Weekly Market Wrap
21st August 2026

Market Developments The rise in long-term US Treasury yields was the main market development this week. The gross federal debt crossed $40 trillion on 18 August, made up of $32.3 trillion held by the public and $7.8 trillion of intragovernmental holdings, reached roughly five months after the $39 trillion mark in March. The 10-year Treasury […]

Weekly Market Wrap
14th August 2026

Market Developments Global risk assets consolidated near record highs as softer-than-expected July inflation data reduced the near-term case for Fed tightening, while renewed Middle East tensions pushed oil sharply higher. The S&P 500 gained 0.4% and the Nasdaq added 1.1%, while the Dow declined by 0.6%. July headline CPI eased to 3.4% from 3.5%, producer […]

Weekly Market Wrap
7th August 2026

Market Developments The US equities extended their advance for a second straight week, with the S&P 500 (+3.6%), NASDAQ (+5.1%) and Dow (+3.0%) reaching fresh record highs as the market broke out of its three-month trading range. The catalyst was reduced pressure on the Fed to raise rates, with July payrolls coming in well below […]

Weekly Market Wrap
31st July 2026

Market Developments US equities ended higher despite volatility around the Fed’s July meeting, with the S&P 500 and Dow each gaining 1.0% to fresh highs on resilient Q2 earnings. The Fed held rates at 3.50–3.75% for a fifth straight meeting, though a 9–3 vote highlighted growing hawkish dissent over sticky inflation, pushing the 30-year Treasury […]

Weekly Market Wrap
24th July 2026

Market Developments US equities booked a second consecutive weekly decline (S&P 500 -0.6% to 7,411.98; Nasdaq -1.6% to 24,975.82), while the Dow’s marginal Friday gain still left it -0.4% on the week and on a third straight losing streak. Second-quarter earnings highlighted a more selective market. Alphabet’s cloud revenue surged 82% YoY, but shares were […]

Weekly Market Wrap
17th July 2026

Market Developments US equities retreated in the week as a sharp rotation out of AI and semiconductor stocks outweighed supportive macroeconomic data. The S&P 500 fell 1.6% and the Nasdaq declined 4.1%, led by weakness in Information Technology, while Financials and Healthcare outperformed. Although June CPI fell 0.4% month-on-month, reducing expectations of a July Fed […]

Weekly Market Wrap
10th July 2026

Market Developments US equities ended the week mixed as a late rally in semiconductor and AI-related stocks lifted the S&P 500 (+1.2% to 7,575.4) and Nasdaq (+1.7%), offsetting earlier weakness driven by renewed US-Iran hostilities and higher oil prices. The Dow Jones declined 0.5% to 52,637.0, with value stocks and small caps underperforming. Markets also […]

Weekly Market Wrap
3rd July 2026

Market Developments Global equities advanced over the holiday-shortened week as weaker-than-expected June US labour market data reduced expectations of a near-term Federal Reserve rate hike. The S&P 500 gained 1.8% to 7,483.2, the Dow rose 2.0% to a record 52,900.1, while the Nasdaq underperformed with a 0.7% gain following recent strength in AI and semiconductor […]

Weekly Market Wrap
26th June 2026

Market Developments Equity markets pulled back as the AI and semiconductor rally driving most of 2026’s gains lost momentum: the S&P 500 fell 2.0% and the Nasdaq 4.2%, while the Dow added 0.6%, consistent with a rotation out of crowded tech positions. Asia saw a sharper version of the same move, with South Korea’s KOSPI […]

The UAE’s Next Tax-Technology Shift – E-Invoicing

The business invoice has always looked like paperwork. In the UAE, it is now becoming infrastructure. For years, businesses created invoices as PDFs, emailed them, filed them, reconciled them later and pulled them out when auditors asked. The UAE’s e-Invoicing mandate changes that flow. It moves invoicing from a document-based process to a data-led process. […]