Middle East Economic Survey


No 7


Financial Markets Nervous As Egypt Tensions Climb

As Egypt tensions mount, with protestors calling for President Husni Mubarak to step down rather than remain in office until Septembers polls to elect a new head of state, financial markets have remained jumpy. Brent crude has climbed over $102/B on concerns that any escalation in the crisis could disrupt oil transport in the region and MENA stock markets remain vulnerable to downside...