1
StanChart Sees Higher Oil Floor as Hormuz Crisis Spreads to Saudi Export Routes
Oil prices pulled back but remained elevated ahead of a critical Fed decision on Wednesday, with market expectations shifting towards a prolonged US-Iran conflict. Brent crude for November delivery fe
βͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Energy
2
IMF Urges RBA to Stay Hawkish, Warns of Inflation Upside Risks
Australiaβs central bank should stand ready to hike interest rates as needed given inflation risks remain tilted to the upside, the International Monetary Fund said, adding that the government could s
βͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
3
Brazil Cuts Interest Rates to 13.75% Before Tight Presidential Election
Brazilβs central bank cut its interest rate by a quarter-point as inflation slows and the economy fades, just weeks before a tight presidential election that is fueling uncertainty over how much more
βͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
4
Syrian army chief visits Khmeimim Air Base, meets Russian military commanders
Syrian Chief of General Staff Maj. Gen. Ali al-Naasan inspected Khmeimim Air Base in western Latakia province on Wednesday and met Russian military commanders stationed there, according to the Defense
βͺ Why it matters: Direct impact on KIA sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Markets
5
AI Buildout Hits Inflation as Fed Hikes Rates
Stephanie Aliaga, Global Market Strategist at JPM Asset Management, reacts to Fed Chair Warsh's remarks after raising interest rates. She argues that while oil prices are a long-term driver of inflati
βͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
6
Export Constraints Curb Kazakhstanβs Ability to Offset the Global Oil Shortage
Kazakhstan, which has major oil reserves, is not in a position to help offset a looming energy crisis by expanding production, industry analysts say. With the Strait of Hormuz blocked, Russia sanction
βͺ Why it matters: Direct impact on reserves sector across Gulf markets. Regional implications are material.
π Saudi Arabia 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.
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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