THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
The Global AI Race in 2026: Who Is Winning Models, Money, Compute and Distribution?
OpenAI holds the strongest disclosed consumer position, Anthropic is scaling fastest in enterprise AI, Google has assembled the broadest integrated stack, Microsoft…
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Kuwait Project Awards Rise 49 Percent from a Year Earlier but Slide from a Strong First Quarter
Kuwait awarded about 2 billion dollars of project contracts in the second quarter of 2026, up 49.1 percent from the same period…
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Cheiron Energy Is Said to Raise 550 Million Dollars from a Bank Syndicate to Develop Egyptian Gas Fields
Cheiron Energy, one of Egypt's largest independent oil and gas producers, has raised about 550 million dollars from a consortium of Gulf…
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ADNOC Is Said to Reprice Some Offshore Crude to Offer Buyers a Route Around the Strait of Hormuz
Abu Dhabi's national oil company is giving buyers of some of its crude a way to take delivery without sailing through the…
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Egypt Authorises a State Property Company as a Domestic Debt-for-Equity Swap Is Reported
Egypt has authorised three public bodies to establish a joint-stock company to manage and develop state real-estate assets, and is separately reported…
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MENA-Asia Markets Wrap 12 July: Gulf Bourses Absorb the Weekend Escalation and Asia’s Monday Open Delivers the First Global Verdict
The region's first trading session since the escalation began ended with no rout, with orderly closes at every exchange that had published…
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Apple Sues OpenAI, Alleging Its Consumer Device Push Was Built on Stolen Hardware Secrets
Apple filed a lawsuit against OpenAI in the US District Court for the Northern District of California on Friday, accusing the ChatGPT…
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Egypt Moves to Turn Car Assembly Into a Hard-Currency Earner as Three Manufacturers Reportedly Seek to Start Exports This Year
Three car manufacturers operating in Egypt have applied to the Ministry of Industry to begin exporting locally assembled vehicles in the final…
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Egypt’s Current Account Gap Widens to 14.6 Billion Dollars as Imports Jump, but Strong Inflows Hold the Overall Balance Steady
Egypt's current account deficit widened to 14.6 billion dollars in the first nine months of the 2025/2026 fiscal year from 13.2 billion…
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Egypt’s Agricultural Exports Exceed 5.8 Million Tons in the First Six Months as Citrus Leads and the Crop Mix Shifts
Egypt's agricultural exports exceeded 5.8 million tons in the first six months of the year, Minister of Agriculture and Land Reclamation Alaa…
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Fitch Affirms Saudi Arabia at A+ With a Stable Outlook, Citing Resilient Public Finances Through the Hormuz Disruption
Fitch Ratings affirmed Saudi Arabia's long-term foreign-currency issuer default rating at A+ with a stable outlook late on Friday, saying the kingdom's…
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The Week Ahead: OPEC Answers the IEA, US Inflation Tests the Fed, and the Big Banks Open Earnings Season
The coming week compresses the quarter's biggest catalysts into four days: OPEC's monthly report opens the week, the first full post-escalation US…
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Beijing Reportedly Set to Let Top Chinese AI Firms Buy Nvidia H200 Chips, With Approvals Capped Below 200,000 Units
Chinese officials have told Alibaba, ByteDance and DeepSeek in recent weeks that they may soon receive permission to buy Nvidia H200 chips,…
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UAE Climbs to Ninth Globally for Foreign Direct Investment With a Fourth Straight Record Year of 48.3 Billion Dollars
The UAE attracted 177.3 billion dirhams, about 48.3 billion dollars, in foreign direct investment inflows in 2025, up 6 percent from a…
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Bank of Korea Chief Signals a Rate Hike Is Coming as Inflation Runs at a 30-Month High Before Thursday’s Decision
Bank of Korea Governor Shin Hyun-song told lawmakers on Thursday that interest rates will need to rise, the clearest signal yet that…
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Inside the IEA’s July Report: Supply Rebounds 4.1 Million Barrels a Day as Gulf Exports Claw Back and the Agency Maps the Road Back to Surplus
Global oil supply rebounded by a sharp 4.1 million barrels a day to 98.8 million barrels a day in June as tanker…
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Saudi Arabia’s Reserve Assets Rise 8.1 Percent to About 495 Billion Dollars in June, Reversing May’s Dip
Saudi Arabia's official reserve assets rose to 1.85 trillion riyals, about 494.6 billion dollars at the 3.75 peg, our conversion, at the…
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S&P Sees Slower Growth but Continued Resilience for Gulf Banks, With Kuwait Among the Markets Anchored by Public-Sector Liquidity
The war and ongoing geopolitical uncertainty are likely to slow growth among Gulf banks, S&P Global Ratings analysts said in the agency's…
Read more →Market Wrap US-Europe 10 July: SK Hynix Soars 13 Percent in its Nasdaq Debut as the S&P 500 and Nasdaq Cap a Turbulent Week Higher and Europe Ends Mixed
Wall Street closed higher on Friday, capping a week of sharp swings with a memory-chip milestone, as SK Hynix jumped 13 percent…
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Commodities Wrap 10 July: Oil Slips as the IEA Sees the First Demand Decline Since 2020, Capping a Week of Sharp Swings
Commodities ended a turbulent week quietly on Friday, with crude oil edging lower as a bearish demand outlook from the International Energy…
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e& Agrees to Sell Its Entire Vodafone Stake for 5.95 Billion Dollars, Unlocking a 1.3 Billion Dollar Net Cash Return
UAE technology and telecommunications group e& has signed a binding agreement to sell its entire shareholding in Vodafone Group for approximately 21.8…
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China’s Central Bank Pledges to Keep Policy Appropriately Accommodative as It Flags a More Complex External Environment
The People's Bank of China said it will continue to apply an appropriately accommodative monetary policy and step up countercyclical and cross-cyclical…
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France’s Inflation Slows Sharply to 1.8 Percent in June as Energy Price Growth Decelerates
French consumer price inflation slowed to 1.8 percent in June from 2.4 percent in May, the statistics office INSEE confirmed on Friday,…
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German Exports Rise in May as US Shipments Jump and the Trade Surplus Widens to 19.1 Billion Euros
German exports rose 0.9 percent in May from the previous month to 137.9 billion euros on a calendar and seasonally adjusted basis,…
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- Europe Market Wrap 19 October: All Nine Indices Fall as France’s Fiscal Worries Spread
- Europe Market Wrap 9 October: All Nine Indices Rise as Basic Resources Jump 2.99 Percent
- US Market Wrap 12 October: The Dow Alone Rises 0.38 Percent as the Nasdaq 100 Falls 0.71 Percent
- Asia Market Wrap 7 October: All Eight Indices Fall as Seoul Drops 1.98 Percent
- Europe Market Wrap 16 October: All Nine Indices Rise to Cap the Stoxx 600’s Best Week Since June