Trump Appoints Elon Musk; Greek PM at COP29 | Horizons Middle East & Africa 11/13/2024

President-elect Donald Trump has announced that Elon Musk and Vivek Ramaswamy will lead a new department designed to dismantle government bureaucracy. Also on the show: Qatar has named Mohammed Al Sowaidi as the CEO of its $510B sovereign wealth fund; investors have put in 131B riyals of orders for the IPO of a Saudi Arabian financial services firm; investors watch closely for US CPI data; unprecedented foreign exchange pressures and economic challenges throughout Africa have impacted MultiChoice’s earnings; Indian online food ordering company, Swiggy, starts trading; Israeli Defense Forces says it has destroyed the majority of the Hezbollah weapons storage and missile production facilities in the southern suburbs of Beirut; Nigeria is seeking a $5B trade facility from Saudi Arabia to shore up capital for its economic reform program; Bloomberg TV speaks to Greek Prime Minister Kyriakos Mitsotakis at COP29 in Baku, Bloomberg sources say the UK is now in the final stages of negotiating a free trade agreement with the GCC. Guests include: Ryan Bohl, RANE, Senior Middle East and North Africa Analyst; Rashmi Garg, Al Dhabi Capital, Senior Portfolio Manager; Ali Zaidi, US White House Climate Advisor; Kyriakos Mitsotakis, Greek Prime Minister; Calvo Mawela, MultiChoice, CEO.

00:00 Introduction
04:26 Trump says Musk, Ramaswamy to lead government efficiency effort
08:18 Ryan Bohl, RANE, Senior Middle East and North Africa Analyst
14:32 QIA names new CEO of $510B fund
18:32 Saudi finance firm IPO gets $35B in orders
27:00 Rashmi Garg, Al Dhabi Capital, Senior Portfolio Manager
33:00 MultiChoice blames interim loss on intense currency pressure
36:40 Fighting for climate cash at COP29
42:10 Swiggy’s $1.3B IPO starts trading
49:30 IDF says most Hezbollah arms facilities destroyed
53;30 Trump says Musk, Ramaswamy to lead government efficiency effort
58:26 Ali Zaidi, US White House Climate Advisor
01:06:05 Nigeria seeks $5B trade facility from Saudi
01:12:50 Kyriakos Mitsotakis, Greek Prime Minister
01:23:30 Calvo Mawela, MultiChoice, CEO
01:28:15 UK nears free trade agreement with GCC

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.
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