



Richard M Banks
972 posts

@RichardMBanks
Trying to make sense of the new economic and investment environment. MENA a speciality, innovation a passion.









In case you missed it this weekend! Check out the full article below:


Saudi Arabia’s largest lender by assets, NCB, is exploring a deal to acquire rival Samba in what could become the banking industry’s biggest deal this year bloomberg.com/news/articles/… via @markets @Dnair5 @ak_mna




So if this erupts it might disrupt the lifted travel bans like the 2010 E15 eruption, can see it now, a possible future geography exam question “How did a volcanic eruption in Iceland reduce the spread of coronavirus in Europe?” independent.co.uk/news/world/eur…







IMF behind the curve but getting closer to reality: Middle East and Central Asian economies projected to contract -4.7%, from -2.8% forecasts in April. Saudi Arabia set to shrink -6.8% from 2.3%. US/European forecasts worrisome! via @MDerhally thenational.ae/business/econo…

