A global selloff in stocks extends into a fourth day as investors shift away from riskier assets amid lingering uncertainty over interest rates and tech earnings. Also on the show: Bloomberg’s inaugural Africa Business Summit kicks off in Johannesburg; Emirates is doubling down on Boeing by placing a major order for 65 planes; a host of African central banks are set to respond to easing inflation by cutting interest rates at their final policy meetings of the year; "Baby Shark" creator jumps as much as 60% from IPO price at open. Guests include: Karen E. Young, Columbia University, Senior Research Scholar at the Center on Global Energy Policy; Mohammed Akoojee, DP World, CEO and Managing Director for Sub-Saharan Africa; Emrie Brown, Rand Merchant Bank, CEO; Hassan ElKhatib, Egypt Investment & Foreign Trade Minister.
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
00:04:24 – Wall Street shuns risks ahead of Nvidia, jobs report
00:08:25 – Karen E. Young, Columbia University, Senior Research Scholar at the Center on Global Energy Policy
00:15:38 – Emirates order gives Boeing early edge over Airbus
00:18:28 – African central banks set to cut rates
00:27:13 – Mohammed Akoojee, DP World, CEO and Managing Director for Sub-Saharan Africa
00:33:27 – Emrie Brown, Rand Merchant Bank, CEO
00:36:22 – Hassan ElKhatib, Egypt Investment & Foreign Trade Minister
00:43:24 – ‘Baby Shark’ creator Pinkfong surges in Seoul trading debut
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