1
Japanβs Trade Balance Swings to Deficit as Yen Inflates Imports
Chileβs central bank kept its benchmark interest rate unchanged for a fourth straight meeting, saying inflation risks have become more balanced as the economy weakens and a fuel-price shock remains co
βͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Markets
2
Mubadala buys $200m stake in Britain-Ireland subsea power link
Oman India Fertiliser Company (Omifco) aims to raise OMR260 million ($675 million) from its IPO, which opened for subscription on Tuesday. The subscription offers 1.672 billion shares, representing 25
βͺ Why it matters: Direct impact on Mubadala sector across Gulf markets. Regional implications are material.
π Oman π·οΈ Sovereign Wealth
3
Omifco aims for $675m as Oman IPO opens
Egypt has secured up to β¬690 million ($800 million) from the European Union (EU) to upgrade and expand its electricity network. The package includes a β¬600 million loan from EIB Global, the European I
βͺ Why it matters: Direct impact on IPO sector across Gulf markets. Regional implications are material.
π Oman π·οΈ Markets
4
Hormuz Reopens as Traders Price Out the War Premium
The U.S.-Iran agreement to reopen Hormuz and lift the maritime blockade has pushed oil below $80, though risks remain if tensions in Lebanon escalate. China Slams the Brakes on Crude Refining - Chinaβ
βͺ Why it matters: Direct impact on crude sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Markets
5
The $10 Billion Energy Corridor That Could Bypass Hormuz
The extended disruption caused by the US-Iran conflict highlights a need for diversifying energy export routes to reduce dependency on shipping via the Strait of Hormuz. A new initiative launched by t
βͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Energy
6
Oil sinks below $80 as traders bet Strait of Hormuz flows will return
Brent crude has tumbled to three-month low following agreement to extend US-Iran ceasefire
βͺ Why it matters: Direct impact on crude sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Energy
π’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.
π¦
Finance
GCC bank profits up 18% YoY. NIMs stabilizing. Loan growth strongest in Saudi (22%) and UAE (16%). DIFC: 47 new fintech licenses Q1.
ποΈ
Real Estate
Dubai residential transactions hit AED 42B in April β monthly record. Saudi giga-project awards reached $18B Q1.
π»
Technology
Gulf VC: $1.2B across 84 deals Q1. Saudi startups 37% of total. Fintech and logistics lead. 3 deals above $50M in Riyadh.
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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