Having trouble reading this email?  View it in your browser  Where to invest? GCC investors to prefer commodities-based assets post-COVID-19 A weaker US dollar is needed to support a reflationary recovery Divergence of financial markets from real economy may lead to corrections: IMF IMF likely to forecast negative growth rates in the global economy than previously estimated for 2020 COVID-19: Lockdowns have eased, but oil won't recover until Q3 2021 Oil cartel OPEC has said that demand would fall by 6.4mln barrels per day (bpd) in the second half of 2020 Outlook: Egypt's external debt forecast to rise by more than 15% Heavy reliance on external borrowing comes against the backdrop of dwindling foreign reserves UAE re-establishes itself as top foreign investment hub in region 82% of investors plan to increase foreign direct investments in next three years - Kearney survey Outlook: Non-performing loans will hinder MENA banks' recovery In the Gulf countries at least, NPL ratios are generally low and banking sectors are well positioned to withstand a jump in bad loans: Capital Economics' James Swanston INTERVIEW: Over half of all oilfield services firms likely to face bankruptcies in 2020: BCG Business and operational continuity will be a big challenge for oil-related companies, a senior energy expert says Read more on ZAWYA.com Keep track of what’s happening in global markets. Sign up to our Daily Morning Briefing.  Have news to share? Email us at editorial.zawya@refinitiv.com, or send us your company press releases to pressrelease.zawya@refinitiv.com                                  All rights reserved. Republication or redistribution of Refinitiv content, including by framing or similar means, is prohibited without the prior written consent of Refinitiv. Refinitiv and the Refinitiv logo are trademarks of Refinitiv and its affiliated companies. Your privacy and trust are important to us. For more information we invite you to review our Privacy Statement. You are receiving this newsletter because you are in ZAWYA's database of newsletter subscriptions. To opt out of this newsletter, please click here to unsubscribe. Refinitiv, Office 501, Building No. 1, Dubai Media City, PO Box 1426, Dubai, United Arab Emirates.

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