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 Coronavirus will have a lasting economic impact, says oil giant BP Company to write-off billions of US dollars as it takes a hit from pandemic COVID-19: PMI readings of top MENA economies suggest worst is over "The region is by no means out of the woods, but these economies have passed the nadir in economic contraction" said Ehsan Khoman, Director and Head of MENA Research and Strategy at MUFG Saudi Aramco buys 70% of SABIC for $69.1bln The transaction was priced at $32.86 per SABIC share COVID-19: Saudi may cancel haj but risks gutting economy Saudi Arabia is planning to cancel the haj season for the first time in modern history, reports suggest Implementing new, higher taxes in UAE bad for economy: experts Tax advisory firm says UAE should ensure it remains attractive to expats Islamic economy sectors contribute $11.38bln to Dubai's GDP: crown prince Increased contribution is an organic outcome of Dubai's expertise, advanced infrastructure and strategic geographical location, said Sheikh Hamdan 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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