Marmore MENA Intelligence

The conflict did not stop Gulf oil production - it cut the route to the buyer. Pipelines are at capacity, emergency stocks are nearly spent, and the diesel margin has left the region. Read how the export ceiling, not spare capacity, now sets the oil price. marmoremena.com/en/reports/t… #Oil #Hormuz #EnergyMarkets #GCC #MENA #Marmore

Kuwait banks are building a sustainable finance market: NBK's debut USD 500mn green bond (3x+ oversubscribed), Warba Bank's USD 500mn sustainability sukuk, and KIB's USD 300mn sustainable sukuk. Central bank of Kuwait is also guiding banks toward green lending and climate risk management. marmoremena.com/en/reports/s… #SustainableFinance #GreenBonds #Kuwait #ESG #IslamicFinance #Marmore

Flagship projects such as Mubarak Al-Kabeer Port and the Northern Economic Zone are driving infrastructure-led growth under Vision 2035. marmoremena.com/en/reports/s… #Kuwait #Infrastructure #KNDP #KuwaitVision2035 #Marmore

After eight years, Kuwait returned to global debt markets in October 2025 with a USD 11.25bn sovereign bond issue that was 2.5x oversubscribed. About 66% of the allocation went to investors outside MENA, An indication of international confidence. marmoremena.com/en/reports/s… #Kuwait #SovereignBonds #DebtMarkets #GCCFinance #Marmore

A USD 20,000 drone can force the use of a USD 4 million interceptor. Security is now a permanent operating cost for GCC business. Read to know more. marmoremena.com/en/reports/s… #GCC #oil #EmergingMarkets #Marmore #InvestmentResearch

Seven months in, the Gulf’s shipping map has been redrawn. Saudi ship arrivals fell 75% y/y in September and outgoing shipments are down 90% from February — while Oman’s Hormuz-bypassing ports grew 8% y/y and now handle more outbound cargo than any other Gulf state. marmoremena.com/en/reports/u… #Hormuz #GulfTrade #MaritimeDisruption #MENA #SupplyChains

Hormuz ship transits slipped to 109 in September 2026 — down from 146 in August and just 5% of the 2,192 recorded in pre-conflict February. The Marmore Gulf Trade Disruption Index now reads 4.2 against a 100-point baseline, its lowest since the conflict began. marmoremena.com/en/reports/u… #Hormuz #GulfTrade #MaritimeDisruption #MENA #SupplyChains

We are pleased to share that Sankara Narayanan, Vice President - Consulting Services, Marmore MENA Intelligence, will be participating as a panelist at the 4th Edition of Wealth XChange Investment Industry Summit in Dubai. Sankara will join industry leaders in the panel discussion, "Saudi Arabia Uncovered: New Research on the Opportunities and Challenges for Investment Managers," offering insights on the Kingdom's evolving investment landscape, emerging opportunities, and key challenges shaping the future of the market. 📅 22 October 2026 📍 Capital Club Dubai We look forward to engaging discussions and valuable industry perspectives at this premier investment industry gathering. #WealthXChange #SaudiArabia #InvestmentManagement #MENA #Research #InvestmentIndustry #MarmoreMENAIntelligence #ThoughtLeadership #MiddleEast #Investments

A USD 20,000 drone can force the use of a USD 4 million interceptor. Security is now a permanent operating cost for GCC business. Read to know more. marmoremena.com/en/reports/s… #GCC #oil #EmergingMarkets #Marmore #InvestmentResearch

Brent averaged 45% more in Q2 2026 than a year earlier, yet Saudi Arabia’s deficit did not move. High oil prices are not the same as high oil revenue. Read to know more. marmoremena.com/en/reports/s… #GCC #oil #EmergingMarkets #Marmore #InvestmentResearch

Ship transits through the Strait of Hormuz fell 95% in March. Oman’s shipments rose 18% while Saudi Arabia’s fell 89%. Geography decided who was hit. Read to know more. marmoremena.com/en/reports/s… #GCC #oil #EmergingMarkets #Marmore #InvestmentResearch

Kuwait banks are building a sustainable finance market: NBK's debut USD 500mn green bond (3x+ oversubscribed), Warba Bank's USD 500mn sustainability sukuk, and KIB's USD 300mn sustainable sukuk. Central bank of Kuwait is also guiding banks toward green lending and climate risk management. marmoremena.com/en/reports/s… #SustainableFinance #GreenBonds #Kuwait #ESG #IslamicFinance #Marmore

Saudi Arabia’s domestic tourism grew 16% y/y in Q1 2026, with domestic trips accounting for 78% of total travel activity as Hajj pilgrim numbers surpassed 2025 levels despite regional tensions. Contact us to discuss the sector’s prospects with our consultants. marmoremena.com/en/reports/k… #KSA #realestate #outlook #marmore #markaz

After eight years, Kuwait returned to global debt markets in October 2025 with a USD 11.25bn sovereign bond issue that was 2.5x oversubscribed. About 66% of the allocation went to investors outside MENA, An indication of international confidence. marmoremena.com/en/reports/s… #Kuwait #SovereignBonds #DebtMarkets #GCCFinance #Marmore

Industrial & logistics was UAE real estate’s standout performer in H1 2026, with rents rising as much as 19% y/y in Dubai and 18.2% y/y in Abu Dhabi, powered by essential-goods demand and an undersupplied market. Contact us to discuss the sector’s prospects with our consultants. marmoremena.com/en/reports/u… #UAE #realestate #outlook #marmore #markaz

Despite a 30.1% y/y decline in investment real estate transaction value, average investment land prices rose 6.9% y/y in Q1 2026, underscoring real estate’s role as an inflation hedge amid regional uncertainty. Contact us to discuss the sector’s prospects with our consultants. marmoremena.com/en/reports/k… #kuwait #realestate #outlook #marmore #markaz

Kuwait has seen multiple reforms over the last two years: a new public debt law, a 15% minimum top-up tax on multinationals, and real estate laws that widen foreign participation. These steps are laying the foundation for a more diversified, private-sector-led economy. marmoremena.com/en/reports/s… #Kuwait #EconomicReform #KuwaitVision2035 #FiscalReform #Marmore