Middle East & North Africa Economics

Middle East Chart Book

17 May, 2018

Markets tumble with Iran’s nuclear deal on the brink

Financial markets in the Middle East & North Africa have underperformed those in the rest of the emerging world over the past week following President Trump’s decision to pull the US out of the Iran nuclear deal. Equity markets have been the hardest hit, with the MSCI Arabian Markets down by 1%. There are already signs that, with the US set to re-impose nuclear-related sanctions on Iran, firms are beginning to head for the exit. That will lend support to hardliners in Tehran who have long opposed

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