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It’s full steam ahead for the GCC’s AI infrastructure race
Full steam ahead for GCC AI race | Israel’s Bezeq goes after Egypt data corridor dominance | Graduation day for Saudi sukuk
Friday, 15 May 2026
A lot of infrastructure + tech to send you off into the weekend
Plus: It could take up to five years for Qatari LNG exports to ramp up to prewar levels just based on the lead time to procure replacement parts for damaged infrastructure
Today at a Glance
News
Modi to visit UAE, skipping the rest of the Gulf, as part of five-country tour
Plus: No summer salvation for Lebanon
Lebanon’s tourism industry is holding the line with a narrow window to rescue the season
Despite record-low occupancies, business owners are resisting layoffs to avoid a permanent brain drain of hospitality talent
Banking
Finance
Business
Saudi salary premium is shrinking as the Saudi-UAE talent war matures
The shift is likely driven by the scaling back of…
Indian banks halt new GCC lending over worries of extended regional instability
While Gulf capital continues to flow into Indian assets, Indian lenders SBI and PNB are pulling back
Sovereign funds
Oman mulls a joint investment fund with Kazakh sovereign
Plus: Al Habtoor-Lebanon dispute escalates as the investor sues for…
More Trojena contracts scrapped
What we’re tracking this morning regionally and around the world
Infrastructure
Real estate
Scorecard
Tech
Energy
MENA+ earnings in 1Q 2026 paint a very mixed (and still incomplete) picture of the war’s impact
Plus: Grocery retailers also had a mixed 1Q, while flynas’ bottom line was weighed down despite higher capacity boosting revenues
Can high-quality oil reserves and a massive reconstruction opportunity draw global investors to Libya?
The oil & gas sector is receiving most of this attention, and how well…
GCC countries face USD bns in foregone energy revenues — and it’s a boon for Algeria
With Brent rising above the USD 100 mark, the North African country is looking…
