Trump Tariff Threats Ramp Up; Israel Mulls Gaza Takeover | Horizons Middle East & Africa 8/6/2025

From Bloomberg Markets and Finance.

Stagflation fears.. Asian shares trading in narrow range after Wall Street wipes out gains as weak US services data fuels uncertainty over the Fed’s policy path. President Trump ramps up threats of new tariffs on countries buying energy from Russia as well as on chips and drugs. Israel is weighing a full military takeover of Gaza despite concern from defense chiefs and the likelihood of international opposition. Guests on the show include: Ann Sebastian, Terebinth Capital, Head of Equities; Peter van Driel, Adnoc Gas CFO; and Mohamed Farouk, Ades Group CEO.
(Corrects figures for Adnoc Gas earnings.)

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.

Chapters:
00:00:00 – Introduction
00:04:13 – Trump ramps up tariff threats on chips, drugs and buyers of Russian oil
00:08:56 – Ann Sebastian, Terebinth Capital, Head of Equities
00:15:39 – Israel considers full military takeover of Gaza
00:18:39 – Nedbank CEO seeking sale of Ecobank stake, focus on East & Southern Africa businesses
00:26:07 – Peter van Driel, Adnoc Gas CFO
00:35:20 – Mohamed Farouk, Ades Group CEO
00:42:15 – Aramco profit decline, lower dividend to hit Saudi budget
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