Mideast snapshot: Investors process Turkey quake fallout, Egypt's wild inflation and more
A look at some of the stories I'm watching as I start my day as Bloomberg's Doha-based Middle East TV correspondent. Your thoughts most welcome.
From the video:
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StanChart Is Still in Play as Abu Dhabi's FAB Explores $35 Billion Offer. A Bloomberg scoop details First Abu Dhabi's quiet plan -- codenamed Silver-Foxtrot -- to evaluate an acquisition of Standard Chartered. This morning, StanChart says there's no offer on the table, and it's restricted by UK and HK takeover rules.
Egypt Ready to Offer All Military-Affiliated Firms to Investors. Everything could be on the table, as the country revives a stalled plan to sell stakes in state-run companies. But will anyone want to buy them?
Commodities Bull Goldman Cuts Oil-Price Forecasts for 2023. The bank's analysts still believe Brent will get to $100/barrel, but have delayed that projection from mid-year to December. They lowered their demand forecasts and boosted production estimates for Russia and the US slightly.
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