The economic impact from COVID-19 hit oil-exporting countries hard as demand for oil fell and oil producers struggled to store surpluses. Global Sukuk and MENA Fixed Income’s Dino Kronfol and Franklin Templeton Emerging Markets Equity’s Salah Shamma are nonetheless optimistic about the prospects for the Middle East and North Africa (MENA) region. They say a recovery could gather pace for the rest of 2021 on the back of sweeping structural reforms. READ MORE
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