Farah ElBahrawy

Covering all things stocks at Bloomberg from Dubai 📈. Views are my own. Email: [email protected]

[Farah ElBahrawy @farahesque]

Abu Dhabi’s royal Al Nahyans emerge as the richest family in the world with a $300 billion fortune. @DevPend @BenBartenstein @NicolasParasie and myself tell the story here:
https://t.co/fhb8EPymCD

[Gregg Carlstrom @glcarlstrom]

Amazing chart here: the Abu Dhabi stock market is owned by ADQ, which is chaired by Tahnoon bin Zayed, and companies he controls make up 60% of the market cap on the bourse's benchmark index.

[Paul Wallace @PaulWallace123]

Sheikh Tahnoon bin Zayed, brother of the #UAE's president and the country's national security adviser, is emerging as one of the world's most influential dealmakers. He now oversees $1.5 trillion in assets. https://t.co/rz2VY0NEDi @BenBartenstein @AbeerAO1 @Adveith @farahesque

[Thyagu @Thyagu]

Bears morphing into bulls, or too late? The S&P 500 receives its most bullish outlook yet from Oppenheimer Asset Management https://t.co/dsbyEPY93V via @markets @farahesque

[Anthony DiPaola @A_DiPaola17]

Apple may be bigger but ⁦@aramco⁩ soaring dividend is unmatched and could get bigger by ⁦@farahesque⁩ https://t.co/OMZSlIRtoh

[Phil Serafino @PhilSerafino]

Soaring technology stocks run the risk of rallying too far, according to the manager of an outperforming equity fund that’s betting on stable international firms with strong profit growth https://t.co/gC8LElR4F2 via @technology @farahesque

[Alexandra Semenova @alexandraandnyc]

The approaching US earnings season is expected to be the gloomiest since the pandemic, according to Goldman Sachs Group Inc. strategists. via @farahesque @markets
https://t.co/CGNFVyfdeS

[Farah ElBahrawy @farahesque]

@tarekfad Phew, glad you clarified that last point Tarek. 😄

Very interesting thread!

[Tarekcoin👾 @tarekfad]

Is it time to switch into Saudi stocks? 🧵

In a competition among many bad choices the #Saudi stock market looks relatively better positioned to withstand the uncertainty of the next few months.

Here are TEN reasons to be tactically positive on #TASI relative to other markets:

[Ziad Daoud @ZiadMDaoud]

Back after a couple of months off Twitter

The most striking change in Mideast economies?
The slide of many currencies

4 examples:
Egypt's pound has weakened by 18% since 5 Dec
.. the worst in emerging markets
The dollar is now worth over 30 pounds
1/4

[Farah ElBahrawy @farahesque]

I’m obsessed with stories about food security and the nature of human consumption. This is a fascinating read: The convergence of global diets means just three crops provide 50% of the world’s calories. When shocks come, they hurt.

via ⁦@climate⁩ https://t.co/EmhbWAewHN

[The New York Times @nytimes]

Guns are now the No. 1 killer of children in the U.S., surpassing car crashes. Gun death rates for children have been rising for years, and in 2020 guns became the leading cause of death for those ages 1 to 18. https://t.co/qrco9L6vQv

[Bloomberg Middle East @middleeast]

Qatar faces a hard landing now the World Cup is over https://t.co/H7BxKrgcBt

[Farah ElBahrawy @farahesque]

Saudi Arabian stocks have slipped from being among global pacesetters in the first half to ending 2022 as laggards, thanks to a sharp swing in oil prices. And investors are mixed on the outlook for 2023 https://t.co/fLPyhLYJb2 via @markets

[Farah ElBahrawy @farahesque]

Effort perfectly described by Devon here.

[Devon Pendleton @DevPend]

We spent months tallying the wealth of the world's richest family. Even their enormous fortune doesn't come close to conveying their power.
w/ @BenBartenstein, @farahesque @NicolasParasie
https://t.co/UJVVUJC426 via @wealth

[Farah ElBahrawy @farahesque]

Abu Dhabi’s royal Al Nahyans emerge as the richest family in the world with a $300 billion fortune. @DevPend @BenBartenstein @NicolasParasie and myself tell the story here:
https://t.co/fhb8EPymCD

[Farah ElBahrawy @farahesque]

@ZiadMDaoud Odd, let me know when you find out.

[Farah ElBahrawy @farahesque]

Expecting a 2023 rally in stocks? Goldman Sachs strategists think you will be disappointed. https://t.co/aD5mJcfyAb via @markets

[Ziad Daoud @ZiadMDaoud]

5 things on Qatar and the World Cup:

Did Qatar really spend $300b? Yes & no

Since 2010, output from construction alone has amounted to ~$200 billion

A new metro, airport, roads, city, neighbourhoods are related to the tournament, but can be used outside it too
1/5

[Alf @MacroAlf]

Bear market rally or turning point?

A thread.

1/

[Farah ElBahrawy @farahesque]

EXCLUSIVE: @GoldmanSachs is expanding across the #MiddleEast as growing foreign interest and positive economic factors prompt a boom in dealmaking and a flow of funds into the region https://t.co/ksdu2gSZ06