Gulf financial markets, including Dubai and Abu Dhabi, experienced significant drops as investors reacted to the strikes. Dubai’s index plunged over 5%, and bond markets tightened on geopolitical worries while oil prices spiked over 6% Source: reuters.com
UAE & Regional Markets Decline Amid Geopolitical Shock Read More »
In the wake of the Israel‑Iran strike, global investors fled to safer assets. Gulf markets declined while Brent surged 14%, gold rose sharply, and the U.S. dollar strengthened. Analysts warn complacency may overlook deeper risks . Source: reuters.com
Safe-Haven Shift Hits Markets & Boosts Gold Read More »
Following Israeli airstrikes on Iran and ensuing retaliations, fears abound that Tehran may disrupt the Strait of Hormuz—a vital corridor for 20 million barrels of oil per day. Such a move could dangerously drive oil prices up to $100/barrel amid regional uncertainty Source: reuters.com
Concerns Rise Over Strait of Hormuz: Oil Could Hit $100 Read More »
Following its IPO, stablecoin issuer Circle is in early talks with local remittance providers to leverage USDC. The goal: streamline cross-border payments, potentially cutting costs by 30–100× in the $44 billion UAE remittance market Source: agbi.com
Circle Explores USDC Remittances in UAE’s $44 B Corridor Read More »
Abu Dhabi Global Market (ADGM) is on track for rapid growth, with a 32% rise in registered firms and 245% increase in assets under management over the past year. Major players like BlackRock, Morgan Stanley, Coinbase, and Circle have established a strong presence Source: reuters.com
ADGM Prepares for Continued Boom in Financial Services Read More »
Crypto sentiment is resurfacing bullish, with Bitcoin approaching $112,000 on positive outlooks and regulatory momentum. However, XRP dropped sharply amid geopolitical jitters following the Israel-Iran conflict Source: fxleaders.com
Bitcoin Nears $112K; XRP Sees Both Rally and Dip Read More »
Brent crude jumped over 7%, reaching around $75/barrel after the Israeli strike on Iran. The surge, the highest in months, reflects concerns over possible supply disruptions in the region Source: agbi.com
Oil Prices Surge 7–9% on Middle East Escalation Read More »
Middle Eastern markets fell sharply after Israel struck Iran, triggering fears of a wider regional conflict. Saudi Arabia’s TASI dropped ~1.5% and Dubai’s main index declined nearly 2.3%, while Abu Dhabi edged up about 1.1%. The shifts reflect investor anxiety amid geopolitical uncertainty Source: reuters.com
Global Markets React to Israel‑Iran Clash; Gulf Stocks Retreat Read More »
Abu Dhabi Global Market,Rapid Expansion
Abu Dhabi Global Market Continues Rapid Expansion Read More »
Credit extended by Saudi banks hit SR 3.13 trillion ($834 billion) in April—a 16.5% increase since last year, marking the most rapid lending growth since mid‑2021. This spike reflects accelerated credit to corporate projects aligned with the Kingdom’s development agenda Source: arabnews.com
Saudi Bank Lending Surges 16% Year-on-Year Read More »