Abu Dhabi Global Market (ADGM) continues its fast ascent: firm registrations grew by 32% and assets under management surged a staggering 245% year-on-year. The presence of heavyweights like BlackRock, Morgan Stanley, Coinbase, and Circle underscores its growing global finance footprint Source: reuters.com
ADGM Powers Ahead with Financial Hub Expansion Read More »
Gulf nations like Saudi, UAE, and Qatar are spending billions to develop AI infrastructure, partnering with global tech leaders. However, sustainability concerns also emerge—highlighting project delays, cost overruns (e.g. Neom), and rising geopolitical ris Source: wsj.com
U.S. Investment Push in Gulf AI Projects – Caution Advise Read More »
Although oil prices spiked roughly 7% midweek, real-world crude flows remain unaffected. Reports confirmed that the Strait of Hormuz continues to operate normally, with global supply chains remaining intact despite regional instability Source: reuters.com
No Disruption to Oil Supply, Despite Tensions Read More »
After earlier losses, Gulf stock exchanges—including Saudi Arabia, Dubai, Abu Dhabi, and Qatar—rebounded on Monday. Saudi’s TASI rose 1.3%, Dubai gained 0.8%, and Qatar climbed 1.7%, supported by easing oil prices and encouraging global economic data Source: reuters.com
Gulf Markets Rebound Despite Geopolitical Worries Read More »
Markets across the world saw turbulence as the Israel‑Iran conflict entered its fifth day. Oil futures jumped over 2% before settling around $72 a barrel, while safe-haven assets like gold and U.S. Treasuries gained traction. Global equities showed a mix of movements, with some Asian markets up and others down Source: reuters.com
Global Market Volatility Amid Israel–Iran Tensions Read More »