This week in MENA "19 June 2026" Peace

Research evidence excerpt

This week in MENA "19 June 2026" Peace

Global Research

19 June 2026ab

This week in MENA Equities

EMEA Emerging19 June 2026

Financial

Jon Peace

UAE leads both broader market Index and Saudi Analyst

A majority of the emerging markets were up this week after the memorandum of jon.peace@ubs.com

understanding between the US and Iran. UAE was up (+7.7%) leading both MSCI EM +44-20-7567 0638

Index (+4.3%) and Saudi (+1.1%). Oil price was down 8.6% to $79.85. Most Ulyana Lenvalskaya

MENA sectors ended positive, with Real Estate and Transport the strongest performers, Associate

and Energy and Consumer Staples the least so. ulyana.lenvalskaya@ubs.com

+971-443-64776

Macro news and research Alexander Estefanous, CFA

Global Oil and Gas: US-Iran deal agreed. Analyst

alex.estefanous@ubs.com

Middle East oil markets weaken on optimism over increased supply. (BBG) +44-20-7567 0508

Saudi housing sector cools as buyers wait for better times. (AGBI) Thando Skosana

Analyst

Projects awarded in Saudi Arabia hit $8bn in May. (AGBI) thando.skosana@ubs.com

+44-20-7568 6457

Saudi, Qatar add district cooling assets to Gulf deals pipeline. (BBG)

Luis Schmidt

UAE’s 2025 tax revenue increases 15%. (AGBI) Associate Analyst

luis.schmidt@ubs.com

UAE strengthens position as Oman’s top trading partner. (AGBI) +44-20-7567 0847

Sharjah commits $200m to ease road congestion towards Dubai. (AGBI) Anna Kishmariya

Abu Dhabi tells buyers to load oil shipments from inside Hormuz. (BBG) anna.kishmariya@ubs.com

+44-20-7568 7999

Company news and research

Henri Patricot, CFA

MENA Equity Research: Valuation update post Iran MOU. Analyst

MENA Equity Research: MENA high frequency recovery indicators. henri.patricot@ubs.com

+33-14-888 3033

Michael Christelis, FIA CFA

michael.christelis@ubs.com

+27-11-322 7320