Sehaj Singh

Oil markets steadied on the first trading day of 2026 after record annual losses in 2025, as investors balanced oversupply concerns with geopolitical risks such as Middle East tensions and global conflicts. Brent and WTI both posted stabilisation after a challenging end to last year. Source : Reuters.

After a slump in 2025 where IPO proceeds hit their lowest since 2020, analysts say Middle East capital markets are positioned for a recovery in 2026. The UAE could see 9–12 listings, while Saudi Arabia is reviewing around 40 potential IPOs. Improved governance and investor interest are expected to support renewed activity. Source : The

Widespread protests against Iran’s deepening economic crisis escalated on January 1, with multiple fatalities reported as clashes intensified. The unrest — sparked by a plunging currency and rising prices — represents the most significant domestic challenge in years. Authorities have promised dialogue even as security forces crack down. Source : Reuters.

Saudi Arabia’s benchmark index (TASI) kicked off the new year with a 0.6% gain, driven by broad-based buying in consumer staples, tech and utilities. The market was also supported by a $13 billion syndicated loan arranged to fund infrastructure projects. Oman’s index saw moderate gains, with OQ Exploration & Production and Oman Telecommunications leading. Source

The 1 Billion Followers Summit, the world’s largest event dedicated to the creator economy, is scheduled to begin on 9 January 2026 in Dubai under the patronage of UAE leadership. The three-day event will host content creators and industry leaders, bolstering Dubai’s position as a global media and digital-economy hub. Source : businesstoday.me

Sharjah announced a recruitment drive for 1,000 Emirati citizens into government jobs by 2026 to strengthen public-sector capacity and integrate local talent. The effort includes promotions for existing employees and increased training, signalling a broader focus on workforce development in the UAE. Source : ETHRWorld.com.

The United Arab Emirates announced new reduced petrol and diesel prices effective January 1 2026, reversing earlier increases made in December. The move reflects shifts in global crude benchmarks and benefits both businesses and consumers with lower fuel costs at the start of the year. Source : The Times Of India.

Egypt’s EGX30 index delivered the strongest annual return among Middle Eastern stock exchanges in 2025, rising more than 40% thanks to rate cuts and strong inflows into real estate and tourism sectors. Meanwhile, many Gulf markets posted moderate gains, with Dubai and Abu Dhabi rising annually but energy-heavy exchanges like Saudi Arabia lagging amid weak