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Gulf markets remain volatile but resilient

Gulf markets remain volatile but resilient

The September 2026 report revealed that the Gulf stock markets managed to withstand rising interest rates, geopolitical tensions, and oil price fluctuations, despite the MSCI Gulf index declining by 3.5% during the month, marking the largest monthly drop since November 2025. Performance varied across markets, with the UAE recording notable gains in Dubai and Abu Dhabi, while Saudi Arabia experienced the largest decline of 6.2% due to tensions and unrest. Additionally, Bahrain's real estate sector rose by 12.3%, making it the only sector to show growth among market sectors in September, whereas the Qatar market fell by 5.7%. The data indicates that the performance of Gulf markets remains diverse, with some sectors continuing on clear growth trajectories, such as Bahrain's real estate sector and record trading levels in Kuwait.

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