Middle East Markets

UBS Sees Gulf Boom: Growth in Saudi & UAE Non-Oil Sectors Amid Oil Price Shift

Leave a Comment / Economic Forecasts, Financial Services, Middle East Markets, Oil & Energy, Real Estate & Infrastructure / By

Gist UBS sees the Gulf, led by Saudi Arabia and the UAE, entering a phase of significant growth with upgraded GDP forecasts for 2025–2026. The outlook assumes moderately rising Brent prices and disciplined OPEC+ output, despite increased non-OPEC supply and softer demand. Non-oil sectors such as banking, telecoms, IT, tourism, and real estate, supported by …

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Evercore Secures Arranging License & Riyadh Office Amid Saudi’s Vision 2030 Capital Markets Push

Leave a Comment / Capital Markets, Financial Regulation, Investment Banking, Middle East Markets, Saudi Arabia / By

Gist Evercore has received an Arranging License from Saudi Arabia’s Capital Market Authority and opened a Riyadh office to provide independent corporate finance and securities advisory services onshore. The firm’s Saudi operations will be led by Mohammed Ali M. Aldekmary, an experienced investment banker and former senior advisor to the Saudi Minister of Investment. CMA …

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