Daily Gulf Intelligence
πŸ“… August 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

Dubai population rebounds above pre-war levels

Kuwait and Qatar are expected to suffer the deepest economic fallout among Gulf states from the Iran war, with both economies forecast to contract this year as disruption to the Strait of Hormuz hits

β–ͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
πŸ“ Saudi Arabia   🏷️ Markets
2

Bessent’s Yen Rescue to Boost US Pressure on Japan Trade, Rates

The Reserve Bank of India is expected to keep interest rates unchanged on Wednesday as policymakers assess whether higher energy costs from the renewed Middle East conflict spill over into broader inf

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

Iron Ore Dips to 13-Month Low in Threat to Higher-Cost Supply

Gold moved in a narrow range, as traders monitored diplomatic efforts to cool US-Iran tensions, potentially pushing energy prices lower and easing pressure on the US Federal Reserve to raise interest

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

BofA’s Cabana Sees Risk in Silent Fed: β€˜You Can’t Fool the Bond’

Euro-area households curtailing spending after the start of the Iran war seemed more worried by the overall uncertainty rather than faster inflation, according to research by the European Central Bank

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

Turkey tourism hit by Gulf conflict as visitors and revenue dip

Kuwaiti developer Mabanee’s shopping malls held steady occupancy and footfall during the regional conflict, but weaker hotel demand weighed on earnings as travel disruption hit its hospitality b

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

Tanker Carrying Qatari LNG Struck While Transiting Hormuz

China approved eight new nuclear reactors on Friday, with the projects reportedly worth more than 170 billion yuan ($25 billion), accelerating its atomic buildout as the country seeks to power its eco

β–ͺ Why it matters: Direct impact on LNG sector across Gulf markets. Regional implications are material.
πŸ“ Qatar   🏷️ 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 Aug 10 GCC Finance Ministers β€” Riyadh
Tue Aug 11 OPEC+ Technical Committee β€” Vienna
Wed Aug 12 UAE-India CEPA Review β€” Abu Dhabi
Thu Aug 13 Arab League Economic Council β€” Cairo

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