Markets soar in Saudi Arabia as reports suggest foreign ownership caps could be lifted
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ALEC
Dubai IPO: ALEC Holdings offers 1bn shares, market cap up to $1.91bn
ALEC Holdings sets Dubai IPO price range at AED1.35–1.40 per share, valuing firm at up to AED7bn, with AED500m dividend planned for 2026
eToro
Dubai leads UAE’s non-oil growth in 2025 as diversification boosts investor outlook
The UAE’s non-oil economy grew at its fastest pace in six months in August 2025, with Dubai leading gains and investor confidence hitting new highs
Capital.com
UAE drives Capital.com to record $1.5tn global trading volumes in H1 2025
The UAE accounted for more than 70% of MENA trading activity as Capital.com reported record half-year volumes, underscoring the region’s rise as a global hub for online trading
CBUAE
UAE gold reserve surges 25.9% in first five months of 2025 to $7.88bn
CBUAE stats say demand deposits grew to $320bn, savings deposits to $97.91bn, while time deposits exceeded AED1tn for first time
DMCC
Dubai free zone DMCC attracts 1,100 new companies in H1 2025 as tech and trade ecosystems surge
Dubai Multi Commodities Centre is attracting more businesses and more sectors as it reports record performances
Abu Dhabi Securities Exchange (ADX)
Thndr joins ADX as first remote retail trading member, unlocking UAE market access for millions of investors
With more than $13bn in trades and over 4m users, digital investment app Thndr joins Abu Dhabi Securities Exchange
Gold
Always believe in gold: Indestructible asset surges 26% in H1 2025 as dollar hits 50-year low
Gold hits 26 all-time highs and outperforms stocks and bonds amid economic uncertainty
Abu Dhabi Securities Exchange
Abu Dhabi Securities Exchange foreign investment doubles to $3.7bn in H1 2025
Abu Dhabi Securities Exchange sees surge in foreign investment and trading value
commodity trading
Liquid assets: DMCC and AQUA-INDEX to launch world’s first freshwater-backed digital asset token from Dubai
Dubai’s DMCC partners with AQUA-INDEX to launch the world’s first digital asset backed by verified freshwater, aiming to revolutionise global water trading
Arab Light Crude
Saudi Arabia may cut July oil prices to Asia amid OPEC+ supply surge: Report
Saudi crude official selling prices are usually released around the fifth of each month, and set the trend for Iranian, Kuwaiti and Iraqi prices
Donald Trump
Trump’s EU tariff extension pushes gold prices down
Spot gold was down 0.3% at $3,346.55 an ounce, while US gold futures fell 0.6% to $3,345.80
DFM
Dubai Residential REIT IPO price set with $3.9bn valuation
Dubai Holding has set the price for Residential REIT IPO on DFM
diamond
Over 1bn carats of diamonds traded through Dubai in past 5 years
Dubai saw almost 179m carats of diamonds traded in 2024
crude oil price
Oil prices climb as US-China trade progress eases demand concerns
Oil prices rose Monday after positive US-China trade talks boosted market sentiment
China
Gold drops on trade war truce hopes, dollar strength
Traders are also eyeing the release of the US Consumer Price Index on Tuesday for fresh signals on the Fed’s monetary policy trajectory
Oil price
Oil prices plunge over $2 as OPEC+ accelerates output hikes
Brent crude futures dropped 3.61 per cent, to $59.08 a barrel, while US West Texas Intermediate crude was at $56.00 a barrel, down by 3.93 per cent