Wall Street futures and Asian stocks rose as the US and China claimed progress on trade talks in Switzerland. Meanwhile Saudi Arabia is gearing up to welcome US President Donald Trump who begins his official tour of the Middle East. Saudi Aramco profits have declined on the back of lowering crude oil prices. Bank of America says Sub-Saharan Africa is seeing an investment slowdown, as the cost of debt rises. And, a candidate to run the African Development Bank says President Trump’s plan to cut funding, will have outsized repercussions. Guests include: Tim Adams, Institute of International Finance, President & CEO, Dalia Fahmy; Long Island University Director of International Relations and Diplomacy & Associate Professor of Political Science; and Nicholas Gleeson, CFO of ADNOC Logistics & Services.
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
00:02:48 – US China hold talks in Switzerland
00:07:34 – Tim Adams, Institute of International Finance, President & CEO
00:14:39 – Dalia Fahmy, Long Island University Director of International Relations and Diplomacy & Associate Professor of Political Science
00:21:01 – Yvonne Ike, Bank of America, Head of Sub-Saharan
00:26:09 – Impact of President Trump’s funding cuts on Africa
00:32:35 – Saudi Arabia gears up for Trump visit
00:38:38 – Saudi Aramco profits decline
00:43:34 – Nicholas Gleeson, CFO of ADNOC Logistics & Services
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