Trump's $100B AI Pact; Aramco's Oil Outlook | Horizons Middle East & Africa 01/22/2025
January 22, 2025
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1:33:11Now PlayingTrump's $100B AI Pact; Aramco's Oil Outlook | Horizons Middle East & Africa 01/22/2025
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as posted by the channelUS President Donald Trump unveiled an initiative called "Stargate" aimed at speeding US development of AI. Also on the show: Saudi Aramco's CEO says China is still powering growth in global oil demand; oil fluctuating after President Trump revived his threat of tariffs on China, raising concerns over trade wars on several fronts; BNY President and CEO, Robin Vince, says artificial intelligence is going to have a fundamental impact on the world; MTN Nigeria's shares have surged 10% after the Nigerian government raised telecommunications tariffs by 50%; UAE economy minister has expressed concern the EU is keeping it on a blacklist of countries with deficiencies tackling money laundering and terrorism financing; Israel's Central Bank Governor says the country could see higher economic growth than forecast, if the ceasefire between Israel and Hamas paves the way to a more sustainable regional arrangement; JPMorgan says it has deployed teams working overtime to analyze the impact of the early outlines of the policy shift under US President Donald Trump; following a recent trade pact between Kenya and the UAE, Zambia is looking to deepen ties with oil-rich Gulf nations. Guests include: Simona Mocuta, State Street Global Advisors, Chief Economist; Amin Nasser, Aramco, CEO; Isaac Poole, Ascalon Capital, Chief Investment Officer; Runa Alam, DPI, Co-founding Partner & CEO.
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.
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