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After 14 years of sanctions and isolation, Syria plans to reconnect to the SWIFT international payment network soon. The move, part of broader economic reforms and lifting of U.S. sanctions, includes potential Sukuk issuance and World Bank support for reconstruction  . Source: ft.com

Saudi Arabia and the UAE are allocating substantial power capacity to AI, with Saudi planning 2,200 MW and the UAE 500 MW. Their vision includes partnerships with U.S. tech giants like Google and AWS and aims to add $150 billion to GDP, though talent and regulatory gaps persist  . Source: ft.com

Saudi Arabia and the UAE are allocating substantial power capacity to AI, with Saudi planning 2,200 MW and the UAE 500 MW. Their vision includes partnerships with U.S. tech giants like Google and AWS and aims to add $150 billion to GDP, though talent and regulatory gaps persist  . Source: ft.com

ADGM posted impressive growth—assets under management grew by 245%, and firm registrations rose 32%—backed by new licenses and interest from top-tier financial and crypto firms like BlackRock and Coinbase  . Source: reuters.com

Major Gulf stock exchanges climbed as U.S. and China reached a trade framework agreement aimed at reviving their truce. Saudi Arabia’s TASI led gains with a 1.2% rise, followed by modest increases in Dubai (+0.1%), Abu Dhabi (+0.1%) fueled by ADNOC Gas’s $5 billion investment, and Qatar (+0.4%), mainly driven by NDB performance  .

Gulf countries—particularly Saudi Arabia and the UAE—are investing heavily in artificial intelligence infrastructure to shift away from oil-dependent economies. Saudi is planning new data centres with 2,200 MW capacity while the UAE is allocating 500 MW. These mega-projects involve partnerships with global tech firms like Google, AWS, and Oracle, with projected AI-driven GDP gains of up to

The Gulf’s tourism surge—Dubai had 5.31 million Q1 travelers (+3% y/y), Saudi tourism up 69% since 2019—is boosting demand across banks and insurers via financing for hospitality, airlines, and infrastructure  . Source:finews.asia

Gulf markets gained on the back of encouraging US–China trade talks. Dubai’s index edged up (+0.1%), Abu Dhabi (+0.5%), and Qatar (+1.3%), while Saudi and Bahrain remained closed for a holiday. Slowly climbing oil prices also helped boost market sentiment  . Source: reuters.com

Analysts from Arqaam and Amwal Capital note Gulf government-affiliated entities like Saudi Electricity and Mubadala are issuing bonds and sukuk with higher yields than sovereign equivalents, making them attractive fixed-income investments amid the region’s $87 billion debt issuance to date  . Source:agbi.com