Daily Gulf Intelligence
πŸ“… July 01, 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

Brazil Begins Rolling Back Fuel Subsidies as Oil Prices Fall

The European Central Bank is in no rush to raise interest rates again next month after peace efforts in the Middle East sent oil prices lower and reduced inflation risks, according to Governing Counci

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

Neom exit hasn’t derailed Webuild Saudi plans, CEO says

Dubai’s hotel market is unlikely to recover fully from the impact of the Iran-US conflict until the second quarter of next year, according to a senior executive at one of the world’s largest hot

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

US and Iran exchange strikes as ceasefire falters

Truce under pressure as Tehran counters US attacks by targeting military installations in Bahrain and Kuwait

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

Sydney Housing Slump Drags Australia Prices Down Most Since 2022

New Zealand’s central bank should raise interest rates toward a neutral level this year to keep inflation risks at bay, the International Monetary Fund said in a staff report.

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

Colombia Raises Interest Rate to 12% After Court Ends Crisis

The European Central Bank may be able to keep interest rates unchanged at its next meeting if the situation in the Middle East doesn’t escalate in the meantime, according to Governing Council member P

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

Increased audits lift UAE tax revenues by over $1bn

Saudi Arabia’s capital market regulator has compensated more than 20,000 investors affected by the market manipulation of eight investors who were convicted in 2023. The Capital Markets Authority (CMA

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

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

Mon Jun 30 GCC Finance Ministers β€” Riyadh
Tue Jul 1 OPEC+ Technical Committee β€” Vienna
Wed Jul 2 UAE-India CEPA Review β€” Abu Dhabi
Thu Jul 3 Arab League Economic Council β€” Cairo

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