​Gulf weekly: Aramco is a go, central banks mirror Fed, PMs quit in Lebanon and Iraq

GULF COUNTRIES - Report 03 Nov 2019 by Justin Alexander

Economically the regional focus was on Saudi Arabia this week as Aramco formally announced its IPO, the annual Future Investment Initiative conference drew in executives and world leaders and new fiscal data was released. Meanwhile, political turmoil continued in the periphery, with protests bringing down the PMs in both Lebanon and Iraq. Gulf central banks, including Kuwait for the first time, mirrored the Fed’s rate cut.

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