July 17, 2025

During meetings in Washington, Bahrain’s Crown Prince announced over $17 billion in planned U.S. investments—highlighting a $7 billion deal between Gulf Air, Boeing, and GE for aircraft and engines. Additional MOUs involve energy, tech, aluminum, and AI chip development alongside American firms like Oracle and Cisco. A follow-up visit by Bahrain’s monarch is expected to solidify a commercial nuclear cooperation framework.   […]

UAE markets rallied as global oil demand showed signs of tightening. Dubai’s index climbed to a 17-year high, with gains in real estate and banking sectors, while Abu Dhabi edged higher following a major LNG agreement with Germany Source: reuters.com

The UAE Energy Minister confirmed that the country is prepared to raise oil production up to 6 million barrels per day, exceeding its 2027 target of 5 Mbpd, if global demand justifies it—potentially boosting its share as the world’s fourth-largest producer.   Source: reuters.com

China’s Huawei is offering its Ascend 910B AI processor to Gulf tech firms (including in UAE and Saudi) and promoting remote access to its advanced CloudMatrix systems. This bid aims to rival Nvidia’s regional dominance, though no formal agreements are yet in place. Source: reuters.com

With OPEC+ boosting output by 2.5 mbpd this year, Saudi Arabia is set to export a record 7.5 mbpd in July, despite softening global oil demand. Benchmark crude remains stable around $70/barrel, though analysts warn that rising trade tensions could strain prices.   Source: reuters.com