01 July 2025
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GCC Markets - H1 in review

Strong performance amid a noisy macro backdrop

By Edward Bell

At the half-way point of the year, MENA markets have shown considerable resilience amid a difficult global macro environment. The threat of US tariffs disrupting the outlook for the global economy, geopolitical volatility in the Middle East and uncertainty around interest rate policies from the Fed amid other dynamics have all formed a noisy backdrop for the performance of GCC assets.

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Written By

Edward Bell Acting Group Head of Research and Chief Economist


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