1
Stocks Rise, Yen Slips as BOJ Hikes in Split Vote: Markets Wrap
Wall Streetβs stock rally carried into Asia as falling oil prices and optimism that inflation will be contained lifted sentiment. The yen extended its decline after the Bank of Japan raised interest r
βͺ Why it matters: Direct impact on oil price sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Markets
2
BOJ Split Vote Sends Bearish Signal on Yen, Strategists Say
The yen dropped after the Bank of Japanβs decision to hike rates as a split vote sent bearish signals, strategists said. The Japanese currency fell as much as 0.5% after the central bank raised its be
βͺ Why it matters: Direct impact on central bank sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
3
RBA Must Judge If Rates High Enough to Cool Prices, Bullock Says
Australiaβs central bank needs to decide later this month whether its benchmark interest rate is at a level sufficient to restrain price pressures and return inflation to target, Governor Michele Bull
βͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
4
BOJ Hikes at Fastest Pace Since 1990 After Bessentβs Calls
The Bank of Japan raised its benchmark interest rate, ramping up the pace of hikes to the fastest in 36 years as it confronts mounting inflation risks and unusually explicit calls for further policy n
βͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Markets
5
Leading Iranian airline cuts flights as US sanctions hit
Mahan Air suspends several routes to Turkey and Oman as Washingtonβs campaign of pressure leaves Iranians with increasingly limited travel options
βͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
π Oman π·οΈ Markets
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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