1
βNon-trade mattersβ slowing talks on EU deal, says UAE minister
Asian stock markets fell on Friday as traders bet that surging oil prices, driven by the escalating US-Iran war, could push up global inflation. Brent crude contracts rose above $100 a barrel on Thurs
βͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
π UAE π·οΈ Markets
2
Standard Chartered: Oil Markets Must Now Price Two Middle East Chokepoints
Oil prices gave up earlier gains on Friday after reports that Pakistan is trying to broker a return to U.S.-Iran nuclear negotiations. China is strongly backing the effort as the conflict and the clos
βͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Energy
3
GIC Adds to Global Funds Sounding New Alarm on Climate Risks
The US has started importing Iraqi fuel oil transported through Syria for the first time, highlighting Iraqβs efforts to diversify its export routes amid ongoing geopolitical tensions that have disrup
βͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Markets
4
Oil Prices Plunge 5% After U.S. and Iran Halt Attacks
Oil prices plunged by more than 5% in early Asian trade on Monday as the U.S. and Iran halted attacks after two weeks of escalation that had driven Brent above $100. At the time of writing, WTI crude
βͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Energy
5
Gold Climbs as Pause in Mideast Fighting Curbs Inflation Risk
Bond traders head into the week pricing in roughly a one-in-three chance of a Federal Reserve interest rate hike on Wednesday, after flaring Middle East tensions fueled volatility in oil prices and Tr
βͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
6
Fed, Bank of England, Bank of Japan Face $100 Oil Inflation Test
India said trade negotiations with the US have helped place it in the βlower tierβ of additional tariffs imposed by President Donald Trumpβs administration, allowing the country to secure an advantage
βͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
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.
Mon Aug 3
GCC Finance Ministers β Riyadh
Tue Aug 4
OPEC+ Technical Committee β Vienna
Wed Aug 5
UAE-India CEPA Review β Abu Dhabi
Thu Aug 6
Arab League Economic Council β Cairo
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