Stock Rebound Falters; Trump Defends Unfreezing Iran Funds | Horizons Middle East & Africa 6/24/2026
Asian stocks fell after an early rebound ran out of steam, as a tech-led selloff revived concerns the AI rally has gone too far. Also on the show: President Donald Trump said Iran will be able to use funds released from frozen accounts only to purchase food and medical supplies from the US, seeking to ease concerns about peace negotiations that both sides say are making progress; Elon Musk’s SpaceX sold $25 billion of investment-grade bonds, replacing costly debt that had helped finance Musk’s acquisition of X and expensive loans and bonds issued by xAI; Namibia rejected more than 600 appeals against its decision to deny Starlink a license to operate in the country; MGX’s $50 billion raise sets up one of the biggest AI funds ever. Guests include: Dan Farley, State Street Investment Management Executive Vice President; Eileen Burbidge, Passion Capital Founding Partner and NFG Ventures Founder.
Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.
Chapters:
00:00:00 – Introduction
00:02:08 – Chip-Wreck triggers AI bubble fear
00:04:49 – Dan Farley, State Street Investment Management
00:13:38 – Trump defends unfreezing Iran funds
00:28:00 – Eileen Burbidge, NFG Ventures
00:35:07 – Starlink denied entry as Namibia rebuffs 624 appeals for license
00:41:17 – MGX’s $50b raise sets up one of the biggest AI funds ever
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