StandardsAboutContact
The Gulf Tape
  1. Global Macro

    EIA Lifts 2026 Brent Forecast to $91.01 on Prolonged Middle

    The U.S. Energy Information Administration raised its full-year 2026 Brent estimate by more than $4 a barrel, citing Middle East export constraints that have persisted longer than expected and drained global inventories by an estimated 400 million barrels this year.

  2. Sovereign & Institutional Flows

    Mubadala's $1 Billion Luckin Coffee Bet Is a Stake

    Abu Dhabi's Mubadala is buying into Luckin Coffee by acquiring existing Centurium Capital shares through a new joint vehicle, not injecting fresh capital into the coffee chain — a Schedule 13D/A that Centurium Holdings Ltd. filed with the SEC on September 9, 2026 shows the underlying share purchase closed four days earlier, one day before the deal's public announcement. The roughly $1 billion transaction touches no Gulf index; it is a private-markets bet on China's consumer sector.

  3. Flows

    UAE Commits €40bn ($46bn) to Germany

    A joint declaration signed in Berlin sets Abu Dhabi's investment pledge to Germany at €40 billion, more than double the roughly €34 billion already deployed, spanning data centres, industry and energy. Twenty-nine business-to-business agreements worth over €9 billion were signed alongside it.

  4. Deals & Flows

    BlueFive Capital Closes 30% Stake in Bugatti Rimac

    Abu Dhabi's BlueFive Capital has taken a 30% equity position in Bugatti Rimac, bought directly from Porsche AG, becoming the venture's second-largest shareholder behind Rimac Group. The purchase closes out a Porsche divestiture first announced in April 2026.

  5. Sovereign & Institutional Flows

    UAE's BRICS Delegation Traces to a 2021 Development-Bank

    Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed leads the UAE to the 18th BRICS Summit in New Delhi on an institutional footing set in September 2021, when the UAE was admitted to the bloc's New Development Bank - more than two years before Abu Dhabi's January 2024 full BRICS membership.