Global stocks rebounded from a two-day loss after Micron Technology’s blowout sales forecast rekindled investor confidence in the artificial-intelligence trade. Also on the show: US Secretary of State Marco Rubio met leaders of the UAE and Kuwait to reassure Persian Gulf allies of the strength of an interim peace agreement with Iran; Brent oil erased all of its wartime gains after flows through the Strait of Hormuz ramped up following progress on a US-Iran peace deal; Dubai Holding is exploring an investment in Hscale, a private equity-backed data center builder, as it seeks to grow its European portfolio; Dangote Petroleum Refinery IPO has sparked an investor frenzy across Nigeria. Guests include: Aarthi Chandrasekaran, Shuaa Capital Public Markets Head; Farouk Soussa, Goldman Sachs MENA Senior Economist Global Investment Research; Yasseen Mansour, Palm Hills Development Chairman and Group CEO.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 – Introduction
00:02:14 – Stocks get a boost from Micron outlook
00:05:37 – Aarthi Chandrasekaran, Shuaa Capital
00:11:07 – Rubio meets Gulf leaders
00:14:22 – Brent oil erases wartime gains
00:19:19 – Dubai Holding weighs stake in Hscale
00:28:54 – Farouk Soussa, Goldman Sachs
00:36:17 – Yasseen Mansour, Palm Hills Development
00:42:08 – Dangote IPO sparks investor frenzy
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