas President Lorie Logan said officials may need to raise interest rates later this year to bring inflation back to the US central bank’s 2% target.

β–ͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
πŸ“ Gulf   🏷️ Markets
6

Kuwait ‘could return to full oil production in three months’

Robust economic fundamentals and a diversified infrastructure for the transport of crude oil and other goods are shielding Saudi Arabia from the worst impacts of the US-Israeli war with Iran, accordin

β–ͺ Why it matters: Direct impact on crude sector across Gulf markets. Regional implications are material.
πŸ“ Saudi Arabia   🏷️ Energy

πŸ” Sector Watch

πŸ›’οΈ

Energy

Brent holding $80-85 range. OPEC+ discipline intact through Q3. Non-OPEC supply growth slowing. Asian demand forecast revised up 0.4% by IEA.

🏦

Finance

GCC bank profits up 18% YoY. NIMs stabilizing. Loan growth strongest in Saudi (22%) and UAE (16%). DIFC: 47 new fintech licenses Q1.

πŸ—οΈ

Real Estate

Dubai residential transactions hit AED 42B in April β€” monthly record. Saudi giga-project awards reached $18B Q1.

πŸ’»

Technology

Gulf VC: $1.2B across 84 deals Q1. Saudi startups 37% of total. Fintech and logistics lead. 3 deals above $50M in Riyadh.

🌍 Regional Briefs

πŸ‡ΈπŸ‡¦
5.6%
Non-Oil GDP
πŸ‡¦πŸ‡ͺ
56.8
Dubai PMI
πŸ‡ΆπŸ‡¦
$12.8B
Budget Surplus
πŸ‡°πŸ‡Ό
$140B
Infra Plan
πŸ‡§πŸ‡­
3.2%
GDP Growth
πŸ‡΄πŸ‡²
Ba1
Moody's
πŸ‡ͺπŸ‡¬
22.4% ↓
Inflation
🌍
$4T
GCC SWF

πŸ“… Week Ahead

Wed May 14 GCC Finance Ministers β€” Riyadh
Thu May 15 OPEC+ Technical Committee β€” Vienna
Fri May 16 UAE-India CEPA Review β€” Abu Dhabi
Sun May 18 Arab League Economic Council β€” Cairo

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