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April 18, 2026

Gulf EV Market Surges as Chinese Automakers Gain Market Share

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The Middle East electric vehicle (EV) market is experiencing rapid transformation, with Chinese automakers significantly increasing their presence across Gulf countries. Recent data shows the region imported $7.4 billion worth of Chinese EVs in 2025, representing a 92% year-on-year increase. The UAE alone accounted for $3.5 billion in imports, making it one of the largest […]

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China Strengthens Economic Partnership with UAE Amid Trade Disruptions

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China is deepening its economic ties with the United Arab Emirates as both nations seek to strengthen trade and technology cooperation amid global uncertainty. High-level meetings this week focused on expanding collaboration in energy, infrastructure, and digital technology, with discussions also advancing toward a potential China-GCC free trade agreement. The UAE has emerged as a

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Gulf Stock Markets Rebound as Investors Bet on Conflict De-escalation

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Gulf stock markets showed signs of recovery as investors reacted positively to renewed hopes of a potential resolution to regional tensions. Markets across Saudi Arabia, Dubai, and Abu Dhabi recorded gains, driven by improving sentiment and expectations of easing geopolitical risks. Saudi Arabia’s benchmark index led the gains, supported by strong performance in banking and

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Saudi Arabia Warns Oil Output Recovery Will Take Time After Infrastructure Damage

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Saudi Arabia’s finance minister has warned that restoring oil production capacity across the Gulf will take time following extensive infrastructure damage caused by recent regional conflict. Speaking at a global economic forum, officials highlighted a “disconnect between paper markets and physical supply,” as oil prices fluctuated sharply despite the reopening of key shipping routes. Although

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IMF Slashes Middle East Growth Forecast as Conflict Disrupts Trade and Energy

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The International Monetary Fund (IMF) has sharply downgraded its economic outlook for the Middle East, warning that ongoing geopolitical tensions are severely impacting growth, trade, and energy markets. According to the latest update, regional growth is now projected at just 1.1% for 2026, down nearly 2.8 percentage points from earlier estimates. The downgrade comes amid

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