MACRO
BRENT—WTI—NAT GAS—GOLD—SILVER—PLATINUM—PALLADIUM—GOLD/SILVER—COPPER—GASOLINE—COCOA—OJ—CANOLA—S&P 500—NASDAQ—DXY—FED RATE—BTC—TASI—DFM—ADX—BRENT—WTI—NAT GAS—GOLD—SILVER—PLATINUM—PALLADIUM—GOLD/SILVER—COPPER—GASOLINE—COCOA—OJ—CANOLA—S&P 500—NASDAQ—DXY—FED RATE—BTC—TASI—DFM—ADX—

Markets are underpricing the risk of Middle East pullback in AI, says tech investor Jack Selby

May 1, 2026·CNBC BusinessMarket Movers

Disclaimer

This news item is AI-rewritten from public sources for GCC context. For informational purposes only. Not investment advice, a solicitation, or a recommendation. Consult a licensed financial advisor before making any investment decision.

GCC CONTEXT

Global technology companies' exposure to Middle Eastern markets—particularly sovereign wealth funds and state-backed AI initiatives in the GCC—has expanded significantly over the past two years, creating concentrated capital flows into the region's digital infrastructure and venture ecosystems. Historical precedent suggests that shifts in Western tech firms' regional engagement, whether driven by geopolitical friction or strategic realignment, can create volatility in Gulf equities tied to telecommunications, financial technology, and emerging digital sectors that rely on international partnerships. The GCC's own AI ambitions, anchored in Saudi Arabia's Vision 2030 and UAE economic diversification plans, remain structurally dependent on sustained foreign technology investment and talent in

Read the full article at the original source:

Read at CNBC Business →︎
←︎ Back to all news