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Oil prices jumped as Middle East tensions escalated, with Brent briefly topping $80 amid fears of supply disruption. Brent traded near $79 and WTI above $72, with analysts warning prolonged instability could push prices toward $100 despite planned OPEC+ output hikes.

Clock02/03/2026

Gulf stock markets traded cautiously as escalating Middle East tensions. Saudi Arabia’s index fell 0.3%, Abu Dhabi slipped 0.2%, and Qatar’s benchmark dropped 0.5% to its lowest level in more than six years, while Dubai’s market remained broadly flat. Meanwhile, Brent crude fell 2.08% to $107.57 a barrel.

Jordan will repurchase all bonds tendered under its offer for part of its outstanding $1 billion 5.75% notes due in 2027, after investors submitted $396.2 million in bonds for buyback. Settlement was scheduled for October 16, 2026, with Citigroup Global Markets acting as dealer manager.

Egypt’s net international reserves rose by $5.9bn in the first nine months of 2026, reaching $57.35bn in September, supported by stronger foreign currency inflows and banking sector assets.

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Strong family financial planning can help reduce taxes and support younger generations. From intrafamily loans and asset gifts to inheritance disclaimers, strategic cooperation can create meaningful financial benefits—when families have the trust and structure to make it work.

Clock09/10/2026
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