1
KFH-Bahrain Signs USD 85 Million Financing Deal with TΓΌrkiyeβs ΓayΔ±rhan Enerji
Kuwait Finance House (KFH) β Bahrain announced the successful execution of a USD 85 million Commodity Murabaha financing facility for ΓayΔ±rhan Enerji β TΓΌrkiye, supporting the acquisition of the ΓayΔ±r
βͺ Why it matters: Direct impact on privatization sector across Gulf markets. Regional implications are material.
π Kuwait π·οΈ Markets
2
Egypt Votes to Defend Saudi Arabia, Risking Houthi Fire
Egyptβs parliament on Monday authorized military support to defend Saudi Arabia, the same day Yemenβs Houthis claimed unconfirmed attacks on pumping stations along the kingdomβs East-West crude pipeli
βͺ Why it matters: Direct impact on crude sector across Gulf markets. Regional implications are material.
π Saudi Arabia π·οΈ Markets
3
From Wall Street to Silicon Valley, Anthropic IPO poised to have massive 'trickle-down effect'
With the AI trade sputtering of late and interest rates on the rise, Anthropic's IPO is taking on outsized importance.
βͺ Why it matters: Direct impact on IPO sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Markets
4
Fed Meeting Focus Turns to Warsh Messaging With December in Mind
Kevin Warsh faces a familiar challenge this week if the Federal Reserve holds interest rates steady: He must reassure investors the central bank is committed to quashing inflation while explaining why
βͺ Why it matters: Direct impact on inflation sector across Gulf markets. Regional implications are material.
π Gulf π·οΈ Markets
5
Sayyid Badr: Oman continues diplomatic efforts to establish security and stability in Gulf region
Cambridge: Sayyid Badr bin Hamad Al Busaidi, Foreign Minister, affirmed that the Sultanate of Oman is continuing its diplomatic efforts to enhance security...
βͺ Why it matters: Direct impact on AI sector across Gulf markets. Regional implications are material.
π Oman π·οΈ Markets
6
Euro-Zone Slowdown Will Help Keep ECB Rates on Hold for Now
Waning economic momentum is one reason the European Central Bank will probably hold off from raising interest rates for the time being.
βͺ Why it matters: Direct impact on central bank sector across Gulf markets. Regional implications are material.
π Gulf 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 Nov 2
GCC Finance Ministers β Riyadh
Tue Nov 3
OPEC+ Technical Committee β Vienna
Wed Nov 4
UAE-India CEPA Review β Abu Dhabi
Thu Nov 5
Arab League Economic Council β Cairo