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XPT Wealth
@xptwealth.bsky.social
We help internationally mobile Europeans build robust financial plans aligned with their values for a sound financial future.

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#Trump announced he would reinstitute a maximum pressure campaign on #Iran and force its oil exports to zero.

“The oil market has not moved substantially since this was announced, which indicates that it was already expected and priced in”

#OPEC

www.thenationalnews.com/business/ene...
How could Trump's maximum pressure campaign against Iran affect Opec cuts? | The National
US President says he wants to bring Tehran's oil exports down to zero
www.thenationalnews.com
February 11, 2025 at 10:33 AM
>A spiraling trade war could weigh on oil prices

>Benefits could accrue if #GCC an offshoring hub or metals exporter

>Some countries like #Saudi may be sheltered from tariff threats due to good relations with #Trump
February 9, 2025 at 5:29 PM
“The #UK ’s economic fragility and global turmoil from President Donald #Trump ’s trade wars have given increased impetus for Britain to reach a free trade agreement with the Gulf Cooperation Council #GCC

www.arabnews.com/node/2589138...
Why pressure is growing to finalize UK-GCC free trade agreement
LONDON: The UK’s economic fragility and global turmoil from President Donald Trump’s trade wars have given increased impetus for Britain to reach a free trade agreement with the Gulf Cooperation Counc...
www.arabnews.com
February 9, 2025 at 4:56 PM
“Oil prices rose after new sanctions were imposed on Iran but on track for a third straight week of decline, hurt by US renewed trade war on China and threats of tariffs on other countries”

www.arabnews.com/node/2589335...
Oil Updates — crude set for 3rd straight weekly decline amid tariff concerns
LONDON: Oil prices rose on Friday after new sanctions were imposed on Iran’s crude exports but were on track for a third straight week of decline, hurt by US President Donald Trump’s renewed trade war...
www.arabnews.com
February 8, 2025 at 2:56 PM
The #GCC banking sector boasts exceptionally high ROE and some of the largest multiples worldwide. The regional financial sector has yielded healthy returns to shareholders over the past decade, outperforming the global average

www.mckinsey.com/industries/f...
The state of GCC banking: An exceptional operating environment
Gulf Cooperation Council (GCC) banks enjoyed an extraordinarily successful 2023 and are poised for a strong 2024.
www.mckinsey.com
February 8, 2025 at 2:09 PM
“The surge in [ #GCC] debt issuance is set to be driven by nearly $23 billion in maturing debt, lower US dollar interest rates, and strong regional credit demand, particularly in #Saudi Arabia and the #UAE

www.arabnews.com/node/2587536...
GCC banks to issue over $30bn in US dollar debt in 2025: Fitch Ratings
RIYADH: Gulf Cooperation Council banks are projected to issue over $30 billion in US dollar-denominated debt in 2025, following a record $42 billion in 2024, Fitch Ratings said in a new report. The su...
www.arabnews.com
February 8, 2025 at 1:59 PM
#Fitch: “ #Saudi Arabia's ratings reflect strong fiscal and external balance sheets, and significant fiscal buffers. Oil dependence, low governance indicators and vulnerability to geopolitical shocks have improved but remain relative weaknesses”

www.fitchratings.com/research/sov...
www.fitchratings.com
February 8, 2025 at 4:07 AM
"The #Saudi PMI for January was exceptionally strong, the highest since September 2014. This strong performance underscores the resilience of the non-oil private sector, fueled by surging new orders and a significant rise in business output"

gulfnews.com/business/eco...
Saudi non-oil businesses just had their best year in a decade as orders pour in
Forecasts are for private sector activity to stick with higher growth rates
gulfnews.com
February 7, 2025 at 6:28 PM
" #Saudi Arabia's labor market has undergone a remarkable transformation under #Vision2030. More than 2.2 mn Saudis entered private sector workforce, driven by national skilling programs [and] the rise in female workforce participation, which exceeded 36% last year"

gulfnews.com/business/ana...
Saudi Arabia is reshaping its labour market – and getting results
Eliminating forced labour and bringing in wage protection system is all part of change
gulfnews.com
February 7, 2025 at 6:25 PM
#UAE will invest between €30 billion and €50 billion to build #Europe’s largest AI data centre in #France. Part of a broader AI agreement between the two nations, the project will serve as the core of a new AI campus” #GCC

www.france24.com/en/europe/20...
UAE to invest billions in France AI data centre
The UAE will invest between €30 billion and €50 billion to build Europe’s largest AI data centre in France, the French presidency announced Thursday. Part of a broader AI agreement between the two nat...
www.france24.com
February 7, 2025 at 12:47 PM
#Dubai ’s economy is in a strong position to record faster growth in 2025, even amid a larger base and increased external uncertainties. Ongoing reforms and targeted investment has made Dubai a more attractive destination for investment” #UAE

www.emiratesnbdresearch.com/en/articles/...
Dubai GDP Q3 2024 | Emirates NBD Research
Dubai GDP Q3 2024
www.emiratesnbdresearch.com
February 7, 2025 at 11:49 AM
“Financial markets in the #GCC ended Jan on a positive note, with the telecom, banking, pharma and retailing sectors bolstering indices. S&P GCC Index up 3%, MSCI World was up 3.5%. Indices were buoyed by positive investor sentiment, with telecoms and banks leading”

www.zawya.com/en/capital-m...
Blue chip, banking stocks propped up GCC indices in January
Most indices posted gains of up to 5.7%
www.zawya.com
February 7, 2025 at 11:46 AM
#Dubai’s real estate market has kicked off 2025 with a strong start, marking a significant year-on-year rise in property sales” #UAE #GCC

gulfbusiness.com/dubai-proper...
Dubai: Property sales hit Dhs44.4bn in Jan
Dubai land sales show the biggest increase, as 14,236 overall transactions underline city as prime destination for property investment
gulfbusiness.com
February 7, 2025 at 10:10 AM
“Strong economic growth continues, underpinned by robust domestic activity. Although the outlook is subject to heightened global uncertainty, ongoing reform efforts are expected to support medium-term growth and energy transition” #UAE #IMF #GCC

www.imf.org/en/News/Arti...
IMF Staff Concludes Visit to United Arab Emirates
Strong economic growth continues, underpinned by robust domestic activity. Although the outlook is subject to heightened global uncertainty, ongoing reform efforts are expected to support medium-term ...
www.imf.org
February 7, 2025 at 9:22 AM
#Saudi Arabia is an important economic and financial partner for the United States, but the dimensions of actual and potential Saudi investments and trade with the United States are currently being exaggerated”

agsiw.org/distinguishi...
Distinguishing Myth From Reality: Saudi Arabia’s Trade and Investment With the United States
Saudi Arabia is an important economic and financial partner for the United States, but the dimensions of actual and potential Saudi investments and trade with the United States are currently being …
agsiw.org
February 7, 2025 at 8:31 AM
#Saudi Arabia's energy minister and severa #OPEC + counterparts held talks following #Trump 's call for lower oil prices. OPEC unlikely to adjust its current plan to start raising output from April”

#OilPrice #GCC

www.reuters.com/business/ene...
Saudi, other OPEC+ ministers meet after Trump calls for lower oil price
Saudi Arabia's energy minister and several of his OPEC+ counterparts have held talks following U.S. President Donald Trump's call for lower oil prices and ahead of a meeting next week of OPEC+ oil-producing countries, according to official statements and sources.
www.reuters.com
February 7, 2025 at 8:13 AM
#GCC equity markets have witnessed a recent slowdown in net foreign investor inflows with January numbers slipping”

www.zawya.com/en/capital-m...
Foreign investors adopt a measured approach to GCC equity markets
Saudi Arabia dominates while UAE slows down, signalling investors are becoming more valuation-sensitive, say Iridium Advisors
www.zawya.com
February 7, 2025 at 6:21 AM
“The #Gulf Cooperation Council #GCC countries have successfully weathered recent turbulence in the Middle East, and their economic prospects remain favorable”

www.imf.org/en/Publicati...
Gulf Cooperation Council: Pursuing Visions Amid Geopolitical Turbulence: Economic Prospects and Policy Challenges for the GCC Countries
The Gulf Cooperation Council countries have successfully weathered recent turbulence in the Middle East, and their economic prospects remain favorable. Nonhydrocarbon activity has been strong amid ref...
www.imf.org
February 7, 2025 at 4:07 AM