1
$100 Oil Puts Central Banks Back on Inflation Alert
Crude oil prices have extended their earlier gains into this week, with little chance of reversing course as the war in the Middle East expands and desire for a peaceful resolution seems to wane, as g
βͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
2
Cairo seeks closer ASEAN ties as diplomacy focuses on Hormuz, Red Sea, and Sudan
Cairo is seeking to upgrade its relationship with the Association of Southeast Asian Nations (ASEAN) to βsectoral dialogue partnerβ status, as Egyptian diplomacy also focuses on escalating tensions ar
βͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
π Egypt π·οΈ Markets
3
Ukraine war, Red Sea attacks raise milling costs in Egypt, Saudi Arabia
The cost of a loaf of bread is shaped not only by wheat prices, but also by wars, shipping routes, and the structure of food supply chains, according to a new study published in the Future Business Jo
βͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
π Saudi Arabia π·οΈ Markets
4
ECBβs Cipollone Says β¬200 Bill Not Main Tool for Money Laundering Today
Money laundering concerns shouldnβt stop issuance of a β¬200 ($231) bill as there are now better ways to clean up illicit earnings, a European Central Bank official said.
βͺ Why it matters: Direct impact on IPO sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Markets
5
France, Iraq deepen energy, defence ties during Zaidi visit
France and Iraq on Monday called for a "diversification of export routes" for oil and gas in the Middle East in response to the instability generated by the conflict between the United States and Iran
βͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Energy
6
Bahrain Chairs GCC Central Bank Governorsβ Preparatory Committee Meeting
As part of the Kingdom of Bahrainβs Presidency of the 46th Session of the Gulf Cooperation Council, the Sixth Meeting of the Preparatory Committee of the GCC Central Bank Governorsβ Committee was held
βͺ Why it matters: Direct impact on central bank sector across Gulf markets. Regional implications are material.
π Bahrain 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 Sep 21
GCC Finance Ministers β Riyadh
Tue Sep 22
OPEC+ Technical Committee β Vienna
Wed Sep 23
UAE-India CEPA Review β Abu Dhabi
Thu Sep 24
Arab League Economic Council β Cairo
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