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Bloomberg

Gidoomal: No Marked Liquidity Squeeze in Saudi Arabia

Banks across the region report their 2Q results this week. Geopolitical risk and oil prices are reshaping the GCC's investment and banking outlook, with Bloomberg Intelligence saying the Iran war is likely to weigh on FDI into next year. Sam Gidoomal, Managing Director & Middle East Head of Financial Services at Alvarez & Marsal spoke to Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa on the likelihood of the US-Iran war having an impact on these earnings.

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Bloomberg

McBurney: Trump Less Inclined for Iran Ground Invasion

Fighting intensified between US & Iran for a ninth straight day with the death of a third US troop in two days. Tehran says it will no longer adhere to the terms of the peace deal, while President Trump says the conflict is about ending Iran's nuclear ambitions. Niamh McBurney, Director at Control Risks told Bloomberg's Jennifer Zabasajja on Horizons Middle East and Africa, President Trump is still open for negotiations.

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Bloomberg

Burnham to Take Over as UK Prime Minister

Andy Burnham is set to become the UK's seventh prime minister in just over a decade. Burnham's arrival at 10 Downing Street will complete an ascent for a Labour veteran and twice-defeated leadership contender who was serving as the mayor of Greater Manchester outside Parliament and with no obvious route to national power until less than 10 weeks ago. Bloomberg Opinion's Rosa Prince breaks down the situation and its significance. Her views are her own.

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Bloomberg

AI Pioneer Lee's Startup Eyes Hong Kong IPO Next Year

Artificial Intelligence Pioneer Kai-Fu Lee's Chinese AI startup is pushing ahead with plans to raise funds before an initial public offering in 2027. 01.AI is a company that develops open-source AI models, and Lee says its 'financial numbers are ready right now, but it's a matter of going through the process'. He speaks with Minmin Low from the sidelines of 'The 2026 World AI Conference' in Shanghai.

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Bloomberg

Moonshot's Kimi K3 Model Surprises Wall Street and Silicon Valley

George Chen, Partner and Digital Practice Chair at The Asia Group, discusses his outlook for China's strategy for AI development, as players like Moonshot AI release models that are more advanced open-weight, that can outperform all rivals except for Anthropic's Claude Fable and OpenAI's GPT-5.6 on overall capability. He speaks on the sidelines of the World AI Conference in Shanghai on "Bloomberg: The Asia Trade".

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