MENA Equity Research: MENA high frequency recovery indicators

Research evidence excerpt

MENA Equity Research: MENA high frequency recovery indicators

Powered by Lab Global18 JuneResearch2026ab Evidence UBS YES

MENA Equity Research Equities

EMEA EmergingMENA high frequency recovery indicators

Financial

Jon Peace

We consolidate a heat map of MENA market activity Analyst

In this note, we use UBS Evidence Lab data to track a number of high frequency metrics jon.peace@ubs.com

in the MENA region. By following weekly data such as real estate transactions, shipping +44-20-7567 0638

and airline flow, hotel occupancy rates, traffic volume and certain app usage (such as Luis Schmidt

home delivery, e-commerce and payments), we can potentially gauge the speed of Associate Analyst

recovery from disruption in the underlying economy which has weighed quite heavily on luis.schmidt@ubs.com

certain sectors (such as Real Estate companies). +44-20-7567 0847

Alexander Estefanous, CFA

Latest data shows lower real estate transactions in Dubai with other metrics Analyst

stable overall. alex.estefanous@ubs.com

+44-20-7567 0508

Latest data prior to the memorandum of understanding between the US and Iran shows

Dubai real estate transactions lower, traffic congestion flat, while hotel occupancy and Ulyana Lenvalskaya

international arrivals lower after the holiday period. Vessel traffic and Hormuz crossings Associate

have not improved. Saudi remains less disrupted than MENA peers. ulyana.lenvalskaya@ubs.com

+971-443-64776

Dubai real estate: sale and rental transactions at -30% and -17% (vs -20% and Anna Kishmariya

-9% the prior week) in the 7-day average to 17 June, versus the Feb 2026 average; Analyst

anna.kishmariya@ubs.com

Air capacity: from Europe at -29% (vs -24% the prior week) as of 15 June;

+44-20-7568 7999