1
Kuwait: Oil wealth and the need to rethink energy diplomacy
Kuwait exports oil, yet relies on imported gas and regional electricity trade to power its economy. This dual position demonstrates why hydrocarbon wealth does not automatically deliver energy securit
βͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
π Kuwait π·οΈ Energy
2
New U.S. Sanctions Law Threatens Indiaβs Huge Russian Oil Trade
Indiaβs imports of cheaper Russian crude oil have come under scrutiny in recent days after U.S. lawmakers passed a new sanctions bill against Russiaβs energy sector. The βLindsey O. Graham Sanctioning
βͺ Why it matters: Direct impact on crude sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Energy
3
Key African Central Banks Set to Keep High Rates as Buffer Against Shocks
African central banks from South Africa to Egypt are poised to keep their interest rates high for longer, seeking to shield their economies from shocks such as surging energy prices caused by the Iran
βͺ Why it matters: Direct impact on central bank sector across Gulf markets. Regional implications are material.
π Egypt π·οΈ Finance
4
RBNZ Warns Near-Term Inflation May Beat Estimates as Oil Surges
New Zealandβs central bank warned that near-term inflation could exceed its latest estimates, adding to signs it could raise interest rates again as soon as October.
βͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
5
RBNZ Review Calls for Greater Emphasis on Real Interest Rate
New Zealandβs central bank should place more emphasis on the inflation-adjusted level of the Official Cash Rate when it sets monetary policy, according to an independent review.
βͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Finance
6
Despite military might, Saudi struggles to crush the Houthis
Saudi Arabia has deep pockets and cutting-edge weapons yet for more than a decade it has been unable to quash Yemen's battle-hardened Houthis. The Iran-backed group has now attacked Riyadh with a miss
βͺ Why it matters: Direct impact on export sector across Gulf markets. Regional implications are material.
π Saudi Arabia π·οΈ Markets
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 28
GCC Finance Ministers β Riyadh
Tue Sep 29
OPEC+ Technical Committee β Vienna
Wed Sep 30
UAE-India CEPA Review β Abu Dhabi
Thu Oct 1
Arab League Economic Council β Cairo
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