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Bloomberg
Financial

Kennerly: Ultra Wealthy See Long-Term Mideast Gains

Despite heightened uncertainty across the region, a new report from Savills finds that Abu Dhabi and Dubai continue to rank among the world's leading wealth destinations. The report evaluates more than 100 global locations on how well-placed they are to attract the next generation of wealth. Rachael Kennerley, Director of Research at Savills Middle East spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa.

Read more: Kennerly: Ultra Wealthy See Long-Term Mideast Gains
Bloomberg
Financial

MCB CEO: Growth Fueled by Current Oil Market Demand

Mauritius Commercial Bank reported an increase in net interest income for the full year that's as geopolitical tensions are driving up oil & gas prices. Jennifer Zabasajja, Bloomberg's Chief Africa Correspondent spoke to Thierry Hebraud, CEO of Mauritius Commercial Bank on the earnings and the formation of the new Africa Credit Ratings agency.

Read more: MCB CEO: Growth Fueled by Current Oil Market Demand
Bloomberg
Financial

EU Takes Harder Line on China's Trade Gap

The European Union is taking a more assertive approach to China as the bloc's trade chief, Maros Sefcovic, heads into two days of negotiations in Beijing. The EU is preparing safeguards to limit imports of Chinese hybrid cars after their sales surged in Europe, which may be seen as an escalation. Bloomberg's Minmin Low and Oliver Crook break down the situation.

Read more: EU Takes Harder Line on China's Trade Gap
Bloomberg
Financial

EU Striking Harder Line on China's Trade Gap

The European Union is striking a more assertive approach to China as the bloc's trade chief, Maros Sefcovic, heads into two days of negotiations in Beijing. The EU is preparing safeguards to limit imports of Chinese hybrid cars after their sales surged in Europe, which may be seen as an escalation. Bloomberg's Minmin Low and Oliver Crook break down the situation.

Read more: EU Striking Harder Line on China's Trade Gap