US negotiators end their meeting with China in Sweden, saying there’s no firm agreement to extend the tariff truce. Also on the show: the Fed is expected to keep rates on hold, despite Trump’s pressure for a cut; Prime Minister Keir Starmer, says the UK will recognize Palestine in September unless Israel agrees to a ceasefire in Gaza; Somaliland is stepping up its campaign for US Recognition; Saudi Arabia seen far from ending reliance on oil; HSBC announces $3B buyback as 2Q profit misses estimates. Guests include: Mehvish Ayub, Bank of Singapore, Head of Managed Solutions Advisory Dubai; Monica Malik, Abu Dhabi Commercial Bank, Chief Economist.
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
00:06:03 – Trump to decide on US-China trade truce extension
00:09:32 – Mehvish Ayub, Bank of Singapore, Head of Managed Solutions Advisory Dubai
00:16:16 – UK to recognize Palestine unless Israel stops war
00:20:05 – Somaliland offers the US a military base
00:26:02 – Saudi Arabia far from ending reliance on oil
00:30:07 – Monica Malik, Abu Dhabi Commercial Bank, Chief Economist
00:40:00 – HSBC 2Q profits misses estimates
00:43:16 – Fed set to avoid clear signal on rate-cut timing
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