Short answer
Gulf M&A doubles, a Qatar–India remittance link launches, and UAE ships are hit in the Strait of Hormuz.
Key facts
- UAE ships struck: UAE ships were attacked in the Strait of Hormuz and brought under control, per official UAE agency WAM, as US Treasury Secretary Bessent warned of unprecedented economic measures against Iran.
- Qatar Post launches: Qatar Post unveiled a direct remittance corridor to India on the occasion of India's 80th Independence Day, targeting the Gulf's largest expat remittance-sending community.
- Gulf M&A doubles: State-backed investors drove Gulf M&A values to $25 billion in Q2 2026, more than doubling the same period last year, signalling a sharp rebound in regional capital deployment.
The big picture
Gulf M&A doubles, a Qatar–India remittance link launches, and UAE ships are hit in the Strait of Hormuz.
Why it matters
Hormuz tensions directly threaten oil revenues and currency stability that anchor GCC pegs. The Qatar–India remittance corridor affects the single largest expat sending bloc in the Gulf.
The details
Il Sole 24 ORE
UAE ships struck: UAE vessels hit in Strait of Hormuz as US threatens Iran sanctions. UAE ships were attacked in the Strait of Hormuz and brought under control, per official UAE agency WAM, as US Treasury Secretary Bessent warned of unprecedented economic measures against Iran.
Read at Il Sole 24 ORE ->
Gulf Times
Qatar Post launches: Qatar–India remittance link goes live, boosting financial inclusion. Qatar Post unveiled a direct remittance corridor to India on the occasion of India's 80th Independence Day, targeting the Gulf's largest expat remittance-sending community.
Read at Gulf Times ->
The Arab Weekly
Gulf M&A doubles: GCC deal-making hits $25bn in Q2 2026, more than double a year earlier. State-backed investors drove Gulf M&A values to $25 billion in Q2 2026, more than doubling the same period last year, signalling a sharp rebound in regional capital deployment.
Read at The Arab Weekly ->
What to watch
Money20/20 Middle East — hosted by SAMA, CMA, and the Insurance Authority — convenes in Riyadh from 14–16 September 2026; expect regulatory signals on open banking and fintech licensing.
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