THE EDGE INSIGHTS
Latest Economic Insights
Economic developments that matter to regional and global markets, analysed daily.
IEA: Energy Investment Rises as Oil Spending Falls
Global energy investment is set to reach $3.4 trillion in 2026 (+~5% y/y), with oil spending falling below $500 billion for a…
Read more →
Hong Kong Overtakes Switzerland as World’s Top Wealth Booking Center
Hong Kong narrowly overtook Switzerland as the world’s largest cross-border wealth booking center in 2025, reaching about $2.95 trillion versus Switzerland’s $2.94…
Read more →
Abu Dhabi Wealth Funds Raise Billions Through Share Sales
Abu Dhabi’s sovereign wealth funds Mubadala and ADIA are raising billions through targeted share sales — including GlobalFoundries, Medline and the INNIO…
Read more →
Kuwait Consumer Spending Reaches KD 3.31 Billion in April 2026
Kuwait consumer spending reached KD 3.31 billion in April 2026, with non-cash channels making up 80.2% of the total as Point of…
Read more →
UK Energy Price Cap Rises 13% as Iran War Lifts Gas Costs
UK households are set to face another rise in energy bills from July, as global gas market volatility feeds directly into domestic…
Read more →
Russian Crude Exports Hit 2026 High as Hormuz Disruption Reshapes Oil Flows
Russian crude exports are moving close to their highest levels of 2026 as disruption around the Strait of Hormuz reshapes global oil…
Read more →
US Tariff Refunds Reach USD 20.6 Billion as Importers Face Processing Bottlenecks
US tariff refunds are entering a major operational phase, with around USD 20.6 billion moving toward disbursal to importers that successfully filed…
Read more →
Gold Holds Below $4,500 Zone as Fed Hike Risk Weighs on Safe Haven Demand
Gold remained under pressure near the $4,500 per ounce zone after several sessions of weakness, as markets reassessed the chances of a…
Read more →
Aluminium Near Four Year High as China Output Risks Tighten Supply Outlook
Aluminium prices have surged close to their highest level in four years as markets react to potential production cuts in China, the…
Read more →
Kuwait’s Banking Sector Demonstrates Resilience with Robust Credit Expansion and Asset Growth in April 2026
Central Bank of Kuwait Data Signals Healthy Financial System Amid Sustained Economic Activity KUWAIT — The Central Bank of Kuwait's latest monetary…
Read more →
Fitch AA- Rating Signals UAE Resilience
Fitch's latest UAE rating action sends a clear message: the country's credit strength remains intact, but the economic transmission channels from regional…
Read more →
Saudi Arabia Aa3 rating signals resilience as Hormuz risk reshapes credit analysis
Moody's affirmation of Saudi Arabia at Aa3 with a stable outlook highlights how sovereign strength is increasingly being assessed through fiscal buffers,…
Read more →
Kevin Warsh Takes Fed Helm as Inflation and Bond Yields Test Policy Independence
Kevin Warsh has taken over as the 17th Chair of the Federal Reserve at a critical moment for US monetary policy, as…
Read more →
Gold Pulls Back as Dollar Strength and Fed Risk Offset Safe Haven Demand
Gold prices slipped toward $4,520 per oz, heading for another weekly decline as a stronger US dollar and renewed expectations of Fed…
Read more →
Goldman Sachs Breaks Consensus With Egypt Rate Hike Call
Goldman Sachs is standing outside market consensus by expecting the Central Bank of Egypt to raise interest rates, while most forecasts still…
Read more →
IEA: EV Sales Set to Reach 23 Million as BYD Gains in the Middle East
The International Energy Agency expects global electric vehicle sales to keep growing in 2026, supported by higher fuel prices, lower battery costs,…
Read more →
UK Inflation Slows to 2.8% as Energy Bill Relief Offsets Fuel Shock
UK inflation surprised to the downside in April, easing more than expected despite higher fuel costs linked to the Middle East energy…
Read more →
Egypt Plans New Oil Auction as Energy Supply Gap Persists
Egypt is preparing a new international oil exploration auction in Q3 2026, as it seeks to revive domestic production, attract foreign capital…
Read more →US Rates: Inflation and Energy Risk Narrow the Fed’s Room for Cuts
The latest US inflation data, alongside President Trump's comments that the Iran war could delay his rate cut plans, further complicates the…
Read more →
Oman Q1 Budget Deficit Narrows Sharply as Energy Revenues Rise
Oman's fiscal position improved significantly in the first quarter of 2026, with the budget deficit falling sharply despite oil revenue timing rules…
Read more →
China Pledges At Least USD 17 Billion a Year in US Agricultural Purchases
China has committed to purchase at least USD 17 billion per year of US agricultural products, with 2026 prorated and the commitment…
Read more →Gold Falls to Weekly Low as Yields and Dollar Rise
Gold fell sharply to its lowest level in more than a week as rising US inflation concerns pushed Treasury yields and the…
Read more →Dragon Oil Deepens Egypt Bet With Multi Billion Dollar Investment Plan
Dragon Oil is increasing its long term commitment to Egypt's upstream energy sector, with new investment plans aimed at lifting production, extending…
Read more →
UAE Accelerates New Oil Export Route Beyond Hormuz
The UAE is moving to strengthen its oil export resilience by fast tracking ADNOC's new West East 1 Pipeline, a strategic route…
Read more →Most Read
- 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