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THIS MORNING: JPMorgan offloads USD 15 bn in debt to finance the PIF-led Electronic Arts buyout
AND- A Saudi oil tanker snakes through the Strait of Hormuz for Pakistan
Saudi could join JPMorgan’s EMGBI in January 2026
PLUS- Jamjoom Fashion hits Nomu today
Banks brace for recession, expect earlier Fed cuts as tariffs continue to shock markets
Traders went all in on rate cuts
JPMorgan reclassifies Qatar and Kuwait as developed markets
The UAE could be the next emerging market to be reclassified as a developed market
It’s Qatar’s turn to stake its claim in global finance
The Gulf state is following in the footsteps of its regional rivals